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You are here: Home / Archives for Levels of Service-Cost-Risk Diagram

05/06/2019 By Admin 4 Comments

Asset Management Planning Lecture at the University of Auckland

asset management planning

Ross Waugh conducted a lecture on Asset Management Planning and Demand Management at the University of Auckland in May 2019. We divided Ross' lecture into two parts because the video is more than two hours. "Asset Management Planning" is the first part of Ross' lecture. It covers the following subtopics: Disciplines of Asset ManagementGuiding Principles of Road Asset ManagementWhat are … [Read more...]

Filed Under: Asset Management Plan, Civil Infrastructure Management, Inframanage Learning, Infrastructure Asset Management, Infrastructure Asset Management Learning, Infrastructure Management Planning Tagged With: AMPs, asset management, asset management planning, IIMM, Levels of Service-Cost-Risk Diagram, University of Auckland, University of Auckland lectures

30/04/2017 By Admin 4 Comments

Asset Management Plans – Conclusion

infrastructure asset management plans

So in conclusion, in New Zealand, we’ve had 20 years of asset plans and 7 cycles of development. We’ve got guidance available through plans and resources and templates for the specific industries as well as across multiple industries. Levels of service, future demand, risk are the key inputs to life cycle analysis. If you try to do your asset life cycle analysis without those inputs, you … [Read more...]

Filed Under: Infrastructure Asset Management, Preparing Implementing Reviewing AMP Tagged With: AMP, Asset Management Plans, factors of safety, ISO 55000, Levels of Service-Cost-Risk Diagram, Lifecycle Management, reviewing AMPs, Ross Waugh, service level categories, service levels, simple IAM diagram, University of Auckland

30/04/2017 By Admin 2 Comments

The Walkerton Canada E. coli Outbreak and its Worldwide Implication on Infrastructure Risk Management Practice

This is a different example. So this was Walkerton, Canada in 2000. So what happened here, they’ve got some bores, they have cows around and they’ve got E. coli, a particular type of E. coli that are carried in cow manure into the bores. Because they had set up a contract with, they have a performance-based contract with the contractor if they haven’t got the chlorine in, they’ve got … [Read more...]

Filed Under: Infrastructure Asset Management, Preparing Implementing Reviewing AMP Tagged With: AMP, Asset Management Plans, factors of safety, ISO 55000, Levels of Service-Cost-Risk Diagram, Lifecycle Management, reviewing AMPs, Ross Waugh, service level categories, service levels, simple IAM diagram, University of Auckland

30/04/2017 By Admin 3 Comments

Factors of Safety and How to Model and Communicate Risk Trade-offs

infrastructure asset management plan

So, the other thing is, this is the Minnesota River Bridge, in the US. I don’t know if you remember. In 2007 it collapsed; killed 13 people, 145 injured. This is the Mississippi River and it made worldwide news at the time. The bridge dropped into the Mississippi River while they were repairing it, by the way. The thing was, if you go back to the 1970s and 80s, in engineering, there were … [Read more...]

Filed Under: Infrastructure Asset Management, Preparing Implementing Reviewing AMP Tagged With: AMP, Asset Management Plans, factors of safety, ISO 55000, Levels of Service-Cost-Risk Diagram, Lifecycle Management, reviewing AMPs, Ross Waugh, service level categories, service levels, simple IAM diagram, University of Auckland

30/04/2017 By Admin 3 Comments

What Infrastructure Managers Lose When Infrastructure Fails

infrastructure asset management plan

Now the interesting thing about that threshold of safety and trust is you can spend heaps of dollars and get your levels of service up to and get your risks back down but you never get your trust back. So as infrastructure asset management practitioners, if you build something that fails or you have a failure sequence like that one at Flint that’s recent, once you lose your trust, so in … [Read more...]

Filed Under: Infrastructure Asset Management, Preparing Implementing Reviewing AMP Tagged With: AMP, Asset Management Plans, factors of safety, ISO 55000, Levels of Service-Cost-Risk Diagram, Lifecycle Management, reviewing AMPs, Ross Waugh, service level categories, service levels, simple IAM diagram, University of Auckland

30/04/2017 By Admin 5 Comments

Levels of Service-Cost-Risk Diagram and the Flint Michigan Water Case

asset management plan

Alright. Levels of service. So levels of service, cost, and risk. And again this came out of the Road Maintenance Task Force work and one of the things we see are these three axes. So levels of service, you can say, hey I’ve got these levels of service and it going to cost me here at this much. And over here, remember I said to you earlier the risk is often hidden. There’s a risk. And the … [Read more...]

Filed Under: Infrastructure Asset Management, Preparing Implementing Reviewing AMP Tagged With: AMP, Asset Management Plans, factors of safety, ISO 55000, Levels of Service-Cost-Risk Diagram, Lifecycle Management, reviewing AMPs, Ross Waugh, service level categories, service levels, simple IAM diagram, University of Auckland

09/09/2016 By Admin 3 Comments

Get This Free Infrastructure Asset Management eBook Now!

infrastructure asset management ebook

DOWNLOAD YOUR COPY! IT'S FREE! We have organized the topics discussed during the Ask-the-Experts webinar that Ross Waugh and Heather Himmelberger held on 30 June 2016. Please browse the topics included in the eBook: Understanding the Levels of Service-Cost-Risk DiagramInfrastructure Asset Management Practice – How Risk Impacts Cost?Things to Consider in Starting Infrastructure … [Read more...]

Filed Under: Ask The Experts, Ask the Experts 30 June 2016, Inframanage eBooks, Infrastructure Asset Management, Infrastructure Asset Management Courses, Infrastructure Asset Management Learning, Infrastructure Asset Management Online Education, Infrastructure Asset Management Online Learning, Infrastructure Management Education, Infrastructure Management Resources Tagged With: asset management, asset management planning, Asset Management Resources, efc network, Heather Himmelberger, infrastructure management, infrastructure management ebook, Levels of Service-Cost-Risk Diagram, Ross Waugh, United States, US water utilities asset management, water utilities infrastructure management

31/07/2016 By Admin 8 Comments

Infrastructure Asset Management Practice – How Risk Impacts Cost?

infrastructure asset management

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 obviously in transportation, the Mississippi bridge failure back in 2007. So it killed - people were … [Read more...]

Filed Under: Ask the Experts 30 June 2016, Infrastructure Asset Management, Infrastructure Management Resources Tagged With: american water works association, Ask the Experts webinar, Asset Inventory, asset replacement cost, Flint Michigan, Flint Water Crisis, Heather Himmelberger, inframanage.com, infrastructure asset management webinar, Levels of Service-Cost-Risk Diagram, Mississippi bridge, Ross Waugh, Walkerton Canada

31/07/2016 By Admin 5 Comments

Understanding the Levels of Service-Cost-Risk Diagram

infrastructure asset management

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...]

Filed Under: Ask the Experts 30 June 2016, Infrastructure Asset Management, Infrastructure Management Resources Tagged With: Ask the Experts webinar, Asset Inventory, asset replacement cost, Flint Michigan, Flint Water Crisis, Heather Himmelberger, inframanage.com, infrastructure asset management webinar, Levels of Service-Cost-Risk Diagram, Ross Waugh

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Conversations with Evan 5 – Ross Answers Asset Inventory Issues (Nos. 5 to 8)

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