Maximizing Capital Budgets Using Risk-Based Project Prioritization

Over $234 Billion of capital expenditures (CAPEX) are expected over the next 10 years to address aging municipal water and wastewater pipe network infrastructure in the United States, according to a recent report from Bluefield Research.

Challenged by the growing need for repair and rehabilitation (R&R) of underground pipe networks, as well as the prioritization of R&R based on complex variables, asset managers are under growing pressure to make the most from their CAPEX budgets.

But how do they know they are spending the right amount, on the right assets, at the right time?