Inframanage
Infrastructure Asset Management Resources
Our asset management experts, Heather and Ross, continue to discuss questions on risk management. A participant asks are maintenance schedules required for critical assets. Heather: I think if you are talking about required, it is required by whom? If we are talking about a state agency …
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A participant asked: What are the best references available to monetized risk from a triple bottom line approach and specifically thinking about the consequences of failure? Heather: And we should remind folks what the triple bottom line is because maybe not everybody is familiar with …
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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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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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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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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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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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Before moving on to a different topic, Heather and Ross discussed a question on asset management staffing that a participant presented. Heather: It is a staffing question. Who does your asset management? Is there someone that is specifically assigned to it that doesn’t do anything else? …
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In the previous post, Heather and Ross started discussing how to start an asset management plan. This post is the continuation of their discussion. Don't build a massive inventory at a highly detailed level Ross said that the interesting thing about where not to start is trying to build a …
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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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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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In this 10th video, the last of the series, Ross asked Heather about the lessons they've learned. Watch this video to hear Heather narrating the lessons they have learned since doing asset management. She cites specific examples that you can apply to your utilities. Get the best practices …
Continue Reading about Southwest EFC Asset Management Story 10 – Lessons and Best Practices →
