WATCH: Prioritizing Assets Using Risk-Based Planning
In this edition of Water Finance & Management Conversations, we talk with Greta Vladeanu, Senior Program Engineer-Data Insights, with Xylem.
Vladeanu gives us a detailed overview of how utilities can develop an effective pipeline management program, how approaches to managing transmission mains differ from distribution mains and applying risk results to practical planning, as well as long-term budgetary planning.
Vladeanu also walks us through Probability and Consequence of Failure, how each is used for management purposes, and the benefits of using quantitative risk vs. the industry standard factor-based approach.
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