Research Priorities for Successful Asset Management: A Workshop

WERF convened a workshop on March 21–22, 2002, for the purpose of characterizing the spectrum of asset management programs across public water and wastewater utilities and recommending a research agenda to promote the next generation of tools for reducing risk and improving competitiveness.

WERF's goals for the workshop were to:

• Survey, examine, and document effective asset management approaches.

• Construct a view of the state of implementation of asset management and identify barriers to more broad-based implementation.

• Pinpoint where improved tools and technical approaches could enhance decision making, confidence, efficiency, communication, and results.

• Determine and distinguish differences between large and small utilities' approaches to asset management.

• Prepare a prioritized list of research initiatives to address the industry needs and develop a conceptual scope and budget for these research projects.

A recent WERF Subscriber Survey supports the view that asset management is a priority issue for utilities. Utility respondents ranked asset management 5th among 20 categories by priority, and sixty percent of respondents gave asset management a priority ranking of 1 or 2.

This title belongs to WERF Research Report Series

ISBN: 9781843396598 (Print)

ISBN: 9781780403113 (eBook)