Asset Management Plan Development

Scott Barry

Lou-Ann Watson

NWTAC 2018 Conference

Yellowknife, May 2018

2

March 2018

3Where and how do we start?

?

March 2018

4Results

Planning for Life Cycle

Performance and Cost-

Effectiveness

Source: Allnorth

5Roads Renewal Program

Annual Renewal$ 2.2 M

March 2018

6Results

Renewal Optimization

Kerr Wood Leidal, 2017

March 2018

7Results

Informed Decision-Making

March 2018

8Financial Planning

• Reserve Policy Adopted

• Renewal Program for each asset category

• Aligned with 5- and 20-Year Capital Plans

• Aligned with annual AIDP submission

March 2018

9Council & Community Engagement

10

Making Better

Decisions

• New tools and systems

• Evidence based

• long-term view

• Cost-efficiency

• Effective risk

management

Asset Management is really

just good management!Service

Levels

Costs

Risks

Time

March 2018

11The Future of Municipal AM?

Will we still be talking about

“asset management” in 2028?

March 2018

12The Future of Municipal AM?

Questions?

13Other Renewal Programs

Vehicles & Equipment: $1 M/yr

Landfill: $0.3 M/yr