Criticality
Over time, assets fail. Maintaining, rehabilitating and replacing assets before they fail usually saves money. But how do you decide what to spend money on and when to spend it? You must determine which assets are the most critical. To do that you must determine how likely it is that an asset will fail and, if it does fail, what are the consequences. These resources can help you identify your most critical assets for sustained operations.
Resources
AM Kan Work Criticality Guidance
Resources that can be used when determining asset criticality
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...
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...
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...