Asset Management for Buried Infrastructure
Instructors: Drs. Rizwan Younis and Mark Knight
Asset Management (AM) provides a systematic methodology of maintaining, upgrading and operating physical assets cost-effectively. By combining engineering principles with sound business and economic practices, AM provides an organized and logical approach to both short– and long-term planning and decision-making.
The goal of this course is to enable municipal infrastructure professionals to understand the fundamentals of asset management with particular emphasis on buried utilities (water and wastewater pipelines). It will provide an in-depth knowledge of the essential processes and techniques required to establish an effective asset management program. The attendees will also learn about the new developments and future trends in the asset management field.
Upon completion of the course, the attendees will be able to understand and apply the basic and advanced asset management techniques to address buried infrastructure management problems. In particular, they will:
Understand and apply economic principles for asset valuation; risk-based life cycle cost analysis; assets replacement analysis; short– and long-term planning; financing; and development of capital investment plans
Develop and analyze short- and long-term asset management starategies using a new system dynamics model developed at the University of Waterloo
Define data needs and develop basic understanding of data management systems
Develop knowledge about state-of-the-art condition assessment techniques and protocols
Understand failure mechanisms, performance indicators, and levels of service
Devise appropriate maintenance, rehabilitation and replacement strategies
Gain knowledge about regulatory requirements such as PSAB 3150 and Regulation 453/07 under Safe Drinking Water Act 2002.
Develop an understanding of pros and cons of a variety of management tools for strategic management of physical infrastructure systems
Most of the lecture time will be used for instructional purposes including exercises and case studies. Significant additional time will be required outside of class time for independent study, and to complete assignments and develop necessary skills. On average three hours of self-study is required for every one hour of class lecture.
Note: The course can be applied towards University of Waterloo Buried Infrastructure Specialist Program.