Oral Presentation IPWEA International Public Works Conference 2025

Principles of Value in Public Infrastructure (129686)

Rex Chen 1
  1. Brightly Software, Melbourne, VIC, Australia

Value is at the core of ISO 55000, but what is at the core of "value"? 

 

Through three compelling short stories:

a sculpture in the Netherlands that unexpectedly prevented a disaster, 

a seawall in Japan whose worth was only realised after a tsunami, 

and the impact of rate rises in Australia on public perception.

We explore the multifaceted nature of the value we create in asset management and how understanding its principles can ultimately help shape tomorrow's world into a better place.