A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Sustainable distribution system asset management: Risk mitigation through control point management
Asset management may be able to capture savings of 20‐30% of life‐cycle costs over time; however, for a large organization, the cultural and procedural changes required for full implementation will not occur for four to seven years. A phased risk mitigation method of control point, information, and pipeline management is a quicker and more economic approach. Utilities have emphasized determining the probability of pipe failure in order to predict the timing of replacement activities and reprioritize capital project plans by focusing on the uncontrollable part of their system (i.e., static assets, pipes). A control point management phased approach focuses on reducing costs by minimizing the consequences of pipe failure, economically assesses the condition of related pipes, and integrates control point information required to create a more practical and cost‐effective prioritization plan.
Sustainable distribution system asset management: Risk mitigation through control point management
Asset management may be able to capture savings of 20‐30% of life‐cycle costs over time; however, for a large organization, the cultural and procedural changes required for full implementation will not occur for four to seven years. A phased risk mitigation method of control point, information, and pipeline management is a quicker and more economic approach. Utilities have emphasized determining the probability of pipe failure in order to predict the timing of replacement activities and reprioritize capital project plans by focusing on the uncontrollable part of their system (i.e., static assets, pipes). A control point management phased approach focuses on reducing costs by minimizing the consequences of pipe failure, economically assesses the condition of related pipes, and integrates control point information required to create a more practical and cost‐effective prioritization plan.
Sustainable distribution system asset management: Risk mitigation through control point management
Wilson, Cliff (author)
Journal ‐ American Water Works Association ; 103 ; 100-103
2011-05-01
4 pages
Article (Journal)
Electronic Resource
English
RISK MANAGEMENT LINKED TO ASSET MANAGEMENT
| British Library Conference Proceedings | 2005
Sustainable Water Storage Tank Asset Management
| British Library Conference Proceedings | 2013
INTEGRATION OF RISK AND ASSET MANAGEMENT FOR SUSTAINABLE MANAGEMENT OF EUROPEAN COASTAL ZONES
| British Library Conference Proceedings | 2007