The Digital Asset Management Plan for Utilities is a strategic framework aimed at optimising all Sewer, Water and Water Reuse assets throughout their lifecycle.
Key objectives
- Maximising the value and benefits derived from assets.
- Minimising risk.
- Aligning asset management practices with the overall goals and priorities of the Council.
Aims
The Digital Asset Management Plan for Utilities aims to achieve the following for Council:
- Identifies asset quantities, asset value and current asset conditions.
- Gives consideration to the whole of life costs of the asset.
- Identifies existing levels of service and any potential gaps which may exist.
- Identifies the level of service that will be delivered by the asset and how the service will be monitored.
- Identifies funding needs on a short-term and long-term basis.
- Provides guidance to develop programs to optimise asset levels of service and maximise return on investment.
- Provides the basis for long-term financial planning for assets under the custodianship of council.
- Provides an improvement plan to follow.
This approach:
- Improves resource allocation.
- Reduces downtime.
- Ensures the long-term viability of assets.
An effective Digital Asset Management Plan for Utilities contributes to:
- Better organisational performance.
- Decreased life cycle costs.
- Increased stakeholder satisfaction while supporting compliance and sustainability goals.
Utilities assets
- Water Hydrants
- Water Treatment Plants
- Water Pump Stations
- Water Valves
- Water Mains
- Water Reservoirs
- Water Access Points
- Water Filling Stations
- Dam Weirs
- Sewer Treatment Plants
- Sewer Pump Stations
- Sewer Valves
- Sewer Mains
- Sewer Manholes
- Sewer Vacuum Pods