Asset Management Plan Development · Provides a proactive and systematic approach to...
Transcript of Asset Management Plan Development · Provides a proactive and systematic approach to...
Asset Management Plan Development
Scott Barry
Lou-Ann Watson
NWTAC 2018 Conference
Yellowknife, May 2018
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March 2018
3Where and how do we start?
?
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4Results
Planning for Life Cycle
Performance and Cost-
Effectiveness
Source: Allnorth
5Roads Renewal Program
Annual Renewal$ 2.2 M
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6Results
Renewal Optimization
Kerr Wood Leidal, 2017
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7Results
Informed Decision-Making
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8Financial Planning
• Reserve Policy Adopted
• Renewal Program for each asset category
• Aligned with 5- and 20-Year Capital Plans
• Aligned with annual AIDP submission
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9Council & Community Engagement
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Making Better
Decisions
• New tools and systems
• Evidence based
• long-term view
• Cost-efficiency
• Effective risk
management
Asset Management is really
just good management!Service
Levels
Costs
Risks
Time
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11The Future of Municipal AM?
Will we still be talking about
“asset management” in 2028?
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12The Future of Municipal AM?
Questions?
13Other Renewal Programs
Vehicles & Equipment: $1 M/yr
Landfill: $0.3 M/yr