Asset Management for Water Utilities

February 5-6, 2025 | Online :: Central Time

0225-water-asset-management

“The level of expertise and knowledge displayed is top notch. Great place to gain a thorough overview of what Asset Management is all about.” – Warehouse Supervisor, IEUA

“The Asset Management for Water Utilities instructional course is a very good grounding for persons starting on their asset management journey, it can assist in giving an organization common ground amongst colleagues so that all can speak the same language.” – Asset Manager, Clark County Water Reclamation District

“It’s a firehose of information but all great information that I’ll still be absorbing over the next few weeks. I have a lot of ideas for how to improve our Asset Management activities for years to come.” – Director, Planning & Resource Management, Union County

“This course exceeded my expectations. It helped to get me thinking about how to setup the broader, more strategic pieces of our asset management program as well as how to connect strategy with operations. I highly recommend this course for anyone who is interested in asset management or who is responsible for asset management planning in their organization.” – Senior Business Process Analyst, City of Garland

This introductory course to asset management for water utility professionals takes the participants on a visually engaging journey through the broad landscape of asset management concepts. A series of interactive exercises will demonstrate how the concepts are applied into practice in a way that will help Water and Wastewater Utilities design strategies to realize value from their assets. Using industry best practices, participants will learn how to plan around risks, develop asset health and condition metrics, manage asset lifecycles strategies, engage stakeholders through Levels of Service and make optimized trade-offs in a context of financial constraints, aging systems, changing regulations, and growth.

This course has been updated with the latest industry trends in big data, artificial intelligence, and machine learning. These advancements in data science are significantly enhancing asset health modeling and financial forecasting for asset owners, managers, and operators. Each module ends with a brief, engaging exercise designed to show how the theoretical principles and concepts can be practically applied to real-world situations.

Learning Outcomes

• Explain what Asset Management is and the benefits it has to a Water and Wastewater organization
• Describe the differences between a policy, a strategy and a plan
• Appreciate the importance of a “Line of Sight” across the different level of an organization and across the different service areas
• List some of the global standards for asset management and describe how each of them can be useful
• Analyze risk events using an industry accepted methodology (e.g. water quality dechlorination events, breaches in operating certificate)
• Identify some of the barriers to the effective operationalization of asset management within an organization
• Describe the key protocols associated with operating and maintaining assets and how these can extend asset life (e.g. water treatment plants, reservoirs, pump stations, pipes)
• Explain how an asset hierarchy is typically developed and applied
• Review examples of how Asset Management helps with financial planning and decision making
• Describe a framework for good practice Capital Investment Planning using asset management principles

 

Wednesday, February 5, 2025 : Central Time

9:00 – 10:00 a.m. :: Introduction to Asset Management: Part 1

• History of asset management
• Asset management standards
• Core principles of ISO 55001
• Asset management frameworks

10:00 – 10:30 a.m. :: Morning Break

10:30 a.m. – 12:00 p.m. :: Introduction to Asset Management: Part 2

• Policy, strategy, and Asset Management Plans (AMP)
• Organizational maturity levels
• The asset management journey and roadmaps

12:00 – 12:30 p.m. :: Lunch Break

12:30 – 2:00 p.m. :: Water Asset Information 

• Asset hierarchies and data attributes
• Asset information strategies
• Big data and machine learning

2:00 – 4:00 p.m. :: Water Asset Risk

• Identifying risks
• Assessing risks
• Treating risks
• Asset criticality modeling

4:00 p.m. :: Wrap Up and Adjourn

 

Thursday, February 6, 2025 : Central Time

9:00 – 11:00 a.m. :: Water Asset Condition

• Asset health and performance metrics
• Age-based condition versus evidence-based condition
• Interactive dashboards on asset condition reporting

11:00 a.m. – 12:00 p.m. :: Water Asset Lifecycle: Part 1

• Stages in the asset lifecycle
• Programs to manage assets through their life cycles
• Strategies for optimized maintenance of assets

12:00 – 12:30 p.m. :: Lunch Break

12:30 – 1:30 p.m. :: Water Asset Lifecycle: Part 2

• Leading & lagging indicators of asset failure
• Asset replacement strategies

1:30 – 2:30 p.m. :: Levels of Service

• Stakeholder mapping
• KPs, metrics and measures
• Performance measurement

2:30 – 3:15 p.m. :: Financial Strategies

• Operating budgets, capital budgets and whole life costs
• Calculating the infrastructure gap
• Asset lifecycle reinvestment

3:15 – 4:00 p.m. :: People and Continuous Improvement

• Organizational structure and culture
• Governance models and resourcing
• Process mapping and process improvements

4:00 p.m. :: Wrap Up and Adjourn

David Albrice, Director, AIM Asset Insight Management Ltd

David has over 25 years experience in asset management in both the public and private sectors, having provided services for a wide variety of organizations including water utilities, municipalities, airports and rail networks. He has a degree in Urban & Regional Planning and is a certified financial reserve analyst, a certified ISO 55001 asset management assessor, a certified maintenance reliability leader and change manager. David has delivered asset management training for dozens of organizations and has invigilated the asset management certificate exam on behalf of the Institute of Asset Management.

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

• Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
• You will receive a separate email with a unique link to a personalized landing page which will include links to join all sessions of this event.
• If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
• The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all attendees for 7 days after the event

REGISTER NOW FOR THIS EVENT:

Asset Management for Water Utilities

February 5-6, 2025 | Online

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before January 05, 2025 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

Credits

EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.

EUCI is authorized by IACET to offer 1.3 CEUs for this event.

Verify our IACET accreditation

Who recognizes IACET Credits?

Requirements for Successful Completion of Program

Participants must login each day, be in attendance for the entirety of the course.

Instructional Methods

Power Point presentations, open discussion, examples

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Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

Course CPE Credits: 15.0
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None

EUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org