Research Priorities for Successful Asset Management

Research Priorities for Successful Asset Management

Research Priorities for Successful Asset Management

 

WERF convened a workshop on March 21-22, 2002, for the purpose of characterizing the spectrum of asset management programs across public water and wastewater utilities and recommending a research agenda to promote the next generation of tools for reducing risk and improving competitiveness. WERF's goals for the workshop were to:    

  • Survey, examine, and document effective asset management approaches.        
  • Construct a view of the state of implementation of asset management and identify barriers to more broad-based implementation.        
  • Pinpoint where improved tools and technical approaches could enhance decision making, confidence, efficiency, communication, and results.        
  • Determine and distinguish differences between large and small utilitiesï¾’ approaches to asset management.        
  • Prepare a prioritized list of research initiatives to address the industry needs and develop a conceptual scope and budget for these research projects. 

A recent WERF Subscriber Survey supports the view that asset management is a priority issue for utilities. Utility respondents ranked asset management 5th among 20 categories by priority, and sixty percent of respondents gave asset management a priority ranking of 1 or 2.  

Contents

  • Premises and Foundations of the Workshop     
  • State of the Practice     
  • Level of Tool Development     
  • Infrastructure Security     
  • Pre-Workshop Survey Results     
  • International Participants Presentations     
  • Workshop Activities and Research Recommendations