View Important Policies and System Requirements for this course.
This webinar was co-sponsored by ASCE's Transportation and Development Institute (T&DI) and ASCE Continuing Education
Instructors:
Ehsan Minaie, Ph.D., P.E., M.ASCE
Joseph Ridge
Course Length: 1 Hour
Purpose and Background
Amid dwindling funding resources, increasing demand, and aging infrastructure, there is increasing recognition that there is a need to innovate and increase the effectiveness of how existing assets are preserved, repaired and renewed, by shifting focus from creating new and additional capacity to maximizing the functionality of existing assets. Enterprise asset management (EAM) is a strategic and systematic process that focuses on effective operation, maintenance, upgrade, and expansion of physical assets through a whole-life approach. It allows agencies embrace business and engineering best practices with the objective of better decision making based upon the knowledge acquired from quality performance data, information and well-defined objectives. EAM is a necessity for agencies to meet the growing business and political demands of a rapidly changing business environment in the 21st century.
This webinar is aimed to explain and discuss the basics of enterprise infrastructure asset management. This course will also discuss and present a general overview of application of asset management principals in different infrastructure sectors, such as utilities, environmental facilities, and transportation.
Course topics will include the principles of enterprise asset management, performance management, risk management, financial planning, state-of-the-practice in implementing asset management system for infrastructure owners, challenges in development and implementation of asset management practices for public and private sector infrastructure owners, and a few examples of EAM implementations.
Primary Discussion Topics
- Principles of enterprise asset management (EAM)
- Infrastructure performance management
- Risk management
- Financial planning for management of infrastructure
- State-of-the-practice in implementing asset management system for infrastructure owners
- Challenges in development and implementation of asset management plans for public and private sector infrastructure owners
- Examples of EAM implementations
Learning Outcomes
Upon completion of this course, you will be able to:
- Describe the challenges of management of aging infrastructure assets
- Identify applications and principles of enterprise asset management
- Evaluate the asset management practice at your agency and learn how to improve it
- Recognize asset performance and tie performance targets of assets with the strategic plan of the agency
- Explain what risk is and how risk can be built into the EAM practices at your agency
Webinar Benefits
- Better understand the risks associated with the aging infrastructure in the U.S.
- Become familiar with the state-of-the-art in infrastructure asset management
- Evaluate risk assessment practices at your agency and how your agency can improve them
- Learn the benefits of asset management to your agency
Assessment of Learning Outcomes
Students' achievement of the learning outcomes will be assessed via a short post-assessment (true-false, multiple choice and fill in the blank questions).
Intended Audience
- Infrastructure owners
- Managers
- Engineers
- Inspectors
- Other stakeholders who take part in decision making with regard to management, preservation, maintenance, or replacement of assets
Webinar Outline
- Infrastructure assets and economy
- Why is infrastructure important for the well-being of the citizens
- Infrastructure asset types
- Principals of enterprise asset management
- History of EAM
- Why EAM
- Technology applications in EAM
- GIS and EAM
- EAM in the era of big data and the "internet of things"
- Asset monitoring and remote condition assessment
- Building risk assessment into EAM
- What is risk?
- EAM and financial planning
- Life-cycle cost analysis (LCCA) and EAM
- EAM and long-range financial planning
- Challenges to EAM implementation
- Utility asset management
- Inventory and condition assessment
- Asset valuation
- Maintenance practices
- Risk evaluation
- Long-range planning
- Examples of EAM implementation for public utility agencies
- Transportation asset management
- Performance of infrastructure
- Condition assessment
- Asset valuation
- Risk assessment
- Maintenance practice
- Long-range planning
- Examples of EAM implementation for public transportation agencies
- Conclusions
How to Earn your CEUs/PDHs and Receive Your Certificate of Completion
To receive your certificate of completion, you will need to complete a short on-line post-test and receive a passing score of 70% or higher within 1 year of purchasing the course.
How do I convert CEUs to PDHs?
1.0 CEU = 10 PDHs [Example: 0.1 CEU = 1 PDH]