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Project: T183700 #30/107B
 

A previous project developed a guide for asset replacement strategies with an Asset Management Plan leveraging a risk-based approach. This project describes the analytical model developed to implement the three processes of Asset Identification, Project Justification, and Project Prioritization, as well as case studies implementing the model using data collected from a volunteer utility.

Keywords:

Asset management, Risk analysis, Asset identification, Project justification, Project prioritization, Asset Management Plan, Asset replacement, Asset refurbishment, Alternative analysis