Utility Infrastructure Asset Management Workflow

You have 2 options:
1. Download the Workflow as PDF for Free and and implement the steps yourself.
2. Use the Workflow directly within the Mobile2b Platform to optimize your business processes.

We have a collection of over 7,000 ready-to-use fully customizable Workflows, available with a single click.

Pricing is based on how often you use the Workflow each month.
For detailed information, please visit our pricing page.

A comprehensive framework that enables effective management of utility infrastructure assets throughout their entire lifecycle. It involves planning, executing, monitoring, and controlling activities to ensure assets are designed, built, operated, maintained, upgraded, or replaced in a way that maximizes their value while minimizing costs and risks. This workflow typically includes stages such as asset identification, condition assessment, prioritization, scheduling, execution, and review, along with continuous monitoring and improvement.

Implementing a Utility Infrastructure Asset Management Workflow can benefit your organization in several ways:

• Improved asset condition assessments and prioritization
• Enhanced maintenance scheduling and resource allocation
• Increased transparency and accountability through standardized data collection and reporting
• Reduced costs associated with unplanned repairs and replacements
• Compliance with regulatory requirements and industry standards
• Better-informed long-term planning and decision-making
• Integration with other business processes, such as capital budgeting and customer billing
• Identification of opportunities for energy efficiency and cost savings
• Improved public trust and confidence through more efficient and transparent operations

1. Asset Identification: Cataloging and tracking all assets within the utility infrastructure.
2. Condition Assessment: Evaluating the physical state of assets to determine their remaining useful life.
3. Maintenance Planning: Scheduling maintenance activities based on asset condition and operational requirements.
4. Work Order Management: Coordinating and controlling work activities related to asset maintenance and repair.
5. Performance Monitoring: Tracking key performance indicators (KPIs) such as maintenance frequency, duration, and cost.
6. Risk Analysis: Identifying potential risks associated with assets and developing strategies to mitigate them.
7. Budgeting and Funding: Allocating financial resources for asset management activities based on prioritized needs.
8. Stakeholder Engagement: Communicating with various stakeholders (internal and external) about asset management plans, progress, and outcomes.