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SUMMARY:Value-based asset management decisions: analyses of empirical data
  for prioritization of investments in electricity networks - Professor Joe
  Amadi-Echendu (University of Pretoria)
DTSTART:20161027T130000Z
DTEND:20161027T140000Z
UID:TALK68272@talks.cam.ac.uk
CONTACT:Rengarajan
DESCRIPTION:Electricity networks are long-lived engineered assets. Decisio
 ns to expand a network\, or to\ndecommission and dispose of existing equip
 ment must contend with technology changes\, safety and technical integrity
 \,\nand consumer demand vagaries. Evolutions in technology\, industrial de
 velopment needs\, and rapid urbanization\nexacerbate the management of ass
 ets that have high socio-economic impact. By analyzing empirical data on e
 lectricity\nnetworks\, this paper proposes the value principle as the basi
 s for multi-dimensional condition assessment and multicriteria\nprioritiza
 tion of investment decisions in a case study utility.\n\nSpeaker Profile:\
 nJoe Amadi-Echendu earned BS and MS degrees in Electrical and Electronic E
 ngineering\nfrom University of Wyoming\, USA\, and DPhil in Control Engine
 ering from University of\nSussex\, UK. Dr Joe currently serves as a Profes
 sor of Engineering and Technology\nManagement at University of Pretoria\, 
 Republic of South Africa. He is the founding\nDirector of the Institute of
  Engineering\, Technology and Innovation Management at\nUniversity of Port
  Harcourt in Nigeria.\nProf Amadi-Echendu commenced his career as an appre
 ntice maintenance technician at a\ntyre manufacturing plant\, and his expe
 rtise is underpinned by his doctoral research in\ndigital signal processin
 g\, condition monitoring and diagnostic engineering management of\nphysica
 l plants and processes. He has over 12 years industry work experience\, as
  well as\n20+ years academic experience in USA\, UK\, Nigeria and South Af
 rica. His extensive\nexperience and interests cover the broad fields of en
 gineering and technology management\nwith particular emphasis on the manag
 ement of intellectual assets\, engineering\ntechnologies\, plant\, equipme
 nt and infrastructure assets. While working in industry\, Dr\nJoe primaril
 y implemented “operational readiness” programmes for green field capit
 al\ndevelopment projects in petrochemical and mining sectors.\nHis current
  teaching and research activities are focused on engineering asset managem
 ent\nand technology commercialisation\, as well as supervision\, mentoring
  and coaching to all\ngrades of students and technology-based business sta
 rt-ups. Prof Amadi-Echendu has\npublished over 150 articles in journals an
 d accredited international conference\nproceedings. Joe’s involvement in
  community development\, professional and scholarly\nactivities has been r
 ecognised through many local\, national and international awards such\nas 
 best paper\, distinguished service\, excellence\, and leadership awards.\n
 Joe is registered as a professional engineer in both the UK and South Afri
 ca. He continues\nto provide consulting advice and training to both privat
 e business and public sector\norganisations. In addition to external exami
 nation of master and doctoral degree\ndissertations at local and overseas 
 institutions\, and review of manuscripts for a number of\njournals\, Prof 
 Amadi-Echendu’s concurrent roles and scholarly activities include\; (i)\
 neditor-in-chief for Springer’s Engineering Asset Management Review Seri
 es\, ii) founding\nfellow\, board member and director of International Soc
 iety of Engineering Asset\nManagement (ISEAM)\, iii) member of board of di
 rectors of the International Association\nfor the Management of Technology
  (IAMOT)\, iv) member of technical panels of long\nstanding international 
 conferences namely\, COMADEM\, IAMOT\, PICMET\, and\nWCEAM\, and v) ‘Exp
 erienced Researcher’\, EU grant funded H2020-MSCA-RISE Sustain\nOwner Pr
 oject 645733.
LOCATION:Seminar room 2\, Institute for Manufacturing\, Cambridge
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