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. Heather And one of the things that we want to make a point about is that asset management is about thinking. And anybody who has come to … [Read more...]
Understanding Infrastructure Replacement Using the Football Game Analogy (Video Blog)
Ross Waugh continues with his COVID-19 video blog series. In this vlog, Ross illustrates what would happen when municipal or city councils suspend infrastructure replacement, defers renewals or other expenditure due to the economic impacts of the pandemic. Ross uses the sports analogy in this video blog to explain how to manage infrastructure spending when there is an economic recession and … [Read more...]
Asset Management Strategy Best Practice Discussions
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. A participant asked a particular question, "Is there a downside to purchasing replacement pumps and valves to meet future needs instead of … [Read more...]
Asset Management Issue – Funding Depreciation or Replacement Cost
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. This post deals with two questions from the webinar participants. Can you give a little background on funding depreciation?Does funding … [Read more...]
Asset Information Management and Data Capturing
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. Heather took a break from the questions that were submitted and checked on the questions posed during the webinar. An attendee asked if … [Read more...]
Asset Management Practice in New Zealand – A Quick Background
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. Heather Great. So, we have covered the two that we have the most questions about. So, we will move into another topic. We have a fair … [Read more...]
Asset Managing Peaks and Troughs in a COVID19-caused Recession (Video Blog)
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...]
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...]
What Levels of Service Key Performance Indicators Should We Develop?
After discussing and answering questions on asset inventory, Heather and Ross talked about "Levels of Service." In this post, they talked about some useful key performance indicators (KPIs) that asset management professionals can develop. Asset management planning keeps you ahead of your managing assets, always seeing and analyzing the bigger and smaller picture of your infrastructure … [Read more...]
Asset Management – Determining the Realistic Lifespan of Infrastructure
Heather: We also have one particular question that relates to one piece of inventory is how do you determine the realistic lifespan of a piece of equipment? And it gets into that useful life question, so we always ask people to estimate how much longer you think a piece of equipment when your asset is going to last. And so, one way that people like to use is just thinking of the age. And … [Read more...]
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