Over the last twenty years, the concepts of sustainability and sustainable development have assumed political importance around the world, and have been largely embraced by governments and prominent international institutions. These concepts have been a means of tackling the cha…
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Owners of infrastructure assets have responsibility for the management of a diverse portfolio of civil engineering assets. These assets make up the foundations of modern society and are arguably pivotal in the economic growth and wellbeing of a nation. It is of no surprise there…
Access to safe and sufficient drinking water and adequate sanitation are now recognized as basic human rights. One Millennium Development Goal is to reduce by half the proportion of people without access to safe drinking water and basic sanitation by 2015. However, ensuring sust…
We consider the problems commonly encountered in asset management such as optimal execution, portfolio construction, and trading strategy implementation. These problems are generally difficult in practice, in large part due to the uncertainties in financial markets. In this thes…
The health of the transmission power transformers in the power system networks is critical to the reliability of electricity supply. Knowing the precise life expectancy of the transmission power transformer is of vital importance as it permits an optimised asset replacement. The…