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- Title
Managing Assets: When Going With the Flow Doesn't Save Money.
- Authors
Baird, Gregory M.
- Abstract
The article focuses on asset management comparative to a utility, with a zero-dollar budget increase that does not save money and allocate resource efficiently. It states that best practices for infrastructure management represents ways for cost savings and effective resource allocation and considerable return on investment (ROI). It discusses ways for effective asset management such as benchmarking of the operation and considering the impact of computerized maintenance management system (CMMS).
- Subjects
ASSET management; PUBLIC utilities -- Management; RESOURCE allocation; BEST practices; INFRASTRUCTURE (Economics); RATE of return; BENCHMARKING (Management); COMPUTERIZED maintenance management systems
- Publication
Journal: American Water Works Association, 2011, Vol 103, Issue 9, p18
- ISSN
0003-150X
- Publication type
Article
- DOI
10.1002/j.1551-8833.2011.tb11526.x