{"id":6887,"date":"2021-03-11T15:53:41","date_gmt":"2021-03-11T15:53:41","guid":{"rendered":"https:\/\/swefc.unm.edu\/iamf\/?page_id=6887"},"modified":"2026-05-01T19:11:18","modified_gmt":"2026-05-01T19:11:18","slug":"life-cycle-costing-risk-based-decision-making-operations-maintenance","status":"publish","type":"page","link":"https:\/\/swefc.unm.edu\/iamf\/life-cycle-costing-risk-based-decision-making-operations-maintenance\/","title":{"rendered":"Life Cycle Costing \/ Risk Based Decision Making \/ Operations & Maintenance"},"content":{"rendered":"

[et_pb_section fb_built=”1″ custom_padding_last_edited=”on|tablet” _builder_version=”4.16″ _module_preset=”default” positioning=”none” horizontal_offset_tablet=”” horizontal_offset_phone=”” horizontal_offset_last_edited=”on|tablet” custom_margin=”0px||||false|false” custom_margin_tablet=”” custom_margin_phone=”” custom_margin_last_edited=”on|desktop” custom_padding=”0px|||0px|false|false” custom_padding_tablet=”|||25px|false|false” custom_padding_phone=”” da_disable_devices=”off|off|off” global_colors_info=”{}” custom_padding__hover_enabled=”on|desktop” theme_builder_area=”post_content” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on” custom_padding__hover=”0px|||0px|false|false”][et_pb_row _builder_version=”4.16″ _module_preset=”default” width=”100%” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” custom_padding=”||7px|||” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” text_font_size=”16px” sticky_enabled=”0″]<\/p>\n

Operations & Maintenance<\/h1>\n

<\/span><\/span><\/p>\n

The type of maintenance performed on an asset and the associated investment from the\u00a0<\/span><\/span><\/span>maintenance budget can be guided by the asset\u2019s risk.<\/span><\/span>\u00a0<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” background_color=”rgba(217,217,217,0.6)” width=”100%” border_radii=”on|25px|25px|25px|25px” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” custom_padding=”25px|25px|25px|25px|true|true” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″ text_font_size=”16px”]<\/p>\n

\"\"<\/span><\/p>\n

Routine or Planned Maintenance<\/span> \u2013<\/span>\u00a0<\/span>regularly scheduled maintenance, completed on a calendar or use base schedule.\u00a0Routine maintenance dollars\u00a0spending is\u00a0fairly evenly\u00a0spread across the asset inventory with a slight weighting toward the high-risk assets. An\u00a0example of how the budget can be divided amongst the four quadrants is discussed below. Data on the assets can lead to adjustments in the share of assets per quadrant to ensure funds for routine maintenance are spent efficiently.\u00a0<\/span>\u00a0<\/span><\/p>\n

This chart shows an option for how to dedicate budget percentages to assets receiving routine\u00a0or planned maintenance.\u00a0In this example, low-risk assets receive about 20% of the budget.\u00a0Moderate-risk assets that have lower probability, but higher consequence, 25% of the budget. Moderate-risk assets that have higher probability, but lower consequence, 25% of the budget.\u00a0High-risk assets, 30% of the budget.\u00a0It is important for your utility to evaluate how many and which assets are in each part of the\u00a0chart.<\/span>\u00a0<\/span><\/p>\n

There are some assets that will receive\u00a0little\u00a0to no routine maintenance. These assets\u00a0include:\u00a0assets\u00a0for which routine maintenance is not\u00a0possible or necessary to keep the asset in working order,\u00a0assets\u00a0being run to failure,\u00a0assets\u00a0already scheduled for replacement\u00a0soon,\u00a0assets\u00a0replaced based on a pre-determined schedule or volume\u00a0for which\u00a0routine maintenance is not necessary to enable the asset to last that long.\u00a0Examples\u00a0of assets that\u00a0might\u00a0receive little to no maintenance\u00a0includes\u00a0small diameter water lines, water meters,\u00a0utility access hole\u00a0covers, or sump pumps that are constantly underwater.<\/span>\u00a0<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” background_color=”rgba(217,217,217,0.6)” width=”100%” custom_margin=”25px||||false|false” border_radii=”on|25px|25px|25px|25px” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” custom_padding=”25px|25px|25px|25px|true|true” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″ text_font_size=”16px”]<\/p>\n

\"\"<\/span><\/p>\n

Predictive Maintenance<\/span>\u00a0\u2013 condition monitoring used to predict when asset failure will occur.<\/span>\u00a0<\/span><\/p>\n

Predictive maintenance is costly and cannot be completed for every type of asset. Therefore, it should be used selectively. An example of how the budget can be divided amongst the four quadrants is discussed below. Data on the assets can lead to adjustments in the share of assets per quadrant to ensure that funds for routine maintenance are spent efficiently.<\/span>\u00a0<\/span><\/p>\n

This chart shows an option for how to dedicate budget percentages to assets receiving\u00a0predictive maintenance. In this example, low-risk assets\u00a0may be ideal for a run-to-failure approach and\u00a0not have any predictive maintenance completed.\u00a0Moderate-risk assets that have lower probability, but higher consequence, 20% of the budget. Moderate-risk assets that have higher probability, but lower consequence, 5% of the budget. High-risk assets, 75% of the budget.\u00a0It is important for your utility to evaluate how many and which assets are in each part of the chart.<\/span>\u00a0<\/span><\/p>\n

