https://www.youtube.com/watch?v=Jkmw9oGIDhI

Doug AllinVice President of the

Public Works Association of BC

Material development

• Many hours and consultation led by the team at AMBC• Wally Wells, Glen Brown , Dave Allen, Andy Wardell, David Love, Rob Bullock and the team at Urban systems .• The team has developed the wheel with the short program which can

be found on the Asset Management BC website. • The long program will be out shortly !

ASSET MANAGEMENT FOR SUSTAINABLE SERVICE DELIVERY

A BC FRAMEWORK

SUSTAINABLE SERVICE DELIVERY

• Ensures that Current Community Service Needs are met• Delivered in a Socially, Economically and Environmentally

responsible manner• Does not Compromise Ability of Future Generations to Meet their

Needs• Considers Community Priorities• Understanding the Trade-offs between Available Resources and

Desired Services

ASSET MANAGEMENT

The process of bringing together the skills and activities of people; with information about the community’s physical infrastructure assets and financial resources to ensure long term sustainable service delivery.

CORE ELEMENTS

• PEOPLE – Culture and Capacity for Informed Decision-making

• INFORMATION – to Support Decision-making for Sustainable Service Delivery

• ASSETS - Physical Infrastructure to enable Service Delivery

• FINANCES – Understanding Long Term Costs of Service Delivery

REVIEW, COMMUNICATE AND ENGAGE

• Regular Reviews – on-going throughout the process

• Communicate – internal team alignment and increased understanding

• Engage – education and raising awareness

Organizational leadership

THE PROCESS

• Continuous quality improvement process• Incremental and Scalable• Assess Capacity, Demand and Results• Planning what needs to be done• Implementing the plans

ASSESS Asset Management Practices andCurrent State of Assets

• Determine Organization Capacity• Review Core Elements (People, Information,

Finances and Assets)

• Knowing your Inventory• Condition of Infrastructure• Level of Service and Risk for each Asset

Category• Foundation for Development of Asset

Management Plans

PLANPolicy, Strategy, Investment Plan and Long Term Financial Plan Integration

• Policy – Coordinated Principals and Requirements• Strategy – Approach to plans and objectives for

managing assets• Asset Investment Plan- readable, living document

that cost effectively outlines infrastructure needs, timing, and activities for each service level

• Long Term Financial Plan – needs to include investment plan in order to:

o Identify gap between long term costs and available funding

o Identify opportunities to close gap (decreasing costs or increasing revenues)

IMPLEMENTATIONImplement Practices, Measure and Report

• Establish Ways to Integrate People, Culture and Capacity

• Guided by the Asset Management Strategy and Actions

• Include Asset Management Objectives and Outcomes in Annual Financial Reports

• Demonstrates measurable progress• Contributes to Sustainable Service

Delivery

Get a clear picture of the future costs and risks related to infrastructure assets and service delivery

Make informed decisions about community plans and priorities that consider future costs and risks

Ensure that important services are affordable for the community today and sustainable for generations to come (leaving a legacy)

Asset Management is critical to achieving self-reliance and Sustainably Delivering Services.

Why do Asset Management?

Thank you for your time !Questions?