We are happy to share the "Ask the Expert" webinar that Ross Waugh and Heather Himmelberger held on 30 August 2018 at Albuquerque, New Mexico. Know more about the asset management experts in this webinar by watching the video above. Planning to start an asset management program? Then watch the video and know what Heather and Ross discussed on the following: Where do we start? How do … [Read more...]
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 rather than reactive maintenance. If so, do you have the comparison of the brands and … [Read more...]
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 fixtures Finance the repairs or replacements Enforce the program Heather: That’s a really difficult issue. We do a lot of water loss training and working with utilities on doing water … [Read more...]
Are You Saving Enough for Replacement Cost of Assets?
The participant who asked about 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 replacements, we’re just pushing the problem off to the future. Ross: You’re kicking the can on the … [Read more...]
Asset Replacement Cost – Interest Rates and Reserve Fund
Ross and Heather discussed asset replacement cost 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 rate you think seems to be the most appropriate… Ross: But if you’re good at that, change your … [Read more...]
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 the reason for the question is if someone else was looking at interest only and figured at 6 … [Read more...]
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 sometimes you’ll be putting in a hydrant or a valve or something like that - in a pipe that’s been on … [Read more...]
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 condition. Are there other things I should be considering? Ross says: Yes, that’s a really good place to start. … [Read more...]
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 safety and trust threshold. Ross: And a couple of examples that have dropped out recently is that, was obviously in a transportation, the Mississippi bridge failure back in 2007. So it killed - people were … [Read more...]
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 all for being here today. And just as a reminder, we’d like to focus this as much as possible … [Read more...]
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 of Service-Cost-Risk Diagram" and Heather provided further examples. In this webinar, Ross and … [Read more...]
More Practical Tips on Infrastructure Asset Inventory
Ross: And coming right back to that slide with the truck and the road you know, you don’t know what you’re trying to answer and where you’re trying to get to, you’ll end up collecting the wrong information in the first place. Now the other thing, I think just advice on the inventory very quickly, is that if - it's started at a high level, get out of there quick. Because this is fast … [Read more...]
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