Asset Management Plan
Course 3 - Asset Management Plan
This course includes description of water infrastructure asset management based on the Sustainable Infrastructure Management Learning Environment (SIMPLE) 5-core question, 10-step process. It includes approaches to perform risk analysis, gap analysis for baseline, establish future scenarios, and comprehensive asset management planning. This course also presents real world examples to develop an asset management plan (AMP) that guides risk-based decision-making.
In this course, you will learn
The concept of Business Risk Exposure (BRE) and the various existing techniques to calculate BRE and understand how to relate Business Risk Exposure (BRE) to management actions
The role and importance of an asset registry and will develop an understanding of techniques for condition assessment, determining residual life and renewal of an asset
How to estimate future demand and create an investment plan to meet the demand
Understand the components of an Asset Management Plan (AMP) and the strategies needed to implement it in day-to-day operations
The similarities and differences of AMPs among drinking water, wastewater, and stormwater utilities and learn how asset management plans are prepared for each of these utilities
See the Instructors tab for more details about the course instructors.
Mr. Walter L. Graf, Jr. - Program Director - Strategic Asset Management & Intelligent Water Systems, The Water Research Foundation
Mr. Mike Collins - Director of Public Utilities, City of Harrisonburg, Virginia
Dr. Sunil Sinha - Professor and Director, The Charles E. Via Department of Civil and Environmental Engineering, Sustainable Water Infrastructure Management (SWIM) Center, Virginia Tech
Mr. Devan Thomas - Vice President, AECOM, Ontario, Canada
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 10-12 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 2 - Advanced Topics for Asset Management.
For questions please see Key Contacts
Fundamental Topics for Asset Management is first course in a series of three courses that constitute Virginia Tech's Asset Management Certificate.