This dissertation presents an innovative, value-enhancing approach for proactive replacement planning for aging water resource infrastructure given uncertain future conditions. This work addresses two shortcomings in the existing literature on long-term water infrastructure planning. First, existing approaches do not incorporate different drivers of investment within a single unified framework: they typically focus on infrastructural alterations driven either by changes in external operating conditions or by internal structural factors. Second, the majority of approaches developed to incorporate uncertainty within long-term planning are reactive towards uncertainty. The approach developed here advances the current state of research by accounting for different drivers of reinvestment, both changes in external conditions and structure-specific processes, and by taking a proactive rather than reactive stance toward uncertainty.
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