<fc>Risk‐Based Long‐Term</fc> Renewal Planning and Budget Forecasting for Aging Pipelines: Fid-Bau Portal

Risk‐Based Long‐Term Renewal Planning and Budget Forecasting for Aging Pipelines

Chakraborti, Rajat K. / Green, Jonathan M. / Hollander, Maria C. / Erichsen, George A. / Hogan, Edward F. / Kaur, Jagjit / Lopezcalva, Enrique / Santucci, Miranda

Abstract

Strategic planning for pipe renewal and replacement (R&R) is key to saving money, maintaining high‐quality service to customers, and preventing catastrophic infrastructure failures.

A proactive capital improvement plan involves condition assessment, risk analysis, project prioritization, and creation of an R&R schedule, giving priority to pipes most in need.

Scenario analysis using a powerful simulation model provides a systemwide forecast that is instrumental in planning, budgeting, and making the most of utility assets.

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Risk‐Based Long‐Term Renewal Planning and Budget Forecasting for Aging Pipelines

Chakraborti, Rajat K. / Green, Jonathan M. / Hollander, Maria C. / Erichsen, George A. / Hogan, Edward F. / Kaur, Jagjit / Lopezcalva, Enrique / Santucci, Miranda

Abstract

Strategic planning for pipe renewal and replacement (R&R) is key to saving money, maintaining high‐quality service to customers, and preventing catastrophic infrastructure failures.

A proactive capital improvement plan involves condition assessment, risk analysis, project prioritization, and creation of an R&R schedule, giving priority to pipes most in need.

Scenario analysis using a powerful simulation model provides a systemwide forecast that is instrumental in planning, budgeting, and making the most of utility assets.

Risk‐Based Long‐Term Renewal Planning and Budget Forecasting for Aging Pipelines

Chakraborti, Rajat K. / Green, Jonathan M. / Hollander, Maria C. / Erichsen, George A. / Hogan, Edward F. / Kaur, Jagjit / Lopezcalva, Enrique / Santucci, Miranda

Abstract

Strategic planning for pipe renewal and replacement (R&R) is key to saving money, maintaining high‐quality service to customers, and preventing catastrophic infrastructure failures.

A proactive capital improvement plan involves condition assessment, risk analysis, project prioritization, and creation of an R&R schedule, giving priority to pipes most in need.

Scenario analysis using a powerful simulation model provides a systemwide forecast that is instrumental in planning, budgeting, and making the most of utility assets.