Lessons Learned from Recent Failures How Strategic Asset Management Can Gain Attention When Disasters Don’t Strike
Abstract:When an unthinkable catastrophic event occurs, human nature kicks in, and we immediately clamor for causes and remedies. Can recent unthinkable tragedies serve as a national wakeup call that will foster improved infrastructure management practices by utilities? Are these tragic events enough to compel local and state leaders to shift their focus to buried, aging pipes and other similar appurtenances in a sustainable way? For the foreseeable future, the locally governed structure of and responsibility for water and wastewater infrastructure falls squarely on utilities alone. However, an asset management plan, grounded on systematic principles, can have a significantly positive effect on utilities and their infrastructure challenges, and the process does not have to be an overwhelming initiative. This paper will provide utilities with basic, key elements that include a four-pronged approach requisite in any asset management program.
Document Type: Research Article
Publication date: January 1, 2008
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