Benefits of Asset Management
There are many benefits to implementing asset management, including working more efficiently, improving knowledge management, and knowing how to use your limited finances as efficiently as possible. AM will improve work efficiency in many facets of the job. Some examples include: reducing field time, trusting your spare parts are available, and knowing which O&M tasks to do when. Knowledge management benefits your utility by allowing you to turn data and information into knowledge to improve decision making. You will also see your investments in maintenance pay off in long-term savings.
The resources provided here can help you achieve these benefits.
Resources
Integrated Asset Management Framework: Combining Green and Gray Assets
This framework is for water, wastewater and stormwater systems of any size who are interested in implementing asset management practices. The framework...
Environmental Finance Center Network: Webinars
This series of video playlists contain webinars on asset management, rate setting, and other information on water utility financing.
Asset Management 101 – U.S. EPA
This presentation covers the basics of asset management for small water and wastewater systems -- the who, what, where, when, and why.
AM 101
This presentation is a brief overview of the five core components of Asset Management and the suggested starting point to become familiar...
Asset Management: A Handbook for Small Water Systems
A STEP guide to help owners and operators of small community water systems. The guide describes the basic concepts of asset management...
Asset Management for Small Water Systems Fact Sheet (August 2019)
This fact sheet briefly describes the challenges faced by water systems and the important questions that need to be answered in an...
Asset Management Programs for Stormwater and Wastewater Systems: Overcoming Barriers to Development and Implementation
This PDF outlines the critical steps to implement Asset Management Programs at stormwater and wastewater utilities. Within the steps, case studies of...
Asset Management: A Best Practices Guide
A 4-page guide to help water system owners, managers, and operators as well as local officials, technical assistance providers, and state personnel...
Handbook on Wastewater Management Chapter 2: Asset Management and Sustainability
This textbook chapter-style guide is designed to be a reference tool for local officials, public administrators, and managers and breaks down the...
Measuring Benefits from Asset Management
In this webinar, we discussed the types of benefits that may be accrued to a system from asset management activities, ways of...
Successfully Protecting Your Investment In Drinking Water Infrastructure: Best Practices from Communities and Local Experts
Document provides examples of the benefits of asset management to help public water systems improve service and reliability, reduce risk and unexpected...
The Value of Water: What’s it Worth to You and Your Community?
An outreach brochure emphasizing the value of water infrastructure and underlining the need for further investment.