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Why Asset Management?

Why Asset Management?. WE OWN IT. WE MANAGE IT. “Short list” 1000 Coastal Structures 600 Dams 2500 Recreational Areas 250 Locks 75 Hydropower 285000 Tracts of land 12000 Buildings 7 Laboratories VALUE: $200 BILLION+. Lifecycle Infrastructure Management:

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Why Asset Management?

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  1. Why Asset Management? WE OWN IT WE MANAGE IT “Short list” 1000 Coastal Structures 600 Dams 2500 Recreational Areas 250 Locks 75 Hydropower 285000 Tracts of land 12000 Buildings 7 Laboratories VALUE: $200 BILLION+ Lifecycle Infrastructure Management: Campaign Goal 3c- The Right Business Practices Executive order 13327- Right-sizing inventory IT’s the RIGHT thing to do!

  2. What is Asset Management?

  3. What is important?

  4. LCM The Road To Green Sustainable Infrastructure Business Process Model Infrastructure assessment and evaluation Data Integration Asset Management Plan What will we achieve?The Vision…

  5. How does it work? Responsible Party Detailed Tasks GOAL 3/EO Deliverables Standardization of data, REMIS Levee Inventory, Dam Inventory, R&D Condition Index Utilization Mission Dependency Age Business Team, Real Estate, O&M Data InventoryScreen Dispose FEM/MAXIMO, ORNIM, DSPRA, R&R models Risk and Reliability Benchmarks Cost/Sustainment Assessment and Operation E&C, R&D, O&M Life Cycle Management Dispose Performance Metrics 5 yr Budget Customer Expectations Business Line Leads, RBC, USACE leadership Recapitalization Major Rehab O&M Asset Management

  6. What is required to get green? ESTATE SALE BEST OFFER

  7. What does OMB expect?Executive Order 13327FRPC Vision…

  8. DCW DMP Steering Committee Lead: Barnes SES Members, GOs, ASA(CW) rep Advisory Team AM PDT Central Lead: Knight HQ Champions Business Team Leads Technical Task Leads Who will execute?

  9. Who are they? Steering Committee Lead: Barnes Members: Loew, Basham, Hecker, Waters, Calcara, Tornblom, Berwick, Martin, White AM PDT Central Lead: Knight Jester (HQ-LRD) Reilly (POA) Ellsworth (CERL) Ercums (HQ-RE) Ellin-Cuebas (HQ-SID) Weyer (RA) Business Team Leads Navigation, Flood, Recreation, Hydropower, Environmental, Emergency, Water Supply HQ and MSC rep HQ Champions/Portfolio Leads Programs and leads on national initiatives Task Leads Field PDT’s CoP’s Programs Advisory Team Internal (District/Division) External (BOR, NPS, Navy, Academia, CMTS, stakeholders, partners, etc.)

  10. Condition Assessment • Condition Index: snapshot vs. risk-based • Buying Down Consequences (risk) - Buying up Service (reliability) • Not a one-size fits all • Component to system (miter gate to Ohio River) • simple to complex (screening to monte-carlo) • Business line (drivers/consequences) • Functional purpose (planning, engineering, O&M) • Multi-objective (water supply, hydro-power, security, navigation, environmental, flood) • Operational (HydroAmp) to business support (5 yr budget)

  11. Frequency of inspection in years

  12. Example: Influence Diagram (Risk Map) for a Population of Transformers

  13. Condition Assessment Given all that: What to do? • Continue coordination with key proponents (R&D, Dams, Levees, Security, etc.) • Morph OMB directives together (PART and Real Property) • Risk and Reliability Summit (August 14-18, 2006 tentative) • White paper Risk (Todd Bridges) • White paper Condition Indices (David McKay) • Test drive with LRD • Test drive with Stakeholders • Benchmark with other agencies/academia

  14. Challenges • Standardization • Data Inventory • Disposal • FEM/MAXIMO • Risk-based condition Assessment • FYDP • Life Cycle management

  15. Life Cycle ManagementStaying Green • The Goals: • Improved customer satisfaction • 5 yr business plan • Sustainable comprehensive approach • Defensible budget • Direct link between investment decision and level of service (performance) • Disposition- right sizing

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