Combine asset data, GIS, failure history data and performance results into a single view of truth and decision making. A scalable environment that enables you identify and prioritize assets for renewal, replacement, and other actions included in the Capital Planning.
Powered by a single water infrastructure digital twin, the application provides logical, multi-disciplinary prioritization tools, in parallel with the ability to perform multiple “what-if,” risk and planning scenarios. Employing flexible and customizable rules, you can create detailed queries across multiple datasets to support all of the various stakeholders involved in the capital planning efforts.
Likelihood (LOF) and consequence of failure (COF) can be calculated for each asset based on user defined aspects or criteria. By combining LOF and COF for each asset, risk can be assessed and different risk scenarios can be compared. In the end, define your own action plans based on risk and/or asset performance. More details can be seen below.
Below you can find a short video with a demonstration:
The Capital Planning module is available within WaterSight, and can be accessed by clicking in the entry located in the left side menu of the application.
Likelihood of Failure / Consequence of failure
Figure 1. Likelihood of failure page
Figure 2.Consequence of Failure page
Figure 3. Risk Assessment
Likelihood of Failure
Consequence of failure
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