Asset Management: A Playbook For Water And Wastewater Utilities

Water and wastewater agencies are grappling with resource scarcity, underfunding, and a maintenance backlog of aging infrastructure. To address these issues, state governments are mandating the adoption of asset management. This practice involves the systematic and coordinated activities of an organization to optimally manage its assets and asset systems, their associated performance, risks, and expenditures over their lifecycles for the purpose of achieving its organizational strategic plan. The text provides a comprehensive guide for these agencies to understand and implement asset management, offering additional support and coaching to ensure effective application. This approach could help agencies optimize their resources, manage risks, and improve infrastructure maintenance.