Asset Management Key Concepts

Transcription

1 Asset Management Key Concepts Ohio AWWA AM Committee Workshop March 21, 2018

2 5 Key Questions of Asset Management What assets do you own and what is their current condition? How do you define what an asset is Where are these assets located How do these assets relate to each other Where are your assets in their lifecycle What are my required levels of service? What are your customer expectations How do you track the performance of your assets What is the risk of your assets? What are the consequences and probability of your assets failing What are your most critical assets What Maintenance and Capital strategies are being done? What maintenance strategies do you have in place to manage your assets Is maintenance being performed at the correct level and interval What capital strategies do you have to rehabilitate and repair your system What funds are needed to maintain your system? 2 What operational, maintenance and capital funds are needed for the long-term

3 EPA s 10-Step Approach for AMPs 3

4 Asset Management addresses costs, risks and service delivery of the entire asset lifecycle An integrated set of processes established to minimize the total lifecycle costs of owning, operating and maintaining physical assets, at an acceptable level of risk, while continuously delivering established levels of service in a sustainable manner. Acceptable Risk Lifecycle Costs Service Levels Balance conflicting goals by managing risk 4

5 Asset Lifecycle 6

6 Asset Management Key Technical Components Asset Inventory Condition Assessment Risk Assessment Service Levels & Metrics Maintenance Best Practices Established Capital and O&M needs Prioritized Capital Improvement Plan Long-term Funding Plan Emergency Plan Asset Management Plan 7

7 Establish what assets that you own Define an asset System Sustainable process Location Identify key attribute data Establishes lowest level for data reporting Asset Hierarchy Roll up asset costs Group assets serving a similar function Process Area Water Lines: <=8" Sub-Process Water System Piping Nomenclature and Diameter Ranges Neighborhood Mains: >8" <18" Transmission Mains: >=18" Treatment Asset Component System Location Process Area Sub-Process Area Asset Type Service Water Lines Neighborhood Mains Transmission Mains Storage 8

8 Basic Condition Assessment Process Establish a consistent condition assessment template for your system Identify high risk processes for detailed condition assessment Perform field condition assessment Submit corrective maintenance items to maintenance supervisor Update your asset register with new condition data Repeat process for the next cycle 9

9 Determine the Risk of your Assets Risk = (Consequence x Probability) How severe are the consequences of asset failure? How likely is it for the asset to fail? Service Levels Financial impact Public Health and Confidence Environmental Impact Social Impact Condition O&M History Performance Remaining Useful Life 10

10 Understanding Levels of Service & Metrics LOS Levels of Service KPIs Key Performance Indicators Communicates objectives and performance to customers and external stakeholders Communicates performance and impacts to internal management and staff Performance Metrics Used to analyze data, make decisions and adjustments to operations and maintenance staff 11

11 Maintenance Strategies 12

12 Use Risk and other key criteria to help Prioritize Capital Projects Capital Projects 13

13 Project Prioritization develops framework for Capital Improvement plans Cumulative Project Costs Ordered by Project Total Benefit Score Cumulative Capital Costs Capital Projects 14

14 Understand the long-term financial needs for your system $1,000 Water - Projected Annual Typical Residential Bill $900 Annual Typical Residential Bill $800 $700 $600 $500 $ Water - All Debt Water - 70% Debt, 30% PayGo Water - 80% Debt, 20% PayGo Water - Current Spending 15

15 What is the purpose of the AMP? Describe the current state of the assets Documents the activities to be implemented and the resources needed to meet your objectives An Asset Management Plan can be developed to address: Individual assets Asset groups/systems Link the AM strategy to the work Asset portfolio on the ground Identify planned actions and activities to ensure the assets are providing the expected service levels Support funding requirements and provide input to longterm financial plans 16

16 AM Resources 17

17 Ohio AWWA Asset Management Committee Webpage 18

18 Ohio AWWA Asset Management Committee Webpage 19

19 Ohio AWWA Asset Management Committee Webpage Past Presentations 20

20 Ohio AWWA Asset Management Committee Webpage Past Presentations 21

21 Ohio AWWA Asset Management Committee Webpage AM Resources 22

22 Ohio AWWA Asset Management Committee Webpage AM Resources AWWA Asset Management Resource Community USEPA Asset Management for Water and Wastewater Utilities Ohio EPA Public Water Systems Asset Management Resources WERF SIMPLE Sustainable Infrastructure Management Program Learning Environment ISO International Asset Management Standard 23 IAM The Institute of Asset Management

23 Questions? 24

24 Thank You! Jamie Decker Asset Management & Reliability Project Manager