Free Webinars on Asset Management for Small Water Systems

The Environmental Finance Center (EFC) Network has scheduled a 5-part webinar series on the core components of Asset Management. This training series will help the utility answer the question, “How can we spend our limited dollars to have the greatest impact?” The primary trainer will be Heather Himmelberger of the Southwestern EFC at the University of New Mexico, who has extensive experience in the field of asset management, especially as it relates to small systems.  This is a great FREE training opportunity for state drinking water program staff as well as water utilities, technical assistance providers, consultants and others who assist small water and wastewater systems.

1.  Asset Management Core Component 1 – The Current State of the Assets

DATE:  November 7, 2013

TIME:  2:30 – 3:30PM (eastern)

REGISTER:  http://efcnetwork.org/ and click on “Trainings”

Webinar 1 will provide an overview of Asset Management and discuss the first core component of Asset Management, The Current State of the Assets. This will include a discussion of the need for an asset inventory, mapping, condition assessment, and remaining useful life.

2.  Asset Management Core Component 2 – Required Level of Service

DATE:  November 26, 2013

TIME:  2:30 – 3:30PM (eastern)

REGISTER:  http://efcnetwork.org/ and click on “Trainings”

Webinar 2 will provide an overview of Asset Management and discuss the second core component of Asset Management, Required Level of Service. There will be a discussion of why goal setting at a utility is important, what makes a good goal, how to set goals, and how to measure.

3.  WEBINAR: Asset Management Core Component 3 – Critical Assets

DATE:  December 2, 2013

TIME:  2:30 – 3:30PM (eastern)

REGISTER:  http://efcnetwork.org/ and click on “Trainings”

Webinar 3 will provide an overview of Asset Management and discuss the third core component of Asset Management, Critical Assets. It will include a discussion of the two factors that make up criticality: likelihood of failure and consequence of failure, as well as a discussion on how criticality ties into the rest of Asset Management.

4.  Asset Management Core Component 4 – Life Cycle Costing

DATE:  December 12, 2013

TIME:  2:30 – 3:30PM (eastern)

REGISTER:  http://efcnetwork.org/ and click on “Trainings”

Webinar 4 will provide an overview of Asset Management and discuss the fourth core component of Asset Management, Life Cycle Costing. It will present the two components of life cycle costing: Operation and Maintenance and asset replacement. This discussion will go into tactics for more strategic O&M tasks and how you bring risk into the decision-making process for both O&M and capital.

5.  Asset Management Core Component 5 – Long Term Funding Strategy

DATE:  (TENTATIVE) December 18, 2013

TIME:  2:30 – 3:30PM (eastern)

REGISTER:  http://efcnetwork.org/ and click on “Trainings”

Webinar 5 will provide an overview of Asset Management and discuss the fifth core component of Asset Management, Long Term Funding Strategy. This webinar will include a discussion of the need for funding the system and how to build the capacity within the community to raise rates. It will also include information on telling a good story about what you need and why.