Abstract

Balancing Risk and Funding: Risk-Based Capital Program ManagementMany utilities have discovered that fine tuning their capital planning process to integrate asset management concepts and tools can yield cost savings and performance improvements. The Birmingham Water Works Board (BWWB) made the decision to kick off their asset management efforts with a business oriented and financially driven Capital Investment Plan (CIP) process that focused on project...Author(s)Richard JacobsSonny JonesT. Carter JasonDavid SklarSourceProceedings of the Water Environment FederationSubjectSession 18: Risk Based Approaches for Asset ManagementDocument typeConference PaperPublisherWater Environment FederationPrint publication date Jan, 2010ISSN1938-6478SICI1938-6478(20100101)2010:1L.468;1-DOI10.2175/193864710798286155Volume / Issue2010 / 1Content sourceUtility Management ConferenceFirst / last page(s)468 - 478Copyright2010Word count221Subject keywordsCapital planningrisk managementproject prioritization

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