WERF Report SAM1R06c
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Also part of Water Intelligence Online Digital Reference Library
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Available as an ebook
Please purchase via www.iwaponline.comOpens in new window
Also part of Water Intelligence Online Digital Reference Library
Standard ePrice: £29.00
+ VAT
Track 3 of WERF’s Strategic Asset Management Project was developed to “provide guidance on implementing SAM…and develop analytic tools for SAM implementation” - the Decision Support Tools and Implementation Guidance goal. In Track 3, the Decision Support Tools and Implementation Guidance goal was organized around two major elements:
Analytic/Decision Support Tools – Develop staged, user-friendly analytic and decision support tools (gap analysis, cost benefit analysis, risk management, life cycle costing, condition assessment selection tool, etc.) for SAM implementation and continuous improvement.
Implementation Tool – Provide practical, accessible guidance for an implementation tool to undertake SAM in incremental stages leading to a well-planned, structured, and progressive implementation to suit the needs of a diverse range of utilities’ communication practices.
Task Order 2 provided for the following deliverables:
The materials presented in the following sections were developed as a result of executing Task Order 2 to achieve the Project goal. Each chapter details a separate deliverable. Relevant developed materials have been or are in the process of being added to SIMPLE, WERF’s web-based asset management knowledge base.
Asset management can be defined as a way of management thinking and a set of best practices built around a structured framework that assist asset managers in making the most cost effective investment decisions in existing and new assets to sustain long term performance of the assets. At the heart of the framework is the concept of business risk – a metric that measures the interaction of the probability of failure, the consequence of failure, and risk mitigation strategies.
This research:
Utilities are about investment; the most significant management cycle is the annual operational and capital budget cycle. Budgets can be thought of as the financial...
In 2006, at the direction of its members through a series of facilitated national focus groups, WERF launched a multi-year research and development project to...
This report is an output of the fourth research track (Track 4) of WERF’s strategic asset management research program ‘Asset Management Communication and Implementation’ (RFPP #06-SAM-1 CO). Track...
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Available as ebook only
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