ieuasep 10, 2014 · asset management: five core questions asset management 1. what do i own and...
TRANSCRIPT
Asset
Man
ag
em
en
t at
IEU
A
Jeff
No
elt
e
Dep
uty
Man
ag
er
of
Tech
nic
al
Serv
ices
Oc
tob
er
20
13
Pre
se
nta
tio
n O
ve
rvie
w
A
sset M
anagem
ent
(AM
) Term
s a
nd D
efinitio
ns
H
isto
ry o
f A
sset M
anagem
ent
at IE
UA
A
sset M
anagem
ent
Pla
n (
AM
P)
Develo
pm
ent
R
P-1
AM
Syste
m S
um
ma
ry
A
MP
Schedule
Asset M
anagem
ent D
efinitio
n
“An
in
teg
rate
d s
et o
f p
roce
sse
s to
min
imiz
e the life-c
ycle
costs
of
infr
astr
uctu
re a
sse
ts, a
t a
n a
cce
pta
ble
leve
l o
f risk, w
hile
co
ntin
uo
usly
deliv
ering e
sta
blis
hed levels
of serv
ice.”
Asset M
anagem
ent:
Fiv
e C
ore
Qu
estio
ns
Asse
t M
an
ag
em
en
t
1.
What do I
ow
n a
nd
what
is the c
urr
ent
sta
te o
f m
y a
ssets
?
2.
What
are
my
required
“susta
inable
” B
usin
ess G
oals
?
3.
Whic
h a
ssets
are
critical to
susta
ined
perf
orm
ance?
4.
What are
my
min
imum
life
-cycle
costs
?
5.
What is
my b
est
long-t
erm
fundin
g
str
ate
gy?
Life
-Cycle
Cost of an A
sset
Asset M
anagem
ent D
rivers
Im
pro
ve
de
cis
ion
ma
kin
g
U
nd
ers
tan
d a
nd m
an
ag
e r
isk b
ett
er
Lo
wer
co
sts
B
ette
r pla
nn
ing o
f pro
jects
Where
Does A
M F
it In?
Agency M
issio
n &
Valu
es
Busin
ess G
oals
Str
ate
gic
Pla
n
Pla
nnin
g D
ocum
ents
IR
P
RW
Pla
n
WF
MP
AM
Pla
n
Recharg
e M
P
TY
CIP
LR
PF
Energ
y P
lan
Pro
gra
mm
atic E
IR
Capital
Pro
jects
AM
Pla
n
Update
R&
R
Pro
jects
TY
CIP
LR
PF
Update
s
Info
rmation o
n
Exis
ting A
ssets
New
Assets
Cre
ate
d
AM
His
tory
at IE
UA
20
04
: A
M S
trate
gy a
nd
Pro
gra
m in
itia
ted
20
10
: C
on
su
lta
nt
lead
de
ve
lopm
ent
of Le
ve
ls o
f
S
erv
ice
20
11
: L
evels
of S
erv
ice
Adop
ted
20
13
: C
onsultan
t le
ad d
evelo
pm
en
t of
pre
limin
ary
R
&R
Sch
ed
ule
S
tart
de
ve
lopin
g A
sse
t M
ana
ge
men
t P
lan
(A
MP
) a
nd
de
ve
lop
Bu
sin
ess G
oa
ls (
In-h
ou
se
)
Pu
rpo
se
of A
sse
t M
an
ag
em
en
t P
lan
(A
MP
)
C
om
mun
icate
to e
xte
rna
l a
s w
ell
as in
tern
al
sta
keh
old
ers
A
ccu
rate
ly d
escri
be A
gen
cy a
sse
ts a
nd t
he
ir
co
nd
itio
n
C
om
mu
nic
ate
fu
ture
fu
nd
ing
re
qu
ire
me
nts
an
d
pro
jects
to m
an
ag
e a
sse
ts in
a m
an
ne
r
ap
pro
pri
ate
fo
r m
ee
tin
g B
usin
ess G
oa
ls
AM
P C
onte
nt
1.
Intr
odu
ctio
n
2.
Agen
cy O
ve
rvie
w
3.
Busin
ess G
oals
4.
Futu
re D
em
an
d &
Gro
wth
5.
Asse
t M
ana
ge
men
t S
yste
m S
um
ma
rie
s
6.
Asse
t M
an
ag
em
en
t M
od
el
7.
Sta
te o
f th
e A
sse
ts S
um
mary
8.
Lo
ng
Te
rm A
sse
t M
an
ag
em
en
t
AM
Syste
m S
um
maries
Hie
rarc
hy o
f A
ssets
Age
ncy
RP
-1
Pre
limin
ary
P
rim
ary
S
eco
nd
ary
Te
rtia
ry
So
lids
Dew
ate
rin
g
Au
xili
ary
Oth
er
AM
Syste
m S
um
mary
(R
P-1
)
O
vera
ll P
roce
ss F
low
sche
matic (
han
do
ut)
S
um
mari
es “
she
ets
” fo
r ea
ch
tre
atm
en
t p
roce
ss
Le
t’s r
evie
w R
P-1
Pre
limin
ary
Tre
atm
ent
Pro
cess (
ha
nd
ou
t)
RP
-1 P
rocess F
low
Schem
atic
RP
-1 P
relim
inary
Tre
atm
ent
RP
-1 L
ist of P
roje
cts
Rehab &
Repla
cem
ent (R
&R
)
Sch
ed
ule
•R
&R
Sche
du
le is a
n in
pu
t to
the
Lo
ng
Ran
ge
Pla
n o
f F
ina
nce (
LR
PF
)
AM
P S
ch
ed
ule
A
nticip
ate
d C
om
ple
tion
in
Ja
nu
ary
201
4
Qu
estio
ns?