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 …
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 …
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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. Ross: And interestingly, last year, I talked …
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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 …
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Why Asset Management is About the Thinking Process and not the Software
Further on the question of using a spreadsheet or database is the use of applications or software for asset management. Many participants had asked what software Heather and Ross would recommend. In response, Ross and Heather elaborated that asset management is about the thinking process. They …
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Asset Management Tips to Doing an Efficient Asset Inventory
In the previous post, Ross and Heather tackled the question on asset inventory. Discussing further, Ross and Heather give tips and examples on how to do asset inventory efficiently. Ross: Yes, I mean a good example of that sort of thing is pumps. So, if you’ve got a small pump set and …
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Asset Inventory – Ownership, Condition, Location, Replacement Cost
Heather: Let’s move on to asset inventory questions. One of the core components of asset management is the current state of the asset, which gets into your asset inventory: What do you own?Where is it?What is it worth?What is it going to cost you to replace it?The condition, useful life, all …
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If I Were Starting an Asset Management Plan, Where Do I Begin
Heather Himmelberger and Ross Waugh discussed the questions that were sent before the webinar. One of the questions was: Somebody wants to start an asset management plan, what do you tell them? Heather: Great. So, where we are going to start is actually at the very basic question. We’ve …
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Get to Know the Infrastructure Asset Management Experts
Ross Waugh and Heather Himmelberger held the Ask-the-Expert webinar, "Asset Management – How to Start and Practice Actively" on 30 August 2018. Inframanage.com presents the webinar topics through a series of blog posts. Heather: Thank you. And welcome everybody out there, listening to …
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Southwest EFC Asset Management Story 9 – AM Knowledge Sustainability
How do we capture the asset management planning knowledge held by people who have worked in the industry for a long time so that we can transfer their expertise and successes to others? Heather expressed that their most significant issue is continuity in terms of asset management knowledge. In …
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Southwest EFC Asset Management Story 5 – Challenges Encountered
"The Southwest EFC story isn't without any challenges," Heather reveals in this video. Heather narrated the many challenges during their 15 years of asset management with water utilities. Discover the asset management lessons they learned in their infrastructure management journey. In this …
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Resolving Asset Management Issues Using Simple Solutions
When Ross commended the EFC Network for the asset management training they are doing for years now, Heather presented their resources. Heather: And one of the things that we offer is a free Access Database and a free Excel spreadsheet. There’s nothing magic, whatsoever about them. But it’s …
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