Asset management decision making

Optimising decision-making to drive best value

The establishment of asset management decision-making processes that both reflect customer and stakeholder need and define value is one of the biggest challenges water companies face. The asset management decision-making spectrum is wide, and considers whether to defer action, rehabilitate, replace or build a new asset based on business and regulatory drivers.

Using the latest decision-making and optimisation tools and frameworks, including our own in-house tools, we ensure that the capital, operational and maintenance decisions that water companies make align with their asset management strategy and organisational objectives. We use many varied programmes - our multi-capitals approach, for example, involves taking better account of non-financial information, such as natural, social and human capital, in organisational decision making so that they can recognise and respond to emerging risks, while also creating opportunities to enhance efficiency and resilience.

Drawing on our experience, we can help water companies understand the bigger picture, enabling them to make better-informed decisions, balancing risk, cost and performance, in the pursuit of best value.