WSP Publishes Roadmaps for Effective Asset Management Strategies and Tools

WSP recently published two informative reports that identify strategies and tools that Future Ready® organizations are using to modernize their asset management techniques, move beyond traditional approaches, reduce costs and exceed stakeholder expectations.

These white papers, available for free download here, provide roadmaps that explain how and why:

• agencies are aligning their asset management and state of good repair (SGR) planning, and
• how as-built documentation is revolutionizing asset management by providing more accurate data for better decision-making and resource allocation.

As state and local transportation and public works agencies look to deliver transformational projects that improve quality of life for everyone who uses public infrastructure, they should consider initial capital costs and long-term maintenance requirements.

David Sklar, WSP senior vice president and national lead for asset management strategy, planning and transformation, said this requires “transparent and long-term thinking from our public and elected officials to establish dedicated funding sources and commitments well into the future when federal funds may be less generous.”

Agencies are adopting tactical approaches that include:

• a focus on funding preventive maintenance and inspection programs,
• building lifecycle management plans, and
• explicitly linking equity outcomes to maintenance strategies with a focus on workforce development.

Advocating for greater state of good repair funding commitments ensures the project remains in good condition after the ribbon cutting so the desired social and environmental outcomes are measured and sustained.       

For a closer look into incorporating these strategies, read Sklar’s three-page report, “Aligning Asset Management Programs and State of Good Repair (SGR) Planning.”

The incorporation of geographic information systems (GIS) into as-built documentation is ushering in a transformative era in asset management that is replacing conventional methods that often fall short of modern demands.

“Traditional as-built documents often lack the dynamism and integrative capabilities required for today's digital and data-driven asset management environments,” writes Nick Smith, assistant vice president and asset management lead at WSP. “GIS enhances these documents with spatial data and advanced analytical tools, allowing for a more accurate and interactive representation of assets.”

Smith’s guide explains how asset managers are bridging the gap between physical construction and digital documentation necessary for effective future work by:

• identifying the shortcomings of current documentation practices;
• illustrating the role and potential of GIS in asset management to improve visualization, accuracy and data integration;
• enhancing construction deliverables to clients, and
• developing a strategic implementation roadmap.

By embracing GIS-based as-builts, organizations ensure they are well-prepared to meet the demands of both today and tomorrow.

For a more in-depth look at how this approach is helping organizations implement more effective and accurate asset management documentation, read Smith’s report, “Building the Future: The Role of As-Builts in Asset Management Evolution.”

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