Full Description

Much has been written about the infrastructure"crisis" facing water and wastewater utilities. Today'sutility managers and governing board members are in aposition to mobilize and sustain proactive investmentsin utility infrastructure asset management to preventcatastrophic or disastrous conditions from developing.When asset management initiatives are grouped into acoherent risk management program, it is possible to seethe connections between a given level of capital replacementand the necessary repair, rehabilitation, and conditionassessment. In turn, board members can betterappreciate risk management and begin to make the casefor ramping up key expenditures. In addition to providinga risk management framework, asset management isa continuous improvement process that facilitatesknowledge transfer from one generation of managersand board members to the next. It also provides directionfor research and development of repair andreplacement technologies and a better understanding ofsustainable service levels. Includes 12 references, figures.

Product Details

Edition: Vol. 99 - No. 4 Published: 04/01/2007 Number of Pages: 7 File Size: 1 file , 310 KB