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Municipal Wastewater Asset Prioritization Using Hierarchical Decision Modeling
Hierarchical decision modeling (HDM) has been developed as a decision-making tool across multiple industries in a wide variety of applications. This paper presents the development of HDM as a tool to be used as an asset prioritization method in the municipal wastewater industry while providing a manual for other agencies to develop a model customized to their particular systems' needs and capabilities. By converting a rudimentary risk-impact matrix, integrating expert feedback across two teams and a manager, and following the guidance of the established problem statement, an effective asset prioritization tool was developed as a means to accurately and consistently score and rank assets according to their priority for consideration for repair or replacement. Following development, a simulation was performed to validate the effectiveness of the tool by comparing it against the experience and expertise of the current decision maker.
Municipal Wastewater Asset Prioritization Using Hierarchical Decision Modeling
Hierarchical decision modeling (HDM) has been developed as a decision-making tool across multiple industries in a wide variety of applications. This paper presents the development of HDM as a tool to be used as an asset prioritization method in the municipal wastewater industry while providing a manual for other agencies to develop a model customized to their particular systems' needs and capabilities. By converting a rudimentary risk-impact matrix, integrating expert feedback across two teams and a manager, and following the guidance of the established problem statement, an effective asset prioritization tool was developed as a means to accurately and consistently score and rank assets according to their priority for consideration for repair or replacement. Following development, a simulation was performed to validate the effectiveness of the tool by comparing it against the experience and expertise of the current decision maker.
Municipal Wastewater Asset Prioritization Using Hierarchical Decision Modeling
Provenzola, Jeremiah (author) / McGraw, Sean (author) / Nour, Alaa (author) / Bregaj, Nertila (author) / Pizarro, Melinda (author) / Chaichi, Nina (author)
Pipelines 2014 ; 2014 ; Portland, Oregon
Pipelines 2014 ; 1761-1771
2014-07-30
Conference paper
Electronic Resource
English
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