Ross Waugh continues his video blog series on asset management and the impacts of COVID-19; presents tips on managing peaks and troughs. In this blog post, Ross talks about the impacts of peaks and troughs on asset management planning tasks. Watch Ross discuss two replacement plan situation graphs showing a peak and a trough. He mentions what would happen when a peak or trough is created … [Read more...]
Infrastructure Asset Management Actions on the Effects of COVID-19 (Video Blog)
Ross Waugh talks about Warren Buffet's Value Investing Principles and how they apply to infrastructure asset management practice. The COVID-19 pandemic has affected countries all over the world, which every one of us is so aware by now. We have also read how it is affecting the economy of countries in particular, and the whole world in general. As infrastructure asset management … [Read more...]
How Asset Managers Respond to the Impacts of COVID-19 Lockdowns (Video Blog)
Ross Waugh shares some essential insights on how infrastructure asset management managers respond to the impacts of the COVID-19 pandemic. Watch Ross Waugh present how infrastructure asset management professionals deal with the impacts of the COVID-19 shutdowns on the economy and delivery of asset management services. This video blog is the continuation of the series on the Covid-19 asset … [Read more...]
Asset Management and its Vital Role in Restoring COVID-affected Economies (Video Blog)
Ross Waugh explains the vital role of asset management in restoring economies that COVID-19 affected. Watch the video now! "Our societies are going to spend an awful lot of money on health and income support, and rebooting economies from the shutdowns and economic shock." - Ross Waugh Ross Waugh is back creating video blogs after the New Zealand government had implemented the COVID-19 Alert … [Read more...]
Getting Started with Asset Management
On 21 January 2020, Ross Waugh and Heather Himmelberger held another Ask-the-Experts webinar titled, “Infrastructure Asset Management – How to Start.” Inframanage.com presents the webinar topics through a series of blog posts. Introduction to the asset management webinar Heather: Thank you so much. And thanks to everyone for being here today. We appreciate … [Read more...]
Asset Management Plans – Creating and Implementing Effectively
Heather: And one last topic area I want to cover in the last few minutes that we have is we have several questions about asset management plans, what those are like, and kind of implementing your asset management program. So, I did want to touch on the asset management report and to be really, really cautious not to view the asset management plan or the asset management report as the end … [Read more...]
Asset Management Resources for Utility Infrastructure Management Work
Heather: And speaking of resources, just to show a couple of resources because somebody did ask, a couple of people asked about, what’s out there that you can look at to see what your utilities are doing. American Water Works Association (AWWA) The American Water Works Association (AWWA) has a whole asset management community. And if you want to be a part of that, you can check into … [Read more...]
Infrastructure Asset Management Software – More Questions Answered
Our resource persons continue to tackle questions on using the software in infrastructure asset management practice. Ross: And software does not equal asset management. It’s a tool. And look, if I think about the biggest thing that drives asset management engineers in New Zealand mad, it is, I want to run a report because I’m going to produce something tomorrow. I know that … [Read more...]
Asset Management Software – What’s the Best for a Small Utility System?
Asset management software questions were so many that Heather and Ross decided to deal with them before the end of the webinar. Heather: Let’s move on to software because we have quite a few people who did ask questions about, essentially along the lines of, what software should I use? Is there a good one for a small system? What’s the best bang for a buck with software? What tools … [Read more...]
Asset Management – Determining Which Assets are at Risk or Critical
Like when we’re talking about asset management, we are not thinking of it as completely separate and apart from everything else the utilities are doing. - Heather Himmelberger Ross and Heather continued discussing risks. They tackled the question below: Aren't most critical assets mentioned and managed in operation and maintenance manuals and the emergency response plan? Both Heather and … [Read more...]
Risk Management – Are Maintenance Schedules A Must for Critical Assets?
Our asset management experts, Heather and Ross, continue to discuss questions on risk management. A participant asks are maintenance schedules required for critical assets. Heather: I think if you are talking about required, it is sort of required by whom? If we are talking about a state agency that would vary from state to state, whether or not there is a specific requirement by a … [Read more...]
Asset Management – Monetizing Risks and Consequences of Failure
But when you’re thinking about consequences, you are often thinking about financial consequences, social consequences, and environmental consequences. - Heather Himmelberger A participant asked: What are the best references available to monetized risk from a triple bottom line approach and specifically thinking about the consequences of failure? Heather: And we should remind folks … [Read more...]
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