Asset Management for Water Utilities

Asset Management for Water Utilities

September 15-16, 2021 | 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.

Learning Outcomes

  • 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



Wednesday, September 15, 2021 – Central Time

8:45 – 9:00 a.m.
Log In and Welcome

12:00 – 12:30 p.m.
Lunch Break

9:00 a.m. – 4:00 p.m.
Course Timing

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, September 16, 2021 : Central Time

8:45 – 9:00 a.m.
Log In and Welcome

12:00 – 12:30 p.m.
Lunch Break

9:00 a.m. – 4:00 p.m.
Course Timing

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 Albrice, Director, AIM Asset Insight Management Ltd

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, Assistant Project Engineer, Metro Vancouver

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.

Online Delivery

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.

  • IMPORTANT NOTE: After November 30 you will not be able to join a Teams meeting using Internet Explorer 11. Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
  • 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

Event Standard RateAttendees
Single Connection - Asset Management for Water UtilitiesUS $ 1295.00
Pack of 5 connectionsUS $ 5,180.00
Pack of 10 ConnectionsUS $ 9,065.00
Pack of 20 ConnectionsUS $ 15,540.00
Call us at 303.770.8800 if you have any specific questions on the volume discounts
* all other discounts do not apply to license packs

This event has the following related events:

Establishing an Asset Management System (AMS) for Water and Wastewater Utilities with ISO 55000US $ 795.00
Pack of 5 connectionsUS $ 3,180.00
Pack of 10 ConnectionsUS $ 5,565.00
Pack of 20 ConnectionsUS $ 9,540.00

By registering I indicate I agree with EUCI's privacy policy and understand I may receive emailed reports, articles, event invitations and other information related to products and services from EUCI and any of our business partners. I understand I may unsubscribe at any time by clicking the link included in emails.

Take advantage of these discounts!

  • Attend the Course and Establishing an Asset Management System (AMS) for Water and Wastewater Utilities with ISO 55000 and pay US $ 1,995.00 per attendee (save US $ 95.00 each)

Cancellation Policy

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before August 13, 2021 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

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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 1.2 CEUs for this event.

Requirements for Successful Completion of Program

Participants must login each day, be in attendance for the entirety of the course.

Instructional Methods

Power Point presentations, open discussion, examples