Principal Consultant, Network Planning
14:10 Integrating Risk Management and Whole of Life Asset Management in a Rapidly Changing Utility Network
Things are moving fast in the utility space, and the transition into new technologies is challenging the whole of life asset management planning. As assets become digital, life cycle tends to be shorter, but it is essential for utilities to rethink techniques and strategies to enable flexibility in the future. This session will look at how to best develop your assets’ resilience in the future through the integration of risk management with whole of life asset management.
- Evaluating the importance of embedding risk management practices to combat unpredictability of emergency and weather disaster affected on aging assets
- Building away from minimum standards to improve and change projection of asset management response in an area where risks can continuously intensify
- Using technology and digital assets to your advantage – how to improve flexibility and life cycle with the right data systems and condition based monitoring techniques