Skip to main content

Developing and Implementing Waterways and Watershed Asset Management Program

Buy Article:

$9.50 plus tax (Refund Policy)

Or sign up for a free trial

An Asset Management program can be used to monitor the condition of each asset with respect to its level of service, manage the preventive and corrective maintenance, and manage the risks. For waterways and watersheds, it is necessary to involve a multi-disciplinary team of biologists, engineers, scientists, operations specialists and management consultants to identify the different levels of service for the asset and identify the relevant attributes that would allow the team to measure the probability of failure of the asset to satisfy the levels of service. The levels of service can be for water supply, water utility and watershed operations.

To enable analysis of assets by geographic location and asset categories, it is necessary to create an asset register which is a database of assets. It requires a unique ID to be created for each asset that describes the geographic location of the asset based on its position within an asset hierarchy and the type of asset. The register also contains the set of attributes that can describe the condition of the asset.

One important facet of the asset management program is a recognition that of consequence of failure (COF). COF is a concept based on the recognition that not all assets with the same probability of failure (based on the imminent failure mode) pose the same consequence of failure or potential liability. The COF analysis is based on social (public safety), economic (liability) and environmental (habitat) obligations. Each of the three categories are weighted equally (score of 1 to 5 for each category, totaling a maximum of 15), thereby avoiding bias created by overweighting ecological parameters or ignoring ecological parameters. The probability of failure, POF (on a 1 to 5 scale) measures where an asset is with respect to its anticipated remaining life. It is integrated with the total COF score to determine the assets business risk exposure (BRE). The BRE score is defined as the POF × COF.

A BRE threshold can be established to manage the assets. In this instance, the strategy was based on maintaining assets to a BRE threshold of 40. Corrective and maintenance is to be conducted on assets that exceed this threshold. Preventive maintenance is conducted on those assets whose BRE would exceed 40 unless the periodic maintenance was conducted. Where multiple management strategies can be developed for an asset, the life cycle cost was analyzed to determine the strategy with the lowest life cycle cost. The time period for life cycle analysis has to include one replacement or rehabilitation. For natural assets that have an infinite life, the life cycle was extended up to 100 years. The financial strategy was developed to manage assets to a certain risk (BRE threshold) and operate with the lowest life cycle cost across the watershed.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Data/Media
No Metrics

Keywords: Asset Management; constructed; risk; utilities; natural; watersheds; waterways

Document Type: Research Article

Publication date: 2009-01-01

More about this publication?
  • Proceedings of the Water Environment Federation is an archive of papers published in the proceedings of the annual Water Environment Federation® Technical Exhibition and Conference (WEFTEC® ) and specialty conferences held since the year 2000. These proceedings are not peer reviewed.

    A subscription to the Proceedings of the Water Environment Federation includes access to most papers presented at the annual WEF Technical Exhibition and Conference (WEFTEC) and other conferences held since 2000. Subscription access begins 12 months after the event and is valid for 12 months from month of purchase. A subscription to the Proceedings of the Water Environment Federation is included in Water Environment Federation (WEF) membership.

    WEF Members: Sign in (right panel) with your IngentaConnect user name and password to receive complimentary access. Access begins 12 months after the conference or event
  • Subscribe to this Title
  • Membership Information
  • About WEF Proceedings
  • WEFTEC Conference Information
  • Learn about the many other WEF member benefits and join today
  • Ingenta Connect is not responsible for the content or availability of external websites
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more