Glossary

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Title
isk Report

Report intended to inform particular internal or external stakeholders by providing information regarding the current state of risks and its management. (Source: CIDB Standard for the Delivery and Maintenance of Infrastructure using a Gateway System).

isk Management

Coordinated activities to direct and control an organization with regard to risk. (Source: ARP 070:2009 ISO Guide 73:2009).

isk

Effect of uncertainty on objectives. (Source: ARP 070:2009 ISO Guide 73:2009/CIDB Standard for the Delivery and Maintenance of Infrastructure using a Gateway System).

Irregular expenditure

Expenditure, other than unauthorised expenditure, incurred in contravention of or that is not in accordance with a requirement of any applicable legislation. (Source: Adapted from the Finance Management Act of 1999).

IRR

Internal Rate of Return

IRM

Infrastructure Reporting Module

IPMP

Infrastructure Programme Management Plan

IPIP

Infrastructure Programme Implementation Plan

IP

Infrastructure Plan

Infrastructure Plan

Plan which identifies long term needs and links prioritised needs to a forecasted budget for the next few years. (Source: CIDB Standard for the Delivery and Maintenance of Infrastructure using a Gateway System).

Infrastructure Gateway System

The system described by the CIDB for the delivery and maintenance of infrastructure in terms of stages and associated end of stage deliverables.

Infrastructure Assets

Stationary systems forming a network and serving whole communities, where the system as a whole is intended to be maintained indefinitely at a particular level of service potential by the continuing replacement and refurbishment of its components. The network may include normally recognised ordinary assets as components. (Source: International Infrastructure Management Manual – Ver. 3.0 2006).

Infrastructure (or engineering infrastructure)

Infrastructure (or engineering infrastructure) includes all assets provided to ensure that the optimal functioning of a facility. It includes bulk assets, municipal assets, on-site assets such as roads, storm water drainage, sewerage, water, electricity, gas, steam, incineration, heating, ventilation etc. Provided at a level of service relevant to the requirements of the current and future needs of the assets. (Source: IDM Toolkit).

Infrastructure

The system of public works of a country. (Source: Meriam Webster)

Implementing agent

An agent of the client who is a government department or state owned enterprise which implements a programme or project on a client’s behalf. (Source: IDM Toolkit Practice Guide 2 Construction Procurement Strategy).

Immovable Asset Management

Immovable Asset Management comprises the strategic management activities required to ensure that the immovable asset requirements for service delivery of an entity (or enterprise) are met. It includes setting a strategy, the assessment of immovable asset needs, planning a portfolio of assets optimally located to meet such needs, budgeting for the life cycle cost to pay for such assets and monitoring (& regularly evaluating) the level to which such needs are met. (Source: IDM Toolkit).

IIMM

International Infrastructure Management Manual

IGR Act

Intergovernmental Relation Framework Act

IGR

Intergovernmental Relation Framework

IGP

Infrastructure grant to provinces

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