Perspectives on project management and asset management integration: A systematic review

Infrastructure development often treats project management (planning, design, and construction phases) and asset management (operation and maintenance phases) as separate silos, resulting in significant integration gaps. This systematic literature review explores how existing research connects these domains to promote lifecycle integration. Findings reveal that cost and risk management are essential for forecasting and decision-making, but their effectiveness is enhanced when combined with digital tools and collaborative procurement strategies. Additionally, stakeholder collaboration and effective information management are critical for overcoming organisational silos and ensuring seamless integration. This research reveals that integrated lifecycle management can reduce inefficiencies, enhance decision-making, and improve the long-term sustainability of infrastructure projects. By synthesising diverse insights, the study highlights the potential synergies between different lifecycle phases, emphasising better integration between project and asset management. These findings provide strategies for policymakers, practitioners, and researchers, helping to ensure long-term infrastructure project success and sustainability.