Bridging the Asset Management Gap—Narragansett Bay Commission's Asset Management Story
Abstract:The development and implementation of an asset management system is not a one step change process since asset management requires a number of conceptual and practice changes, in addition to new information technology. Often, the complexity of the effort can seem overwhelming. Fortunately, there are many very practical, common-sense approaches and methods to asset management that can be implemented effectively if one takes a logical “crawl before you walk, walk before you run” approach. As a starting point, there are a number of foundational elements that need to be in place in order to perform the sophisticated analysis and decision-making necessary to effectively apply asset management. This paper will examine the workable approach one progressive sewerage agency in Rhode Island, Narragansett Bay Commission (NBC), took in establishing its asset management program.
Document Type: Research Article
Publication date: 2006-01-01
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