2.4 Lifecycle Planning

Lifecycle planning enables the asset managers to assess their decisions from a future oriented and sustainable point of view. There are different methods and solutions how to plan future maintenance activities on different types of assets. Lifecycle planning can be seen as the state of the art for finding the most efficient and adequate maintenance solutions. Thus, it should be applied especially on those assets where a high deterioration affects the different stakeholders.

In the following chapters the method of lifecycle planning as a part of modern asset management are presented. These chapters focus on modelling, planning, investment, resource allocations and procedures for generating a holistic lifecycle plan.