1. Asset Management Plan Development and Implementation Support
Award Contract P-2860
Asset Management Plan Development and Implementation Support
Commission Agenda Item #9

2. Background
Asset management is critical to efficiently manage infrastructure, equipment
Requires alignment of organizational processes, people, technology
Includes assessment of physical mortality, capacity, cost, level of service risks
Leads to investment recommendations to achieve organizational goals
Minimizes risk in most cost-effective manner

3. Background (continued)
2050 FP based on asset management approach
AMP began under 2050 FP project
AMP split off as separate project (P-2860)
P-2860 is focused on:
Completing the AMP
Evaluating business processes
Developing ongoing processes for continuous improvement

4. Example of software tool being completed under the AM contract
Example of software tool being completed under the AM contract. This is the conveyance system dashboard that allows evaluation of:
Data quality
Risk and Failure Modes
Investment Forecast

5. Conveyance system dashboard showing evaluation of risk
Conveyance system dashboard showing evaluation of risk. Can be displayed graphically with GIS. Can be filtered to specific levels of risk. And can be filtered by specific areas of the system (subsystem and legs).
Powerful tools to better explain and understand risk drivers, locations and holistic system approach.

6. Tools lead to improved ability to forecast future investment needs
Tools lead to improved ability to forecast future investment needs. Leads to proactive and planned investments and reduced reactive emergency repairs. Improves ability to forecast costs and rates.

7. Project Scope Complete Asset Management Plan
Business process evaluation
Standard operating procedure development
People and data workflows
Continued development of asset management technology tools
Asset system dashboards
Business case evaluation template
Risk register

8. Project Cost/Schedule
Request for $769,080
Project complete in 18 months

9. QUESTIONS?