Asset Condition - A Direct Link to Efficient CIP Planning & Effective Asset Renewal
- Kraig Schenkelberg PE, Aditya Ramamurthy PMP - Hazen and Sawyer
- Adrianna Dimperio PE - Newport News Waterworks
One of the corner-stones of an asset management program is a robust condition assessment program. In an effort to reduce frequency and severity of infrastructure failures, Newport News Waterworks has instituted a condition assessment program where internal Operations staff diligently collect and document the condition of all assets at pre-established time intervals and frequencies. Through this program, Newport News Waterworks aims to ensure the collected data is effectively utilized to determine the need and timelines for preventative or remedial action to maintain the desired level of service. As part of this effort, example data attributes collected range from the condition ranking of the assets to downstream impacts and from redundancy & reliability to remaining useful life & replacement costs.
Newport News Waterworks is a regional water provider, owned and operated by the City of Newport News that serves over 400,000 people in Hampton, Newport News, Poquoson, York County and part of James City County. Newport News Waterworks plans and maintains a 5-year Capital Improvement Program (CIP). However, the CIP is updated annually to incorporate any addition, deferral, and/or modifications of CIP projects. With the current focus on asset renewal and replacement at Waterworks, significant emphasis has been placed on effective capital planning, as CIP planning serves as the funnel to prioritize, fund, and rehabilitate its infrastructure.
Condition data provides an assessment of the true condition of the asset at any given time. Typically, organizations have two factual condition data points (like new condition when installed and a subsequent condition assessment) to estimate the remaining useful life of the asset/s. However, given that Newport News Waterworks has a condition assessment program that evaluates the asset condition at pre-established time intervals, Waterworks is able to utilize these multiple condition data points to develop and more realistic remaining useful life curve for various asset cohorts.
This presentation will discuss in detail Waterworks unique approach to:
- Combine newly collected condition data with available condition data (collected by Waterworks staff) and collectively develop/update a risk profile of all associated assets and establish realistic asset remaining useful life curves.
- Leverage innovative technology to effectively present and report condition data throughout the organization
- Enable sustainable CIP Planning by proactively leveraging condition assessment data to identify and prioritize capital projects thus ensuring all infrastructure projects are identified and planned in advance.
For more information, please contact the author at firstname.lastname@example.org.
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