Asset Management for Water Utilities
July 29-30, 2020 | Online :: Central Time
This introductory course to Asset management takes the participants on a visually engaging journey through the broad landscape of asset management concepts. A series of interactive exercises will demonstrate how the concepts are applied into practice in a way that will help Water and Wastewater Utilities design strategies to realize value from their assets. Using industry best practices, participants will learn how to plan around risks, develop asset health and condition metrics, manage asset lifecycles strategies, engage stakeholders through Levels of Service and make optimized trade-offs in a context of financial constraints, aging systems, changing regulations, and growth.
- Explain what Asset Management is and the benefits it has to a Water and Wastewater organization
- Describe the differences between a policy, a strategy and a plan
- Appreciate the importance of a “Line of Sight” across the different level of an organization and across the different service areas
- List some of the global standards for asset management and describe how each of them can be useful
- Analyze risk events using an industry accepted methodology (e.g. Water quality dechlorination events, breaches in operating certificate)
- Identify some of the barriers to the effective operationalization of asset management within an organization
- Describe the key protocols associated with operating and maintaining assets and how these can extend asset life (e.g. water treatment plants, reservoirs, pump stations, pipes)
- Explain how an asset hierarchy is typically developed and applied
- Provide examples how Asset Management helps with financial planning and decision making
- Describe a framework for good practice Capital Investment Planning using asset management principles
EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET). In obtaining this accreditation, EUCI has demonstrated that it complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.
EUCI is authorized by IACET to offer 1.4 CEUs for this event.
Requirements for Successful Completion of Program
You must be logged in for the entire presentation and send in the evaluation after the online course is completed. Participants must also bring a laptop.
Power Point presentations, open discussion, examples
Wednesday, July 29, 2020
8:30 – 9:00 a.m. :: LogIn
9:00 – 10:00 a.m. :: Introduction to Asset Management: Part 1
- History of asset stewardship
- Core principles of ISO 55001
- Policy and Strategy
10:00 – 10:30 a.m. :: Morning Break
10:30 a.m. – 12:00 p.m. :: Introduction to Asset Management: Part 2
- Asset Management Plans (AMP)
- The Asset Management System
12:00 – 12:30 p.m. :: Lunch Break
12:30 – 2:00 p.m. :: Asset Information
- Standards and Systems
- Asset hierarchies and data attributes (e.g. pump station facility, mechanical processes, pumps and motors)
- Asset information strategy
- Data and information management (e.g. condition, replacement cost, criticality, etc.)
2:00 – 4:00 p.m. :: Asset Risk
- Overview of ISO 31000 risk standard
- Identifying risks (e.g. aging infrastructure, growth, seismic resilience)
- Assessment (Analysis & evaluation) of risks
- Treatment of risks,
- Contingency planning
4:00 p.m. :: Wrap Up and Adjourn
Thursday, July 30, 2020
8:30 – 9:00 a.m. :: Log In
9:00 – 11:00 a.m. :: Asset Condition
- Asset health and performance metrics
- Age-based, proxy-based & evidence-based condition
- Benchmarking condition
11:00 a.m. – 12:00 p.m. :: Asset Lifecycle: Part 1
- Lifecycle overview
- Creating and acquiring assets
12:00 – 12:30 p.m. :: Lunch Break
12:30 – 1:30 p.m. :: Asset Lifecycle: Part 2
- Operating and maintaining assets
- Disposal of assets
1:30 – 2:30 p.m. :: Levels of Service
- Stakeholder mapping
- Leading & lagging indicators
- KPs, metrics and measures
- Performance measurement
2:30 – 3:15 p.m. :: Financial Strategies
- Opex, Capex and Totex
- Decision-making criteria
- Prioritization and Optimization
- Multi-objective Decision Making (MODA)
- Asset Reinvestment strategies
3:15 – 4:00 p.m. :: People and Continuous Improvement
- Organizational structure and culture
- Governance models
- Resource management
- Process mapping
- Change management
4:00 p.m. :: Wrap Up and Adjourn
David has over 25 years experience in asset management in both the public and private sectors, having provided services for a wide variety of organizations including water utilities, municipalities, airports and rail networks. He has a degree in Urban & Regional Planning and is a certified financial reserve analyst, a certified ISO 55001 asset management assessor, a certified maintenance reliability leader and change manager. David has delivered asset management training for dozens of organizations and has invigilated the asset management certificate exam on behalf of the Institute of Asset Management.
Jason Yu, E.I.T is an Assistant Project Engineer at Metro Vancouver. He received his Bachelor of Applied Science from the University of British Columbia in Civil Engineering. Within Metro Vancouver, he works to improve the utility’s decision making and business processes. He manages the Balanced Scorecard that tracks and sets targets for customer levels of service and other key performance indicators for the Liquid Waste department. He has also implemented a stage-gate process to standardize and clarify the scope of capital projects. He has presented at the UAIM LIFT for Management Initiative, LESAM PI conference, and the WSAA/AMCV benchmarking initiative, and an Asset Management session moderator at WEFTEC. He has a certificate in Asset Management Planning from IPWEA.
Our courses are designed to be the best possible use of your valuable time – get the information you need to improve your position in the market in an interactive, dynamic format.
We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.
- You will receive a meeting invitation will include a link to join the meeting.
- Separate meeting invitations will be sent for the morning and afternoon sessions of the course.
- You will need to join the appropriate meeting at the appropriate time.
- If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
- The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.
Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ
If you are unable to attend at the scheduled date and time, we make recordings available to all registrants for three business days after the event