The Five Core Components of Asset Management
What is your story? Asset Management tells your story in 5 chapters, the 5 core components. The resources found here will help you understand each of the five core components.
What assets do you manage, where are they, what condition are they in, what is their useful life, how much are they worth, and what is their energy use?
What level of service do you want to provide for your customers? How will you measure performance?
What is the overall business risk based on the probability and consequence of asset failure? Is there redundancy to reduce risk?
Is there a strategic plan for operating and maintaining system assets? Is a process, based on risk, in place to determine when to repair, rehabilitate, or replace assets? Are you considering energy efficiency?
Do you have funding sources to provide the capital you need for O&M, capital replacement, and energy efficiency improvements?
WEBINAR: Asset Management Core Component 5 – Long Term Funding Strategy
This was an opportunity for water systems to participate in a training event that will help the utility answer the question, “How...
DEP’s Simplified Spreadsheet for Asset Management
This spreadsheet helps a system develop a basic Asset Management Program by taking current and estimated future assets, costs, and revenue, and...
Asset Management: An Introduction
This five-page introduction covers the five core components of asset management and includes an example and further resources to help users produce...
Asset Management for Utility Boards
Safe, Clean Water. It’s Up to You! – A Utility Board Video Series. The following videos can help utility boards, city staff...
Non-Community Water Systems Asset Management Training
This Non-Community Water System Asset Management Training is recommended for both transient and non-transient systems and can be presented as a two-hour...
WEBINAR | EPA Tools for Small Public Water System Operators: Electronic Preventive Maintenance Logs
During this webinar, you will become familiar with EPA’s updated tool, “Preventive Maintenance for Small Public Water Systems Using Ground Water.” We...
Asset Management Guidance for Wastewater and Stormwater Systems
Michigan DEQ's Wastewater and Stormwater AM guidance document.
WEBINAR: Asset Management Core Component 4 – Life Cycle Costing
This was an opportunity for water systems to participate in a training event that will help the utility answer the question, “How...
Understanding Life Cycle Cost
This short video presents basic concepts about assessing the life cycle cost of assets in a water system.
Plan To Pay: Scenarios To Fund Your Capital Improvement Plan
Enter in all capital projects and this tool will project your fund balance (revenues, expenses and reserves), and necessary rate increases for...
Water And Wastewater Rates Analysis Model
Use this tool to help set water and/or wastewater rates next year by projecting the utility's expenses, revenues from rates, and fund...
Funding Sources by State or Territory
Funding sources for drinking water systems along with contact information is listed for each state and territory.
AM Kan Work – Appendix A-2
Asset condition guidance.
WEBINAR | Intermediate Asset Management: Level Up With Level of Service Goals!
Establishing level of service goals is one of the most underappreciated steps of asset management planning. Asset management allows utilities to maintain...
AM Kan Work – Appendix A-3
Remaining Useful life guidance.
WEBINAR: Asset Management Core Component 2 – Required Level of Service
This was an opportunity for water systems to participate in a training event that helped the utility answer the question, “How can...
AM Kan Work – Appendix A-5
Asset numbering guidance.
Level of Service: Guidelines, Categories, and Example Goals for Water Systems
Guidance document for water utilities defining guidelines, categories and examples for writing level of service goals.
Fulcrum App
Fulcrum is the the industry leading digital data collection app for the web, Android, and iOS. Fulcrum allows you to quickly deploy...
Water Utility Customer Satisfaction Survey
This is an example of a water utility customer satisfaction survey.
Asset Inventory Worksheet
This downloadable Excel spreadsheet is intended for rural water systems and can be used to track assets over time.
Webinar: Core Component 1
This video helps the utility answer the question, "How can we spend our limited dollars to have the greatest impact?" This webinar...
New Mexico Environment Department Introduction to Asset Management
This factsheet includes the five components of asset management and a webinar series link for each component.
Asset Management and Debt Capacity Tool
Template for asset inventory in addition to debt capacity tracking. The Asset Management Worksheet can help systems develop an asset inventory including...
Check Up Program for Small Systems (CUPSS) Asset Management Tool
CUPSS is a comprehensive application that provides tools for a system to implement an Asset Management Program and develop effective Asset Management...
AM Kan Work Criticality Guidance
Resources that can be used when determining asset criticality
Taking Stock of Your Water System: A Simple Asset Inventory for Very Small Drinking Water Systems
An extended brochure to help very small water systems (e.g. homeowners' associations and manufactured home communities) assess their condition by preparing a...
