Transcription of The Fundamentals of Asset Management - SIMPLE
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The Fundamentals of Asset Management - SIMPLE
The Fundamentals of Asset Management Executive Overview A Hands-On Approach Emerging utility business conditions z Increasing demand for utility services z Diminishing resources z Leveling of production efficiencies z Increasing restrictions on output z Aging infrastructure Result: increasingly expensive treatment options Fundamentals of Asset Management 2. Emerging utility business conditions z Aging customer base z Diminishing technical labor pool z Larger and more sophisticated facilities z Loss of knowledge with personnel retirements z Public resistance to rate increases Result: increasingly complex Management environment Fundamentals of Asset Management 3.
Fundamentals of Asset Management 13 View 1: Definition - asset management zManagement paradigm and body of management practices zApplied to the entire portfolio of infrastructure assets at all levels of the organization zSeeking to minimize total costs of acquiring, operating, maintaining, and renewing assets…
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