WSP draws on decades of experience, with core elements of our successful implementation of asset management plans and programs including helping clients to build strategic foundations, to establish service levels and performance baselines, and to develop realistic and integrated capital and financial plans.
Our expert team includes authors of and key contributors to international guidelines and best practice development, including the International Standard for Asset Management Systems and ISO 55001: 2014. Given the multiple services available within our asset management program, WSP is well positioned to address specific pain points in water, wastewater and stormwater system management. We can help clients capture and analyze data about the assets themselves—their condition, location and real value—and help them make smarter, more cost-effective decisions to better understand their largest risks and avoid critical failures within their water infrastructure.
Making Asset Management For Water and Wastewater Operational
Water is crucial to the very survival of our communities as a basic necessity for human health and well-being as well as for the production of food, for commercial and industrial processes, and for energy generation.
Ensuring an understanding of specific drivers and gaps, and focusing on initiatives that are impactful to client organizations and deliver quantifiable results are of utmost importance. While approaches may vary, the fundamental objective of adopting a “business-like” approach to the management of assets and objectively balancing risk, costs, and service level holds true.
As clients move through the various phases of asset management improvement programs, WSP helps service providers make informed decisions on asset rehabilitation, repair and replacement; unravel real-world challenges; and improve the services they deliver through more efficient and economic use of infrastructure and facilities they manage. WSP also provides the adapted tariff structures and rates they need—doing the right work, at the right time, for the right cost.