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Condition assessment often serves as the primary, and at times, the exclusive factor driving the prioritization of rehabilitation requirements. While this methodology signifies a substantial departure from a ‘run-to-failure’ strategy, it does possess inherent limitations. Notably, it has been demonstrated to exhibit constrained efficiency, potentially resulting in the refurbishment of assets with minimal risks or inconsequential impacts. An evolved and more sophisticated perspective on asset management involves a comprehensive evaluation of the functions delivered by infrastructure elements, whether they pertain to drainage pipes or other stormwater control measures. By harmonizing the state of assets with the contextual stakes and vulnerabilities within the specific territory or region under the purview of the utility manager responsible for the upkeep of the drainage network, a more precise targeting of rehabilitation necessities can be achieved. This precision, in turn, culminates in a notable enhancement of the system's overall performance. This holistic approach, commonly referred to as a risk-based strategy, furnishes an inclusive framework for optimizing location strategies. This optimization hinges on the prioritization of rehabilitation requisites through a meticulous multi-criteria analysis. This chapter delves into the foundational functionalities inherent in urban drainage systems, coupled with their associated services. Subsequently, the succeeding section elucidates the shift from a condition-centred methodology to a performance-centric approach. A series of illustrative case studies follow, providing real-world context to the concepts discussed.

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