'All things appear and disappear because of the concurrence of causes and conditions. Nothing ever exists entirely alone; everything is in relation to everything else.'

Hindu Prince Gautama Siddharta

founder of Buddhism, 563-483 BCE

What is the prevailing infrastructure asset management philosophy of your organization?

For many organizations, past efforts to "manage" these assets have typically involved using the "fix the worst first" or "squeaky wheel" approaches. Such methods have almost always resulted in spending too little or too much, too early or too late. In any case, these have resulted in increased costs of maintaining assets at a time when taxpayers, shareholders, and owners are demanding more for less.

Years ago, assets were scheduled for replacement after they were no longer serviceable. Now maintenance can be strategically planned to extend the serviceable life of these infrastructure assets. According to various university and federal government studies, the total maintenance investment for certain assets kept in "very good" condition is four to five times less than if the asset is allowed to deteriorate to a level where the only option is major rehabilitation.

The key to strategic maintenance planning is in knowing the current condition of the various elements of your infrastructure network and understanding how it is changing with time and in response to your ongoing maintenance, repair, and rehabilitation efforts.

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