This panel will review how to establish the financial decision-making framework for public works asset management best practices through life-cycle cost management, service level-risk and cost balancing, asset management plan development, and predictive financial forecasting of asset replacement and renewal.
Learning Objectives: At the conclusion of this session, you will be better able to:
Define and establish the financial decision-making framework of public works asset management best practices.
Outline the data needs for life-cycle costing and forecasting renewal and replacement costs.
Discuss the importance of stakeholder communications and asset management plans for financial decision-making.
Water Finance Research Group, Provo, UT
General Manager ,
Assetic North America, Toronto, ON Canada
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