It’s a constant tension. So, there’s no right or easy answer to it. I mean you can get smarter about phasing your work, so you can go and say, hey look we could phase it, spread that out rather than trying to do it all there. We could get a bit more life for those pipes, we can phase it over a longer period of time and therefore bring the average cost down. So, that’s a sort of stuff you … [Read more...]
Better Asset Management Planning and Political Decisions
A question was asked: Right so if you look at this one for Hamilton, where they’ve got, oh hey, here we’ve got $100 million there, and we’ve got 80 there. If there was a big lump in here that was $200 million for a stadium then you add them up, you’ve got - oh we don’t have that much money. And we’ve got all these other things. Because if you have a conversation about affording a stadium … [Read more...]
Conclusion and Further Strategic Asset Management Insights
So just in conclusion, 10 to 30 year plus, big pictures, key issues, integrates through that continuum to tactical and project planning. You need to develop a strategic vision, that’s the hard bit because of politicians and the public can’t do it. That’s a bit hard, but it’s around looking those trends and say hey this is what it looks like and then people play with it from there. You have … [Read more...]
Studying Niue’s Infrastructure Financial Projections
This is the country of Niue, a little island. It’s a self-governing, in free association with New Zealand. A lot of New Zealanders got there for holidays in tourism. They are able to come to New Zealand. When that was allowed, the population sort of went from about 10,000 to about 2,000. Everybody came to New Zealand. And we just recently did an asset management plan for every single … [Read more...]
More Better Asset Management Planning Examples
Central Otago So this is Central Otago, much smaller authority. This is water. Theuns has done some very interesting work with them around transportation. Cumulative price, but the really interesting thing with them is the average, the hundred-year average isn’t too bad. Just over a million dollars a year, it’s quite a small area. At the moment, the 30-year average is as well below … [Read more...]
Asset Management Strategy – Do Data Check and Analyze Well
So what I’ve got now, very quickly some examples. So this is the Dunedin City Infrastructure Strategy for water, water waste or storm water through 2060. (See image above). Thinking about infrastructure waves, so thinking just to help you, the dark blue is water treatment renewals. That’s treatments, so what does that graph show you jump out of here, that graph. There are two things that … [Read more...]
New Zealand Infrastructure Construction Waves – A Closer Look
Ross talks about infrastructure waves in his previous post, "Studying Infrastructure Waves through Case Histories." Here, Ross provides a detailed explanation illustrating New Zealand's infrastructure construction waves. If we look at this New Zealand case study, so here’s 1965, we got this peak of water installation expenditure. So this is water reticulation. And then around 2005, … [Read more...]
Studying Infrastructure Construction Waves through Case Histories
This is one is from that same report. The blue line is transportation expenditure in New Zealand, you can see from 1965 and this 1987 recession, it was a little bit of a downward decline coming out of that. There was a dip there but it’s come up but that line across is being pretty steady, okay. And again, I’ve got some examples coming up where we’re going to ask you what the results of … [Read more...]
How Recession Impact Infrastructure Spending – The New Zealand Case
So, this is where you guys start to have to do some work and a bit of response back, we have at about a quarter of an hour, haven't we Theuns. So, this graph here is a graph of, for New Zealand that was produced by the office of the auditor general by NZIER. And so, the blue line was capital expenditure, fixed capital expenditure. And the grey line is the consumption of capital. And this … [Read more...]
What Do the Amendments to the NZ Local Government Act Mean?
So in terms of New Zealand and local government, I do a lot of work in the local government sector, we have a thing we called the Local Government Act. One of the questions Theuns put to me. He said, we have some amendments coming up, what do they mean? And I’ve taken the liberty to reinterpret that question. There are some amendments coming up but what happens with legislation is those … [Read more...]
Helping You Solve Asset Management Issues – Ask the Experts October 2017 Webinar
Watch this recording and presentation slides of the Ask-the-Experts October 2017 webinar that Ross Waugh and Heather Himmelberger held. Ross and Heather had been conducting the Ask-the-Experts webinars since 2014. The webinar on 11 October 2017 is the 6th in the series. In this webinar, Ross and Heather focus on helping asset management practitioners resolve infrastructure asset management … [Read more...]
Strategic Asset Management Planning – Dynamics of Decision-Making
Talking about "Using Uncertainty Theory in Asset Management Planning" Ross explains the advantage of making lots of small decisions. In this post, Ross gives an illustration and discusses further. The other thing is thinking about a car or a boat or something like that. When you’re going in a direction and you want to change direction, it’s easy to do that when you’re moving. If … [Read more...]
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