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Level: Basic
TCM Section(s):
3.2. Asset Planning
10.2. Forecasting
Venue: 2021 AACE International Conference & Expo
Abstract: The traditional natural disaster recovery models and methods are focused on repairing and using existing engineering resources to resume operations in the fastest and safest methods available. However, there is unrealized value in improving our infrastructure by adding high tech features and strengthening structural integrity, though this is costly and requires long term complex engineering plans. This article aims to consider both methodologies and how an integrated approach could result in building resilient smart cities at a dramatically reduced cost just after natural disasters. An integrated approach would focus not only on resuming operations, reducing construction, repair, and economic distribution costs but also improving quality of life in high-populated areas that are prone to natural disasters. This paper reviews two approaches through a financial model: one rebuilding traditionally and another rebuilding as a smart city following the integrated approach, to justify the long-term benefits of building smart cities.
Level: Basic
TCM Section(s):
3.2. Asset Planning
10.2. Forecasting
Venue: 2021 AACE International Conference & Expo
Abstract: The traditional natural disaster recovery models and methods are focused on repairing and using existing engineering resources to resume operations in the fastest and safest methods available. However, there is unrealized value in improving our infrastructure by adding high tech features and strengthening structural integrity, though this is costly and requires long term complex engineering plans. This article aims to consider both methodologies and how an integrated approach could result in building resilient smart cities at a dramatically reduced cost just after natural disasters. An integrated approach would focus not only on resuming operations, reducing construction, repair, and economic distribution costs but also improving quality of life in high-populated areas that are prone to natural disasters. This paper reviews two approaches through a financial model: one rebuilding traditionally and another rebuilding as a smart city following the integrated approach, to justify the long-term benefits of building smart cities.