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  • SIMPLE - How to use SIMPLE
    Asset Management Help Me Project Background How to use SIMPLE How do I navigate Printing Common Problems User Feedback What is SIMPLE Getting Started Pathways to Asset Management Effective Implementation Asset Management for Small Utilities Interactive Training Practitioner Contents GASB 34 The 10 Steps to Asset Management Asset Management Guidelines Develop an Improvement Plan Reports Case Studies SAM Practitioner Tools Contents How to use SIMPLE This topic covers the following

    Original URL path: http://simple.werf.org/CMSPages/PortalTemplate.aspx?aliaspath=%2fBooks%2fContents%2fHow-to-use-SIMPLE (2016-05-01)
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  • SIMPLE - What is Asset Management?
    and constant revision of an asset management plan which is a dynamic strategic framework similar to the agency s budget The Total Asset Management Plan in turn drives two things Specific projects with declared objectives resources and timelines that are intended to change or strengthen organizational processes or to solve asset related problems The annual CIP and operating budget This framework is shown below 3 A Five Core Management Questions View Successful management can be said to start with asking the right questions Only by starting with the right questions can we efficiently find good answers Asset management s tool bag is comprised of literally hundreds of techniques This view poses five core questions that all managers of assets should be constantly confronting with their management teams The questions help impose order on the extensive tool bag of techniques assisting the manager to select the relevant processes and practices that help manage the assets The five core questions and their associated techniques are shown below This view is developed extensively in a wastewater module in Interactive Training Core Questions Associated Technique Output 1 What is the current state of my assets What do I own Where is it What condition is it in What is its remaining useful life What is its economic value Asset registry inventory Data standards asset hierarchy System maps Delphi approach to locating other sources of data Process diagrams Handover procedures Condition analysis Condition rating Valuation techniques Optimized renewal replacement cost tables 2 What is my required sustained Level of Service What is the demand for my services from my stakeholders What do regulators require What is my actual performance Customer demand analysis Regulatory requirements analysis Level of service statements LOS roll up hierarchy Balanced scorecard Asset functionality statements AM Charter 3 Which of my assets are critical for sustained performance How do my assets fail How can they fail What is the likelihood of failure What does it cost to repair What are the consequences of failure Failure analysis root cause analysis failure mode effects and criticality analysis reliability centered analysis Risk consequence analysis Asset list by criticality code Failure codes Probability of failure Business risk exposure Asset functionality statements Asset decay curves Asset unit level management plans and guidelines Asset knowledge 4 What are my best minimum lifecycle cost CIP and O M strategies What alternative management options are there Which are most feasible for my organization Optimized renewal decision making Life cycle costing CIP development and validation Condition based monitoring plans and deployment Failure response plans Capital cost compression strategies Operating cost compression strategies 5 Given the above what is my best long term funding strategy Over arching financial impact analysis Optimized financial strategy Total Asset Management Plan Telling the story with confidence 4 A Core Processes and Practices View Finally asset management can be viewed as a set of systematic steps that lead to specific deliverables the most fundamental deliverable being the Total Asset Management Plan Certain best practice processes and techniques

    Original URL path: http://simple.werf.org/Books/Contents/Getting-Started-%282%29/What-is-Asset-Management- (2016-05-01)
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  • SIMPLE - Options for Getting Started
    Matching Inputs and Outputs Pathways to Asset Management Critical Success Factors Alternative Routes to Implementation Effective Implementation Asset Management for Small Utilities Interactive Training Practitioner Contents GASB 34 The 10 Steps to Asset Management Asset Management Guidelines Develop an Improvement Plan Reports Case Studies SAM Practitioner Tools Contents Getting Started Options for Getting Started This topic covers the following areas Step By Step Approach Full Needs Analysis Approach Modifed Gap Analysis Approach CIP Validation Approach Asset System Approach Existing Process and Practice Approach Information Systems Approach Case Studies Just as there are many ways to peel an apple there are many ways to get started in asset management each of which has now after many trials and tribulations proven to be equally successful Which approach we take will depend on our unique issues however several factors are critical to our long term sustainable success That we understand the Total Enterprise Asset Management Quality Framework TEAMQF that is involved in driving efficient and effective life cycle asset management That we understand the Business Value Chain BVC proposition That we use our asset management improvement program to deliver the most cost effective benefits but never forget that we need to have a

