Overview
We have adopted an approach to asset management, as required under the terms of the Build Communities Strong Fund – Community stream Agreement. The approach was approved by Infrastructure Canada.
Infrastructure Asset Management Alberta
Infrastructure Asset Management Alberta (IAMA) represents the greater community of a person, organization or agency that is interested or engaged in infrastructure asset management.
The community is supported by the IAMA Working Group which is a voluntary group of representatives from:
- associations
- local governments
- agencies
- private industry
- First Nations
The IAMA Working Group recognizes and integrates the administrative, technical, operational, financial and planning aspects of asset management.
Toolkit and handbook
An asset management handbook and toolkit have been developed through a cooperative effort between Alberta Municipal Affairs and the Consulting Engineers of Alberta with the assistance of the Town of Elk Point and the Village of Boyle.
The intent is to provide support documents to assist Alberta municipalities in managing their infrastructure assets.
The infrastructure in our communities is the legacy of a multi-generational investment, made by local, provincial and federal governments.
We recognize the value of the investments made in our community infrastructure, and the risks we face by not managing them for the long term.
Attention is turning toward asset management as a process for making informed decisions to achieve the goal of delivering sustainable services, managing risks and getting value for money.
Any municipality can begin practicing asset management with the information they already have.
The toolkit has been designed to help municipalities who are in the early stages of their asset management journey, or to support others with continuous improvement of their asset management programs.
The purpose of these tools is to provide a low-barrier path to municipalities to build foundations of asset management practices and thinking.
Water Infrastructure Risk Framework Tool
To support municipal owners in identifying and assessing risk to their municipal water infrastructure, a Risk Framework Tool was developed by Transportation and Economic Corridors, with the support of other government ministries, as well as the cities of Edmonton, Grande Prairie, Lethbridge, and Red Deer.
The goal is to enable consistent, data-driven prioritization of infrastructure investments across Alberta municipalities. The framework defines infrastructure risk based on the likelihood of failure and the consequences of failure.
The likelihood of failure considers the condition (age, condition rating, break history), demand (pressure, fire flow) and environmental conditions (soil, frost, and traffic loading).
The consequence of failure includes four categories: Economic (repair cost, property damage), operational (service disruption, accessibility), social (impact to people and critical services) and environmental (ecosystems and contamination).
Risk Framework and Guide Documents:
- Risk Framework and Guide
- Step 1: Raw Data Input excel file (serves as the input file for all raw data that feeds into the risk framework tool)
- Step 2: Raw Score excel file (contains the raw scores assigned to various LoF and CoF factors used in the risk framework)
- Step 3: Risk Tool excel file (the core analysis of the risk framework and provides the risk outputs)