Building an ontology and process architecture for engineering asset management

  • Vladimir Frolov
  • David Mengel
  • Wasana Bandara
  • Yong Sun
  • Lin Ma


Historically, asset management focused primarily on the reliability and maintainability of assets; organisations have since then accepted the notion that a much larger array of processes govern the life and use of an asset. With this, asset management’s new paradigm seeks a holistic, multi-disciplinary approach to the management of physical assets. A growing number of organisations now seek to develop integrated asset management frameworks and bodies of knowledge. This research seeks to complement existing outputs of the mentioned organisations through the development of an asset management ontology. Ontologies define a common vocabulary for both researchers and practitioners who need to share information in a chosen domain. A byproduct of ontology development is the realisation of a process architecture, of which there is also no evidence in published literature. To develop the ontology and subsequent asset management process architecture, a standard knowledge-engineering methodology is followed. This involves text analysis, definition and classification of terms and visualisation through an appropriate tool (in this case, the Protégé application was used). The result of this research is the first attempt at developing an asset management ontology and process architecture.


Text Mining Domain Ontology Asset Management Ontology Development Process Architecture 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag 2010

Authors and Affiliations

  • Vladimir Frolov
    • 1
  • David Mengel
    • 2
  • Wasana Bandara
    • 3
  • Yong Sun
    • 1
  • Lin Ma
    • 1
  1. 1.Cooperative Research Centre for Integrated Engineering Asset Management (CIEAM)BrisbaneAustralia
  2. 2.QR Network, QR LimitedBrisbaneAustralia
  3. 3.Business Process Management Cluster, Faculty of Information TechnologyQueensland University of Technology (QUT)BrisbaneAustralia

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