Georgia | Asset Management Training

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Date(s) - 10/28/2014
10:30 am - 3:00 pm
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Lake Lanier Legacy Lodge


Partner: Georgia Rural Water Association

This workshop was part of the Georgia Rural Water Association’s Fall Conference. As part of the “Finance/Management” Session on Tuesday, October 28, 2014, the EFC presented a workshop on Asset Management and how it can increase your chances of securing funding for your projects.

Asset Management enables a water system to meet customer expectations at the most appropriate cost by improving the efficiency of operation and management. Some funders are including asset management as one of their criteria for project prioritization. This training provided an overview of the five core components of Asset Management: the current state of the assets, level of service, criticality, life cycle costing, and long-term funding strategy. The training included a blend of presentations and interactive exercises.