Heather answers: Well, certainly redundancy has a big part of the criticality. And there’s a couple of different ways you can do it, depending on how complex or how simple you want it to be. The simplest way would be to have the probability of failure reading times the consequence of failure …
Infrastructure Asset Management – CMOM and Cyber Security
In this post, Ross answers "How can we best integrate CMOM (Capacity, Management, Operations, and Maintenance) into both asset management and fiscal sustainability plan?" He also shared briefly his thoughts on cybersecurity application in infrastructure asset management. Capacity, Management, …
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Managing Security Risks in Asset Management
“Can you talk about asset management as a part of your operating security system? How much security is enough in today’s risk management world?” Heather answers: I am assuming they’re talking about the security in terms of security of tanks from people breaking into the fence or you know …
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Understanding the Key Components of Infrastructure Asset Management
Showing the diagram he created, Ross presented the key components of infrastructure asset management. Simple IAM Diagram (1) Ross explains: Levels of Service, Future Demand, Risks So when you’re linking that to again, even to the financial sustainability program, for any utility, …
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How Facility Sustainability Plans Drive Asset Management and Attract Funding
A participant asked how the state revolving fund conditions for facility sustainability plans could be developed to receive SRF funding and help drive asset management. Heather shared her thoughts. Heather says: I am certainly an advocate that I hope, the facility, the financial sustainability …
Why Governing Bodies Should Support Water Utility Infrastructure Management
Discussing further on the issue of engaging governing bodies to support water utility infrastructure asset management programs, Heather mentioned that this is now a big issue in the water and wastewater sector. Heather says: And just one more thing I'd like to mention on the governing bodies …
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Communicate and Build Consensus – Engaging Government Bodies in Infrastructure Asset Management
Ross talked about three tips on how asset management practitioners could persuade government bodies to support actively infrastructure asset management programs. He discussed the two tips in earlier posts, titled: Communicate with Them and Keep CommunicatingDon’t Be Bogged Down by Technical …
Don’t Be Bogged Down by Technical Details – Engaging Governing Bodies in Infrastructure Asset Management
In the post "How To Engage Governing Bodies in Your Infrastructure Asset Management Program", Ross said that he has three tips, to begin with. Ross' first advice is to "Communicate with them and keep communicating" with governing bodies. His next tip is "Don't be bogged down by technical …
How To Engage Governing Bodies in Your Infrastructure Asset Management Program
While waiting for further questions from webinar participants, Heather shared the many issues around asset management, particularly how to engage governing bodies in participating or supporting actively in the asset management program. She asked Ross to respond to the questions below and share …
Asset Management – More Tips for Replacing Water Distribution Pipes
This is the continuation of what Ross and Heather were discussing in the previous post "How to Number and Replace Water Utility Infrastructure." How do you replace bigger blocks of pipe? And that comes down to the asset management practices of your own utility. Some people will replace …
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Asset Management – How to Number and Replace Water Utility Infrastructure
We have talked awhile about numbering assets, but what about water distribution pipe? Is there a recommended numbering system that will uniquely identify each particular distribution pipe after it has been installed? Heather: They’re talking about the pipe network. So how to identify …
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Better Asset Management thru Tracking Infrastructure Maintenance Cost and Time
Heather and Ross continue to discuss the Important Actions in Tracking Life Cycle Cost of Assets. Heather provides some examples taken from real utility infrastructure management situations she had encountered. Ross gives the possible benefits of tracking maintenance program …