In this five-minute video, Ross explained the financial aspects to be considered in infrastructure asset management. Watch him talk about revenue, capital, internal funding, financial aspects, and expenditure plus other infrastructure asset management related topics. Through the demonstration …
Lifecycle Asset Management – Know the Absolute Heart of Asset Management
Ross provides a good overview of Lifecycle Asset Management, how to do it, and what it covers. He mentioned the reference manuals he used in discussing the topic and elaborated further through illustrations on the whiteboard. Ross emphasized that the video seminar series started with Levels of …
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Video: Lifecycle Asset Management – Summary Series
Ross is happy to share the "Lifecycle Asset Management" summary, the 10th of 16 videos that he is producing for the video seminar "Introduction to Practical Asset Management" Watch him explain why "Lifecycle Asset Management" is the "absolute heart of infrastructure asset management." Also, if …
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Level of Service Issues in Water Utilities Asset Management
A participant asked about the level of service issues as they manage their water utility assets. Please read below what Heather and Ross explained. Heather: Well, my take on that is there are a few that are more set by regulatory nature that you, know you want to make sure that you’re …
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Doing Small Successful Steps in Water Utility Asset Management
Ross: And Heather, I met the gentleman at Albuquerque who wrote that and the thing that impressed me was he was a private individual. He was just helping out. He’s I think a voluntary custodian for his community of the water system. And if he wasn’t 75, he was that sort that age if …
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Asset Management Plans for Small Water Systems
Ross: And Heather look one of the things we’ve found here that are very easy when you’re a small system to look at a 200 or 300-page asset management plan that’s being produced by LA or New York or a major system. And that’s just ridiculous. We can’t do that and the sure answer is you don’t …
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How to Convince a Small System to Have an Asset Management Plan?
Do you have any advice on how to convince a small system that they need to have an asset management plan? Heather: My advice is, that it’s very important to work with them on whatever their biggest problem is and show them how asset management can help them solve that issue as a way to get …
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Risk Management – Its Importance and Implication to Asset Management
This video will enable you to understand the importance and implication of "Risk Management". Ross shares more details on the "Risk Management - FULL VERSION" video, the 9th of 16 videos slated under "Introduction to Practical Asset Management." Among the topics Ross discussed in the video …
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Video: Risk Management – Summary Series
Ross releases Video No. 9 of the 16 videos in the "Introduction to Practical Asset Management - Summary Series" video seminar. In this video, Ross talks about "Risk Management". Considering that "Risk Management" is one of the major subject areas and integral to infrastructure asset …
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Asset Management is Cost-Effective and Sustainable Solution for Infrastructure Crises
Ross: And I think too Heather, just clicked back to that slide from Toledo, Ohio because they've had the "Do not drink (notice)" for the entire population due to that. They’re getting through the treatment plant. And yes that’s a different cause of the problem from a break or the Boston one …
Criticality and Overall Cost in Water Utilities Asset Management
Heather: And the other thing to think about is, different breaks have different criticality to a water utility. So a small break on a side street that it’s just tricking down the road, impacting a couple of customers is not the same as a major water main break that impacts the whole town …
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Holistic Impact of Infrastructure Management Actions to the Utility Community
Why should the utility worry about the cost of pipe breaks that don’t affect the utility? For example, blocking traffic. Dawn: This came whenever we have the earlier discussion about the cost were associated with the water line breaks in LA, and so you know you’re talking about the various …