Case Study Application of Determining End of Asset Physical Life Using Survival Analysis: Milwaukee
This case study application provides a discussion on a selected application of advanced concepts included in the End of Asset Life Reinvestment decision-making process tool, using a utility practitioner’s data set. The tool provides step-by-step process guidance to asset managers in making the cyclical transitional decisions between maintenance, operations, and capital with a particular focus on the transition to capital reinvestment. It assists in determining which renewal strategy (maintenance/repair, refurbishment, replacement) is most cost effective and when in the life cycle of a given asset to transition from an operations and maintenance strategy to a capital reinvestment (renewal) strategy given a set of user established baseline conditions and assumptions. Published by WERF. Online PDF. (2014)
Report is part of a bundle which includes Projects INFR2R11a and INFR2R11b, as well as a tool.
Originally funded as WERF project INFR2R11b.