Principles of Asset Management for Municipalities
After Participating in this course, you will be able to:
- Understand the overarching principles of asset management
- Establish an appropriate asset management governance structure
- Understand asset inventory and registry requirements
- Set levels of service
- Develop an asset inventory and condition database
- Monitor asset performance
- Understand risks and how to manage them
- Identify key elements to improve asset resilience
- Complete life-cycle planning
- Implement a continuous improvement strategy
- Identify asset management best practices
The need to preserve our municipal roadway pavement infrastructure is paramount to insuring the viability of transportation of people and goods. This requires ever increasing investments because the road infrastructure is typically the most valuable asset owned by public agencies. The consequence of the lack of systematic maintenance and renewal is accelerated deterioration of the asset condition which then requires a more expensive treatment to return the asset to a serviceable condition.
Road infrastructure managers are confronted with the following challenges:
- Budget pressures from other infrastructure and social needs have resulted in a substantial infrastructure deficit.
- The necessity to plan the treatments in such a way that the level of service remains acceptable throughout the entire life-cycle of the asset.
- Municipal and local governments typically have limited taxation powers and often lack in-house specialized technical expertise.
- Necessary coordination of road construction activities with other asset management activities such as road system expansion, underground utilities, lighting, traffic management and safety improvements.
While facing these challenges, the technical issues often play a subordinate role for several reasons. The technical qualifications of the staff in road authorities and road construction contractors, as well as their professional skills, are often at a high level. In December 2017, the Ontario Government passes Ontario Regulation 588/17 Assert Management Planning for Municipal Infrastructure which sets out asset management implementation and reporting requirements. While similar requirements are not currently required in other Canadian provinces, it is likely that they will soon be required.
This course covers:
Who Should Attend?
- Planners, engineers and technical staff involved in the implementation of an asset management system
- Municipal agency personnel involved in the delivery of transportation infrastructure
- Municipal staff and consultants involved in the condition monitoring of municipal assets
- Municipal council members and managers responsible for municipal assets
Overall rating of this course by its previous attendees!
Almost all of EPIC's courses offer :
- Continuing Education Units (CEUs) and
- Professional Development Hours (PDHs)
These course credits will help attendees earn training requirements for their associations or provincial governing bodies.
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