It is not cost-effective to perform\u00a0this type of\u00a0maintenance\u00a0on assets that are\u00a0of\u00a0low consequence. In these cases, the benefit\u00a0of the information\u00a0(knowing\u00a0a better time to replace the asset before failure)\u00a0is\u00a0not worth the cost,\u00a0because asset failures do not need to be prevented.<\/span>\u00a0<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” background_color=”rgba(217,217,217,0.6)” width=”100%” custom_margin=”25px||||false|false” border_radii=”on|25px|25px|25px|25px” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.27.6″ _module_preset=”default” custom_padding=”25px|25px|25px|25px|true|true” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″ text_font_size=”16px”]<\/p>\n

\"\"<\/span><\/p>\n

Preventive Maintenance<\/span>\u00a0<\/span>\u2013 conducted to\u00a0maintain\u00a0operating\u00a0condition\u00a0and slow deterioration.<\/span>\u00a0<\/span><\/p>\n

Since preventive maintenance is conducted to prevent failure, it should\u00a0focus\u00a0on those assets with a higher probability of failure. An example of how the budget can be divided amongst the four quadrants is discussed below. Data on the assets can lead to adjustments in the share of assets per quadrant to ensure that funds for routine maintenance are spent efficiently.<\/span>\u00a0<\/span><\/p>\n

This chart shows an option for how to dedicate budget percentages to assets receiving preventative maintenance.\u00a0In this example, low-risk assets\u00a0could\u00a0receive about 10% of the budget.\u00a0Moderate-risk assets that have lower probability, but higher consequence, 20% of the budget.\u00a0Moderate-risk assets that have higher probability, but lower consequence, 30% of the budget.\u00a0High-risk assets, 40% of the budget. The preventive maintenance can keep an asset that\u00a0is\u00a0showing\u00a0signs of failure from moving into functional failure or from functional failure to catastrophic failure.\u00a0It is important for your utility to evaluate how many and which assets are in each part of the chart.<\/span>\u00a0<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

Operations & Maintenance The type of maintenance performed on an asset and the associated investment from the\u00a0maintenance budget can be guided by the asset\u2019s risk.\u00a0 Routine or Planned Maintenance \u2013\u00a0regularly scheduled maintenance, completed on a calendar or use base schedule.\u00a0Routine maintenance dollars\u00a0spending is\u00a0fairly evenly\u00a0spread across the asset inventory with a slight weighting toward the high-risk assets. An\u00a0example of how the budget can be divided amongst the four quadrants is discussed below. Data on the assets can lead to adjustments in the share of assets per quadrant to ensure funds for routine maintenance are spent efficiently.\u00a0\u00a0 This chart shows an option for how to dedicate budget percentages to assets receiving routine\u00a0or planned maintenance.\u00a0In this example, low-risk assets receive about 20% of the budget.\u00a0Moderate-risk assets that have lower probability, but higher consequence, 25% of the budget. Moderate-risk assets that have higher probability, but lower consequence, 25% of the budget.\u00a0High-risk assets, 30% of the budget.\u00a0It is important for your utility to evaluate how many and which assets are in each part of the\u00a0chart.\u00a0 There are some assets that will receive\u00a0little\u00a0to no routine maintenance. These assets\u00a0include:\u00a0assets\u00a0for which routine maintenance is not\u00a0possible or necessary to keep the asset in working order,\u00a0assets\u00a0being run to failure,\u00a0assets\u00a0already scheduled […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-6887","page","type-page","status-publish","hentry"],"yoast_head":"\nLife Cycle Costing \/ Risk Based Decision Making \/ Operations & Maintenance - Integrated Asset Management Framework<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/swefc.unm.edu\/iamf\/life-cycle-costing-risk-based-decision-making-operations-maintenance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Life Cycle Costing \/ Risk Based Decision Making \/ Operations & Maintenance - Integrated Asset Management Framework\" \/>\n<meta property=\"og:description\" content=\"Operations & Maintenance The type of maintenance performed on an asset and the associated investment from the\u00a0maintenance budget can be guided by the asset\u2019s risk.\u00a0 Routine or Planned Maintenance \u2013\u00a0regularly scheduled maintenance, completed on a calendar or use base schedule.\u00a0Routine maintenance dollars\u00a0spending is\u00a0fairly evenly\u00a0spread across the asset inventory with a slight weighting toward the high-risk assets. An\u00a0example of how the budget can be divided amongst the four quadrants is discussed below. Data on the assets can lead to adjustments in the share of assets per quadrant to ensure funds for routine maintenance are spent efficiently.\u00a0\u00a0 This chart shows an option for how to dedicate budget percentages to assets receiving routine\u00a0or planned maintenance.\u00a0In this example, low-risk assets receive about 20% of the budget.\u00a0Moderate-risk assets that have lower probability, but higher consequence, 25% of the budget. Moderate-risk assets that have higher probability, but lower consequence, 25% of the budget.\u00a0High-risk assets, 30% of the budget.\u00a0It is important for your utility to evaluate how many and which assets are in each part of the\u00a0chart.\u00a0 There are some assets that will receive\u00a0little\u00a0to no routine maintenance. 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