Title :
Two different approaches to being effective utilizing asset management principles in two Southern California Water agencies
Author_Institution :
Global Eng. & Manage. Services Inc./Raintek USA LLC, Yorba Linda, CA, USA
Abstract :
Two agencies in Southern California in 2006 desired to become very effective asset centric work organizations in terms of managing all their resources and their assets. One took the strategic approach to solving their immediate needs while the other used the operational and functional approach. They are both elements of an enterprise wide asset management program and the paper describes the approach, the methodologies and benefits gained in each organization with the missing links for maximizing benefits over the long term.
Keywords :
asset management; financial management; organisational aspects; water supply; Southern California; asset centric work organization; asset management principle; enterprise wide asset management program; resource management; water agency; asset register; condition assessment; criticality; enterprise wide; life cycle;
Conference_Titel :
Asset Management Conference 2011, IET and IAM
Conference_Location :
London
DOI :
10.1049/cp.2011.0559