A participant asked about levels of service, to wit: How involved should I have my customers be in determining my level of service and how do I go about involving them? Heather: Now I can tell you. I’ll give an answer and I’ll let Ross intervene because New Zealand has a lot of getting …
Monitoring and Analyzing Processes to Improve Asset Maintenance System
A participant asked, "Have you performed research related to automated condition-based monitoring? For example, vibration analysis and shock pulse method for bearing verification. This will be related primarily to pumping or any mechanical equipment. This will help perform predictive maintenance …
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How to Deal with Water Losses Coming from Leaks in Homes
The question is about the water losses on the customer’s side. How can the agency: Inspect the individual plumping fixtures in private homes?Replace or repair the private leaking fixturesFinance the repairs or replacementsEnforce the program Heather: That’s a really difficult issue. We …
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Are You Saving Enough for Replacement Cost of Assets?
The participant who asked about the replacement cost of assets clarified that they are planning on setting aside 6 percent of the monthly estimated cost of the pump, which is not enough to buy the other pump after ten years. Heather: Yeah I think, it’s sort of, sometimes when we look at …
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Asset Replacement Cost – Interest Rates and Reserve Fund
Ross and Heather discussed asset replacement costs in the previous post in answer to a participant's question. This is the continuation of the conversation. Heather: And I think, you know you’re talking about the 6% increase that somebody suggested. And I think you could choose what interest …
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Determining the Replacement Cost of Assets
A participant asked about the cost per year of an asset. He gave a simple example of a pump that costs $10,000 that should last ten years. So if you divide that by over the course of ten years and then by month, figures that to be $83 a month. If you set aside the depreciation for the asset. So …
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Cheap Ways to Collect Condition Data of Underground Infrastructure Assets
In this blog post, Ross and Heather continued answering the participant's question on Things to Consider in Starting Infrastructure Condition Assessment. Ross: And particularly with the metal pipes, because you don’t tend to go cutting holes on them unless you need to - or any pipe. But …
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Things to Consider in Starting Infrastructure Condition Assessment
One of the participants asked: I’ve just started the asset management process looking at my inventory for one asset category and considering the condition assessment. I’ve been advised to look at how long the assets have been in place and use its life expectancy to determine the condition. …
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Infrastructure Asset Management Practice – How Risk Impacts Cost?
In the previous post, Ross explained the "Levels of Service-Cost-Risk Diagram" and he continued to provide a couple of illustrations. Heather also mentioned two examples regarding the safety and trust threshold. Ross: And a couple of examples that have dropped out recently is that, was …
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Understanding the Levels of Service-Cost-Risk Diagram
On 30 June 2016, Ross Waugh and Heather Himmelberger held another "Ask the Expert: A Unique Opportunity to Ask Your Asset Management Questions or Seek Advice on How to Begin" webinar. Inframanage.com presents the webinar topics through a series of blog posts. Heather: Great. Again thank you …
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Listen to the Ask the Infrastructure Asset Management Experts Webinar Now!
On 30 June 2016, Ross Waugh and Heather Himmelberger held another “Ask the Expert: A Unique Opportunity to Ask Your Asset Management Questions or Seek Advice on How to Begin” webinar. This is the 5th webinar they have conducted. Reflecting on the Flint Michigan crisis, Ross presented the "Levels …
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Inframanage.com adds Transcriptions of Infrastructure Decision Support (IDS) Videos
Yes, Inframanage.com has transcribed the nine-video series "NZ’s Asset Management Success Story Revealed" and added the transcription to each of the corresponding blog posts. We're happy to provide you this resource for your notes and references. Please go through the transcripts and …