The management of infrastructure assets is a relatively new area of expertise and one in which New Zealand leads the world. It involves managing the acquisition, operation, maintenance and renewal of diverse infrastructure assets. These can range from airports to parks and sports facilities.

The aim of managing these assets is to minimise long-term costs and maximise outcomes for the organisation and its customers or the community. Consideration is given to not only the financial benefits but also the social, cultural and environmental benefits. Asset management involves skills in information management, financial analysis, demand analysis, risk management and optimised decision-making.
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