Infrastructure assets (water treatment plants, water distribution pipes, sewers, urban drainage systems, roads, bridges, hydropower plants, electricity transmission and distribution networks, heavy machinery equipment and vehicles, etc.) play an important role in the economic development and transformation of nations. Owning and operating these assets presents continual challenges to the managers and engineers of the utilities and public service providers. Existing infrastructure is ageing while demand grows for more and better roads, and improved and reliable water and electricity services responding to increasingly stringent regulation as well as population growth. To address these challenges, there is need for strategic asset management. Strategic asset management is an integrated optimization process of “managing infrastructure assets to minimize the total cost of owning and maintaining them, while continuously delivering the service levels that customer’s desire, at an acceptable level of risk”. It is an art of balancing performance, cost and risk. To achieve this balance requires a multidimensional approach that combines management, engineering principles, sound business practices, and economic theory.
This continuous professional development training course is delivered by the Uganda Institution of Professional Engineers (UIPE), and the training facilitator is Helena Alegre, Senior Research Officer of the National Civil Engineering Laboratory of Portugal, and head of the IWA Strategic Asset Management specialists group.