Chapter 1: Why Asset Management?

Water Environment Federation

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Chapter 1: Why Asset Management?

A Guide to Asset Management: What, Why, and How

Rather than, “Why Asset Management?” the question should probably be why NOT asset management? Water utilities (drinking water, wastewater, and stormwater) must manage infrastructure every single day to ensure safe, clean water enters the home and returns to the environment. Drinking water treatment and delivery and wastewater collection and treatment are the foundation of all...

PublisherWater Environment Federation

Word count9,465

Chapter purchase price $12.50

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A Guide to Asset Management: What, Why, and How

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A Guide to Asset Management: What, Why, and How is a comprehensive guide to the thought process of asset management. Often people think of asset management as a technology-driven activity—what can you do with a computer or with software—rather than realizing that it is first and foremost a way of thinking. It is a strategic process that involves five main components: current state of the assets, level of service, criticality, life cycle costing, and long-term funding. The book describes each of these components, along with ancillary topics that are necessary to fully understand and implement asset management, including:
• The Asset Management Plan
• Getting Started
• Measuring Progress
• Assessing Triple Bottom Line Benefits
• Tools and Resources Available

Author(s)

Water Environment Federation

SourceHeather Himmelberger, PE

Document typeDigital Book

PublisherWater Environment Federation

Print publication date Jun 2026

Print ISBN 978-1-57278-434-5

EISBN 978-1-57278-473-4

Volume / Issue

First / last page(s)1 - 322

Word count112,677

Subject keywordsasset managementasset implementationgreen infrastructurelong-term fundingfundinglife cycleasset inventorycost