- Civil Engineering Training
- Infrastructure Asset Management: A Strategic Approach Toward Sustainability
This course covers the fundamental principles of asset management and revisits the 6 core questions every organization should be able to answer about their assets. It also illustrates the state-of-art implementation approach of an asset management plan
- Course Outline
After participating in the course, you will be able to:
describe the basic principles of asset management from the understanding that you receive from this course
answer the 6 core questions about your assets
apply available tools and techniques to support your asset management activities
develop asset management implementation plan appropriate to your organization
provide better guidelines to policy making and apply on your projects best practices of asset management principles and concepts Description
Infrastructure asset management (IAM) is a strategic approach to manage physical public infrastructure. Two major issues involved are deterioration of infrastructure and the growth in demand for service. Owners, public works, operations and utility service agencies are facing the challenges of maintaining infrastructure lifelines from roadways, bridges, transit systems, drinking water supply and sewage treatment to flood protection and environmental remediation; the task is enormous. Budget constraints and the demand for optimum levels of services makes it necessary for infrastructure managers to look in to the available tools and techniques for efficient management of infrastructure.
This course covers the fundamental principles of asset management and revisits the six core questions every organization should be able to answer about their assets. The course also illustrates the state-of-art implementation approach of an asset management plan to attain sustainability. This course is aligned with the International Infrastructure Management Manual, National Research Council (NRC) research modules, and other initiatives and best practices from around the world. It provides an opportunity for public infrastructure management professionals to gain in-depth knowledge for managing their assets while keeping up optimal performance over asset’s life cycle.Who Should Attend
Managers, engineers, supervisors, technicians, technologists and analysts from government organizations, consulting companies, policy making and utility agencies responsible for design, inspection, operation, maintenance and renewal of public infrastructure assets. The course will be of significant benefit to those with some asset management experience who manage or provide critical information to senior managers, who have direct responsibility for meeting system performance, budget planning, project delivery targets and who are looking to update or brush up on asset management skills, taking new challenges to broaden their knowledge. Participants will advance their professionalism to utilize in the emerging field of infrastructure asset management.
Instructor: Saidur Rahman, Ph.D., P. Eng.,Town of OakvilleProgram Outline
8:00 Welcome, Introduction, Course Preview, Learning Outcomes and the Assessment Methods
8:30 Asset Management and Infrastructure Issues
What is asset management?
Why public infrastructure?
Six core questions of asset management
Building blocks of asset management
Who is doing what: a brief overview, program and initiatives, standards and guidelines, publicly available specification (PAS 55)
Benefits of asset management towards sustainability
9:40 Introduction to the Asset Management Body of Knowledge (AMBOK)
Concepts and ideas
10:00 Refreshments and Networking
10:20 Knowledge about Assets
What do you own?
Asset classification systems
Manage inventory of assets
Asset data formats
Asset data collection tips
How asset deteriorates?
1:00 Evaluate Asset Condition
Why asset condition is important?
Dealing with defects
Failure modes and criticality
Condition ratings: Facility Condition Index (FCI), other tools and indicators
Protocols for condition assessment
Service life of assets
Impact of condition on service life of assets
Impact of condition on performance of assets
2:40 Refreshments and Networking
3:00 Levels of Services (LOS) and Perform Risk Analysis
What is LOS?
How to determine LOS?
Regulations and reporting standards
Key Performance Indicators (KPI)
Benchmarking of assets
Risk assessment and modeling
8:30 Investment and Financial Aspects
Infrastructure backlog and other issues
Mind the gaps
Financing and options
Examples – AFP (alternative financing and procurement), debenture funding, infrastructure bank etc.
Short and long-term planning
Social costs and considerations
Life cycle costing (LCC)
9:40 Refreshments and Networking
10:00 Asset Valuation and Business Model
Asset valuation methods
Factors considering for asset valuation
Asset valuation models: roads/ pavements, bridges/culverts, water and wastewater, other asset specific
Review of reporting mechanisms (GASB, PSAB, PAS 55 etc.)
Asset management business model
11:20 Asset Management Optimization and Other Factors
Owner’s vs user’s perspective: a multi-objective Optimization Approach
What infrastructure are vulnerable?
Impacts of climate change on infrastructure
Climate change adaptation in infrastructure business
1:00 How to Choose Your Asset Management System?
State-of-art practice tools and techniques
Standalone systems and integrated systems
Issues of consistency
Evaluation process and module based examples
Comparative statements, features and benefits
2:20 Refreshments and Networking
2:40 Decision Making
Logic behind failure, options and actions
Assigning a priority ranking number (PRN)
Human factors in decision making
Action planning: driving factors, motivational factors, other influences
Decision model and analysis
Checklist – what to consider? and what not?
3:30 Discussion Forum
Questions and Answers Feedback to Participants on Achievement of Learning Outcomes
4:00 Concluding Remarks and Final Adjournment
Saidur Rahman, Ph.D., P. Eng., is Senior Project Leader – Infrastructure with the Town of Oakville. He has over 20 years of experience in municipal infrastructure planning, designing, managing and delivering of especially transportation, water and wastewater infrastructure projects. Prior to the Town of Oakville he worked for the Government of the Northwest Territories and National Research Council (NRC) Canada. He spent significant time in academic research in Japan and Canada on damage diagnosis, nondestructive evaluation (NDE) and structural health monitoring especially for bridges and structures. At NRC he worked on Municipal Infrastructure Investment Planning project to evaluate tools and techniques for municipal organizations to manage public assets in a sustainable manner. Dr. Rahman is active in offering technical courses and presentations on infrastructure asset management, green infrastructure, life cycle cost analysis, climate change impacts and adaptive measures for critical infrastructure and risks in construction businesses. He is a present member of Professional Engineers Ontario (PEO), Municipal Engineers Association (MEA) Ontario and serves in Ontario Provincial Standards (OPS) Structures Committee, American Society of Civil Engineers (ASCE) and Project Management Institute (PMI).
- Prerequisites & Certificates
1.2 CEUs / 12 PDHs
- Cancellation Policy
To withdraw from a course, you must send a request, in writing, with the official receipt to our office. Fifteen or more business days in advance: full refund less $50.00 administration charge. Five to fifteen business days in advance: non-refundable credit of equal value for any future EPIC seminar within one year. Credits are transferable within your organization. In case of an unexpected event occurring after this time, you may send someone else to take your place without any additional cost.
- Map & Reviews
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