Optimized Decision Modeling for Organizational Asset Management
September 30, 2010 | Grace Mclenaghan
Infrastructure state of good repair and availability of sustainable funding are the issues at the forefront of municipal asset management. Organizational-wide prioritization of asset needs across divergent asset groups and services is a unique challenge to municipalities. The task requires a transparent, consistent, and straightforward approach to aid complex decision-making. The Region of Peel’s approach to enterprise asset management was to utilize a risk-based prioritization methodology in the Corporate Asset Management Strategy.
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