DEVELOPING A TOTAL ENTERPRISE ASSET MANAGEMENT PLAN FOR RIVERSIDE SEWERAGE
The ratepayers of Riverside City and the adjoining community service districts of Jurupa, Rubidoux and Edgemont, are benefiting from recent strategic planning undertaken for their sewerage services.
The Riverside City Sewer Enterprise (RCSE) employs approximately 100 full-time staff with a budget of close to 30M per annum and serving a population exceeding 280,000. The RCSE manages sewerage infrastructure assets with a total replacement cost estimated to be nearly 700 million. To assist in effective management of its assets, RCSE required a process that would:
provide a systematic blueprint for future planning and management;
allow a shared corporate knowledge of relevant issues and agreed, integrated strategies to address technical, environmental, managerial and financial issues;
enable the development of agreed strategies for managing the potential risks and liabilities, such as ageing infrastructure and its financial and service level impacts;
provide a logical and defensible basis for making planning and management decisions;
be a core tool for sustained and improved service delivery; and
allow continuous improvement in strategic asset management processes.
The output of the process was a Total Enterprise Asset Management Plan. It was considered that addressing asset management as a “stand-alone” process may not provide the optimal benefits for the organisation. Asset management needs to integrate into the organisation's processes for service delivery. In addition, asset management needs to address the full asset life-cycle, rather than focus on asset maintenance and renewals.
Document Type: Research Article
Publication date: 2005-01-01
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