Once you have embraced the importance of an asset management plan and understand the steps necessary to create one, the biggest hurdle to developing and implementing it is typically funding....
There are nine steps to creating an asset management plan: Determine the status of all sources of utility system data Design a new GIS database or update an existing database...
An asset management plan (AMP) contains six major elements: Asset register Risk matrix Condition assessment Level of service determination Decision matrix Financial planning with a funding strategy Asset Register An asset register...
An asset management plan helps a utility owner manage their system proactively. It does this in five key ways: Anticipating the real service life of water, wastewater, and stormwater assets ...
As utility infrastructure ages, workforces retire, and utility system data quickly becomes outdated or lost, the unknowns associated with operating a utility system grow significantly. How can utility operators begin...