No-Cost Virtual Training:
Asset Management Virtual Workshop

July 13-14, 2021 | 1:00pm-2:45pm PST

View Day 1 Recording

View Day 2 Recording

Description: Asset Management is a process that allows a water or wastewater system to better manage its assets and improve the workflow for its employees. It is a process that makes management decisions easier by helping utilities make the right investments in operations, maintenance, and capital improvement at the right time. This customer focused approach is designed to maintain a desired level of service at the lowest life cycle cost.

Asset Management is a strategic way of thinking about assets that involves five core components: Assets & Asset Inventory, Level of Service, Criticality, Life Cycle Costing, and Long-term Funding.

This virtual training module will introduce each of these components, provide examples for implementing each, and explain how they fit into the overall process of asset management.

Training Objectives:

• Learn to prioritize projects and activities based on risk analysis in order to use limited financial and personnel resources efficiently.
• Understand how to analyze and visualize criticality to make decisions about repairing, replacing or rehabilitating assets.
• Understand the Core Components of Asset Management and first steps to get an Asset Management program started in their utility.

Trainers: Jeff Severin, Program Manager, & John D. Colclazier, Program Associate, Wichita State University Environmental Finance Center

Contact: For inquiries, contact Jeff Severin, jeffery.severin@wichita.edu.

CEUs: Approved for 0.3 CEU. Must attend BOTH sessions and participate in required poll questions.