WEBINAR | Determining the Risk: Asset Management Risk Analysis Discussion and Available Tools
One of the five core components of Asset Management is to determine the criticality of each of your assets. This can be...
Asset inventory Spreadsheet
This downloadable Excel spreadsheet is intended for rural water systems and can be used to track assets over time.
Webinar: Understanding Asset Criticality
Understanding asset criticality can help a utility reduce risks by optimizing operations, planning maintenance tasks and timing, and capital improvements. This webinar...
Asset Life Expectancy Guide (fact sheet)
This one-page guide provides the approximate useful lifetime for various water system components, from disinfection equipment to service lines and hydro-pneumatic tanks.
WEBINAR: Asset Management Core Component 3 – Critical Assets
This was an opportunity for water systems to participate in a training event that helped the utility answer the question, “How can...
Water and Wastewater Utility Operation and Management for Tribes – Asset Management Overview
Training video describing Asset Management for Tribal Water and Wastewater Utility Operation and Management.
Small Community Assistance Planning (SCAP) Tool – Wastewater Assets
Eastern Research Group in conjunction with EPA R7 developed an AM Tool for use in drinking water and wastewater utilities serving micro-communities...
AM KAN Work!
A.M. Kan Work! is an asset management and energy efficiency manual sponsored by the Kansas Department of Health & Environment and prepared...
Small Community Assistance Planning (SCAP) Tool – Wastewater Assets – no macros
Eastern Research Group in conjunction with EPA R7 developed an AM Tool for use in drinking water and wastewater utilities serving micro-communities...
A Toolkit for Storm-Water Asset Management and Funding
This toolkit supports asset management in municipal storm-water programs. It includes a guidance report and worksheets that help record data on system...
Asset Management Guidance for Wastewater and Stormwater Systems and Workbook
A workbook that helps determine the level of service, budget and rate methodology, replacement expenses, capital improvement plan (CIP), and Ten-Year Budget...
VDH Asset Inventory
A simple ExcelTM spreadsheet is provided here for small systems to get started on tracking their assets. Please review the VDH Asset...
Managing Small Public Water Systems (RG-501)
A series of publications to help owners, managers, or operators of small water utilities understand and comply with rules and develop tools...
Exploring Asset Management: Key Concepts and Resources (e.g. CUPSS)
This 2011 presentation from Melissa Young discusses concepts of asset management and sustainability and introduces CUPSS as a tool for guiding the...
Managing Small Domestic Wastewater Systems (RG-530)
This guide helps owners and operators understand and comply with the rules, and develop tools to plan for, manage, and operate a...
Asset Management: The Five Core Components
This one-page diagram quickly outlines the five core components of asset management and the key questions associated with each of them.
The Basics of Financial Management for Small-Community Utilities: A Webcast on Financial Management (Part 1)
This webcast is meant to accompany the Basics of Financial Management for Small-community Utilities. Two experts in utility financial management lead the...
Setting Small Drinking Water System Rates for a Sustainable Future
This guide helps small community water systems understand the full cost of providing safe drinking water and how to set rates reflective...
Plan to Pay: Scenarios to Fund your Capital Improvement Plan
This Excel based tool allows a water system to enter future capital improvement projects and will project water system's fund balance (revenues,...
Financing Alternatives Comparison Tool (FACT)
This financial analysis tool allows wastewater and drinking water managers to assess the costs of different potential infrastructure projects.
Financial Planning: A Guide for Water and Wastewater Systems
This step-by-step guide aims to help rural utilities develop budgets, set rates and plan for the future. The document includes budget templates...
Small Community Assistance Planning (SCAP) Tool – Drinking Water Assets
Eastern Research Group in conjunction with EPA R7 developed an AM Tool for use in drinking water and wastewater utilities serving micro-communities...
Small Community Assistance Planning (SCAP) Tool – Drinking Water Assets – no macros
Eastern Research Group in conjunction with EPA R7 developed an AM Tool for use in drinking water and wastewater utilities serving micro-communities...
Small Community Assistance Planning Asset Management Tool: Guide for Tool
This guide is intended for users of the Small Community Assistance Planning (SCAP) Asset Management Tool to track either wastewater or drinking...
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 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 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: 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...