Why Is Infrastructure Management Important?
Value of Existing Infrastructure
Infrastructure systems and elements
are incredibly costly objects. They often require billions (if not
trillions) of dollars and tens of years of effort for
construction. In addition, much of the existing public works
infrastructure (roads, bridges,
waterways, railways) was built before the 1960's. The replacement value
of those objects is almost beyond estimation, especially since revised
environmental guidelines would make some projects almost impossible.
It only makes sense to protect such huge investments in the best way
possible, through proper management systems.
Importance to Society
As described previously, infrastructure
elements are essential parts of a civilized society. To expand and
strengthen the economy, the supporting infrastructure must be of
sufficient quality. Goods must be transported from place to place
efficiently, whether by road, rail, sea, or air. Electrical power and
drinkable water must be provided without interruption. Buildings and
factorys must be in good condition. Built-up areas must be protected
from damaging floods. Without these infrastructure elements, the
variablility of conditions would cause the cost of all consumer goods
and services to increase, while overall effieciency would decrease.
Additionally, millions of people come in contact with infrastructure
elements on a daily basis. An un-maintained infrastructure system
increases the chances of both minor and major accidents. The people
using the system must be kept safe from harm.
A dependable infrastructure system is an important part of everything
that a country produces and uses, from the smallest grain of wheat to
the most sophisticated computer to the largest building. That
infrastructure must be maintained properly if it is to function
correctly.
Value for Your Money
There is a finite limit to the amount of
money that can be spent on maintaining infrastructure systems. For
publicly-owned systems, that money comes from the people's taxes. An
infrastructure management system provides the best value for that
money, spending it in the fashion that will result in the best
maintenance level for the given amount of money. This means that the
taxes collected for the purpose of maintaining the infrastructure will
be at the lowest possible rates. The management system saves the
government, and thus the taxpayer, money that would otherwise be
wasted on inefficient projects. For privately-owned infrastructure,
a management system provides the same benefit. By decreasing the
maintenance cost, the price of goods could be decreased and the
owner's profits increased.
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