100220 - Fundamental Topics for Asset Management
Overview
Fundamentals of Asset Management is the first course in a series of three courses that constitute Virginia Tech's Essentials of Asset Management Certificate. This self-paced course provides an understanding of the existing frameworks available for establishing an asset management program and creates a foundation for successive modules to follow.
Course Objectives
Upon completion of this course, participants should be able to understand:
- The basics of current Asset Management (AM) Program Frameworks and Standards
- How to employ AM as a business process improvement
- The history of the development of AM practices in the US water industry
- How to develop and populate the asset registry using an asset hierarchy and data standards
- Assess the condition of assets and linking decay curve with Condition Assessment
- How to estimate Business Risk Exposure and what mitigation strategies are available for AM
- How to formulate core Operations and Maintenance strategies including predictive, preventative and corrective maintenance
- Potential funding approaches to implement Capital and Operations and Maintenance strategies
- The basic components for developing an AM Plan
Location Information
This course is an asynchronous, online course administered through Canvas. Please pay special attention to emails regarding your Canvas access set-up.
If you have not received the email from Virginia Tech Guest Management Service to set up your Canvas account within 3 business days, please reach out to Siwen Yin (sy4167@vt.edu) immediately and provide your First Name, Last Name, and an alternate email address.
Additional Information
Speaker(s)/Instructor(s)
- Ms. Celine Hyer - Senior Vice President, Conveyance Service Line Leader, Arcadis
- 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
Applies Towards the Following Certificates/Programs
- Essentials of Asset Management Certificate Program : Fundamental Topics for Asset Management