Risk management and performance improvement
Mitigating risk and improving performance through asset management solutions
Asset management seeks to identify the optimum blend of cost, performance and risk over the lifecycle of assets. It is a challenge for water companies to develop risk management processes which capture all risk factors in a common way, as well as provide assurance to stakeholders of their asset management activities and performance monitoring. All organisations seek better asset stewardship to become more resilient and sustainable.
All risks, including reputational, environmental, social, economic, political, technological, legislative, regulatory and safety have the potential to do harm to the delivery of an organisation’s objectives. We support water company’s operational, financial and technical managers to deliver asset management solutions with coherent alignment of financial and non-financial risks in all business activities.
We understand that an organisational culture of continuous improvement is at the core of asset management. We support water companies apply risk-based decision making to appraise investment options, apply whole lifecycle costing principles and to plan for contingencies. Our emerging technologies enable the capture of real-world data like never before – this knowledge combined with risk mitigation is the foundation of asset management.
Services
- Asset performance and health monitoring, including asset surveys and inspections
- Asset resilience analysis and contingency planning
- Risk assessment and management
- Management of change
- Asset management system review, audit and assurance through gap analysis and benchmarking
- Sustainable development
- Stakeholder management