ASSET MANAGEMENT CONTINUUM POINTS THE WAY TO EAP: “It is all about the service. Basically, well-maintained infrastructure assets are worthless IF they do not provide a service,” stated Guy Felio in his keynote address at the 2017 Asset Management BC Annual Conference (Living Water Smart Series, December 2021)
“Lack of data and certainty has not stopped municipalities from providing services, managing their assets, and making effective and efficient use of their scarce resources. Extreme weather and future climate uncertainty is another variable to consider; but where to start? There are no reasons not to consider climate uncertainty in asset management. Ultimately, the focus is on the service and the community, and ensuring critical assets maintain functionality during the extreme event, and recover quickly any functionality lost!”