Master plan developers must recognize participants may have vested positions. The goal is not to eliminate divisions, but to foster understanding and leave room for negotiation. This calls for nuance and sequencing.

Context matters in most things, and especially when evaluating reliability and dependability.

Everyone shouldn't hesitate when you ask the simple question, "Who owns the data?"

According to Google, these are the top six topics we published in the last five years that are surging.

This virtual session will provide inside approaches and tips on how to get the facilities and infrastructure budgets that you need.

Here are five significant challenges that asset management of facilities and infrastructure will likely face over the next five years.

We looked at our top four solutions over the past four years. These are not necessarily the largest assignments or the most complex....

History often frames the way we do things in the present and future. Asset management is no exception. Understanding asset management...

Project management software has many advantages over using spreadsheets for managing capital projects. These advantages are most powerful...

Condition assessments require judgment. A typical practice is to disaggregate the evaluation of each asset into a handful of attributes...

USEPA’s recently released memorandum interprets existing regulations requiring state oversight of public water systems' cybersecurity...

Monte Carlo Analysis Provides Analytical and Communication Value When Complexity and Uncertainty Are High Monte Carlo analysis or Monte Carlo simulation is a technique used for forecasting that considers uncertainty and variability. As an analytical tool, Monte Carlo analysis forces the project development process to incorporate wider thinking and minimize biases. As a communication tool, Monte Carlo analysis is powerful in showing the probabilities and possibilities and iden

Obsolescence is a driving force behind the decisions to renew or replace assets. However, most asset management programs wait until after...

Monte Carlo analysis de-emphasizes extreme events, which are usually the things that cause major projects and capital program to fail. Monte Carlo analysis has some key limitations that make the technique a major cause of concern for new project development. This article discusses four contradictions that every organization should be aware (and beware) when developing new capital programs. A balanced approach using qualitative and quantitative techniques is advised. Caveats O

I take these three tools to every asset management condition assessment I am a part of. Of course, the tools, techniques, and methods of...

In 2023, some things remain the same when it comes to owning and operating a viable water utility. Other things have significantly and...

Asset managers often go to the field to view their equipment, collect missing asset data, or support condition assessments. We recently...

Four basic things to improve project milestone reviews Autopsies and Improving the Dreaded Project Milestone Review provides insights and...

I love data as a reliability engineer. In fact, I consume data like food – and I have a big appetite. The hardest thing to do is to push...

Are you drowning in the many activities related to what to do in your asset management program? Are you spending valuable resources and...