    Original URL path: http://simple.werf.org/Books/Contents/Getting-Started-%282%29/Options-for-Getting-Started (2016-05-01)
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  • SIMPLE - Matching Inputs and Outputs
    key issues of inter generational equity and sustainable service delivery Our second highest priority should be to spend our committed funds cost effectively For most organizations this will apply to the funds allocated for capital operations and maintenance We need to validate our capital budgets and our operations and maintenance allocations with a confidence level rating that allows us to meet our AM objectives most cost effectively This work should cover the current budget year and should look forward 5 to 10 years using the gateway or hurdle approach in SIMPLE CIP validation We should use the CLR rating process to identify the strengths and weakness in our current decision making and investment validation Our next priority should be to develop the details of future capital works programs beyond the 5 10 year period to a 15 20 year planning horizon This should also be done for operations and maintenance The main reason for taking these works through the hurdle process out to this planning horizon is to prepare a detailed plan for the analysis and data collection that will be needed to justify or validate these projects and programs at the time that they are likely to be required It is not our task to complete the analysis for this extended time frame as that is likely to fall to our successors However it is our job to provide them an outline and to ensure that the data required for their validation work is being progressed during our term of office The final key task for today s managers is to identify the significant future business risks that the organization faces The two main risk areas are The failure of assets to meet existing levels of service The future costs of expected levels of service especially where the population and demand for services is reducing or at the best static All these outputs are shown in the following figure It is the responsibility of today s management teams to address these issues in their asset management plans and to do enough analysis to understand the implications for the organization in triple bottom line terms Economic implications Environment implications Social implications If management teams can say that they have completed all these tasks then they will have fulfilled their key roles and responsibilities Of course we may only have sufficient funds to develop a basic asset management plan with a low confidence rating Even these plans may be a significant step forward over what most organizations currently have in place The confidence level rating process allows us to Report the weaknesses of these plans to our elected members and policy makers Argue for the funds necessary to improve the asset management plan to provide greater transparency and confidence in the reporting of future asset liabilities Increase staff awareness through ongoing training and development of technical staff in the management of the assets for which they are responsible If we prove the benefits using real assets the elected members can see

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  • SIMPLE - Critical Success Factors
    to move from a design construct run and monitor management regime to one that also focuses on long term planning for renewal replacement and disposal of infrastructure assets The WERF toolset for asset management implementation includes SAM Gap which assesses seven 7 primary elements of asset management in a first step to identifying the magnitude of the change the organization will need to move through to adapt towards an asset

    Original URL path: http://simple.werf.org/Books/Contents/Getting-Started/Critical-Success-Factors (2016-05-01)
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  • SIMPLE - Alternative Routes to Implementation
    Getting Started Pathways to Asset Management Critical Success Factors Alternative Routes to Implementation Options for Getting Started The Seven Pathways Choosing a Pathway Selection Criteria Choosing a Pathway Examples Effective Implementation Asset Management for Small Utilities Interactive Training Practitioner Contents GASB 34 The 10 Steps to Asset Management Asset Management Guidelines Develop an Improvement Plan Reports Case Studies SAM Practitioner Tools Contents Pathways to Asset Management Alternative Routes to Implementation

    Original URL path: http://simple.werf.org/Books/Contents/Getting-Started/Alternative-Routes-to-Implementation (2016-05-01)
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  • SIMPLE - Getting Started
    Background How to use SIMPLE What is SIMPLE Getting Started What is Asset Management Options for Getting Started Matching Inputs and Outputs Pathways to Asset Management Critical Success Factors Alternative Routes to Implementation Effective Implementation Asset Management for Small Utilities Interactive Training Practitioner Contents GASB 34 The 10 Steps to Asset Management Asset Management Guidelines Develop an Improvement Plan Reports Case Studies SAM Practitioner Tools Contents This topic covers the

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  • SIMPLE - Pathways to Asset Management
    How Can Asset Management Help Me Project Background How to use SIMPLE What is SIMPLE Getting Started Pathways to Asset Management Critical Success Factors Alternative Routes to Implementation Effective Implementation Asset Management for Small Utilities Interactive Training Practitioner Contents GASB 34 The 10 Steps to Asset Management Asset Management Guidelines Develop an Improvement Plan Reports Case Studies SAM Practitioner Tools Contents Pathways to Asset Management This topic covers the following

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