Robinson Consultants believes that sustainable management of core public infrastructure is at the heart of a community's quality of life. Asset Management provides the tools, policies and decision processes to effectively manage infrastructure to ensure it provides the intended service to the community.
Robinson Consultants offers a diverse range of services to assist municipalities and utilities in the effective management of their infrastructure, including:
- Asset management plans
- Risk management framework
- Inventory and valuation analysis
- Optimized decision guidelines
- Life cycle cost analysis
- Infrastructure performance measurement
- Level of service determination & stakeholder engagement
- Infrastructure management policy development
- Training and education seminars
What is Asset Management?
Through the process of answering 9 essential questions of Infrastructure Asset Management, municipalities and utilities can develop their own unique Asset Management Plan.
What do we own?
What is its intended purpose?
What is it worth?
What condition is it in?
What do we need to do to it?
When do we need to do it?
What will it cost?
How do we know if we are sustainable?
How do we ensure we remain sustainable?
These questions form the basis for Asset Management plans and build capacity in organizations to do effective Asset Management regardless of the size of the organization.
How do you Optimize Investment Decisions?
Optimized decision making for infrastructure is based on the understanding that Risk, Cost and Level of Service are interconnected and a choice to change one will affect one or both of the others. This optimized decision making framework is created and managed through People, Process and Policy and is fundamentally customer (public) centric.
Risk: Risk is a function of the probability of failure and the consequence of failure (PoF x CoF). Using triple bottom line (environment, social & economic) fundamentals, municipalities can quantifiably identify their critical infrastructure. This can then be applied to the infrastructure assessment work, which quantifies the probability of failure of assets.
Cost: A full life cycle cost analysis must consider all financial investment over the expected life of an Asset. This cost includes, initial capital cost, year over year maintenance cost, rehabilitation cost, replacement cost and decommissioning cost. The analysis must also consider the ratio of costs between the current asset life stage (where in its deterioration or depreciation cycle is it) and the expected design life of any intervention. It is clear that the cost of intervention at various points in the asset's life will increase, however, this increase is not linear for the vast majority of assets. There is an exponential increase in cost associated with intervention as assets deteriorate.
Level of Service (LOS): A complete understanding of customer needs, expectations and values in consideration of both costs and risks is critical in the effective management of municipal infrastructure assets. This requires stakeholder engagement to establish an acceptable level of service at an appropriate and affordable cost. In addition to the level of service determination it is vital to ensure accountability through reportable performance measures.