Advanced Topics for Asset Management

Course 2 - Advanced Topics for Asset Management

This course aims at familiarizing participants with more advanced asset management practices. It presents knowledge, tools, and techniques to develop or improve Asset Management for water sector operations. Learning exercises are designed to provide a deeper understanding of Asset Management for drinking water, wastewater, and stormwater applications.

In this course, you will learn

• The strategic aspects of asset management and identify the role an asset manager needs to play in developing the asset management plan

• To identify the existing frameworks available for establishing a tactical asset management program and learn the drivers behind such a plan

• More about how to create hierarchical level of service protocols and performance measure methodologies

• To understand the existing frameworks available for establishing an asset management program for your organization

• How to put Management Strategies and Decision Support Systems in place for accurate and timely implementation of Asset Management Plans

• Understand different types of Investment Planning methodologies and segmenting Asset Management Plan Investment elements

• To evaluate end of asset life reinvestment decisions

• To identify non-tolerable and significant Business Risk Exposure and associated techniques to O&M (OpEx) and Capital (CapEx) investment strategies

• To evaluate risk mitigation strategies for advanced asset management

• How to establish reinvestment cost effectiveness and use an End of Asset Life (EOAL) reinvestment decision support tool

• To evaluate asset strategies and solutions using Business Case Evaluation (BCE) techniques including risk reduction, life cycle cost analysis and triple bottom line benefit/cost approaches

Instructors

See the Instructors tab for more details about the course instructors.

Gage Muckleroy, PE, BCEE - Executive Advisor – Asset Management, GHD Advisory - North America

Mr. Duncan Rose - Principal Consultant and Technical Director, GHD Consulting Inc. (retired)

Dr. Sunil Sinha - Professor and Director, The Charles E. Via Department of Civil and Environmental Engineering, Sustainable Water Infrastructure Management (SWIM) Center, Virginia Tech

Advisors

Mr. Gregory Chol - Aurora Water Asset Manager, City of Aurora, Colorado

Mr. Steve Allbee - Environmental Protection Agency (retired)

Course Fee

Standard Course Fee - $395

SWIM Center Member Fee - $345

This course is self-paced and available on-demand through Virginia Tech's learning management system for 180 days after the date of enrollment. This enables you to complete the course at your convenience. The course will take approximately 12-15 hours to complete depending on your familiarity with the topic and experience with online learning. A final test must be successfully passed with a minimum score of 80% to be awarded CEUs/PDHs. Upon successful completion, you will be awarded a certificate for 2.4 CEUs (24 PDHs) for completing this individual course.

See Technical Information for learner support and technology requirements.

If you are seeking the Asset Management Certificate from Virginia Tech, you must also enroll and successfully complete Course 1 – Fundamentals of Asset Management and Course 3 - Asset Management Plan.

For questions please see Key Contacts

Certificates

Fundamental Topics for Asset Management is first course in a series of three courses that constitute Virginia Tech's Asset Management Certificate.