Recent Posts by Jack Lucy and Dave Bullard

In our first post in this series, we described the cyclical path followed by every utility asset, a path marked by five distinct, connected lifecycle stages. The first stage in this path, of course, is asset planning. When beginning to plan for a new asset, you must consider both the risks and the benefits of each potential utility capital project. Effective project planning is crucial to selecting the projects that will deliver the greatest value for your investment. Further,...

Without assets, utilities would have very little to do. Their operation and maintenance are vital to a utility’s safe delivery of reliable energy to its customers. Yet, despite their critical role, the humble asset has not yet undergone the kinds of transformation in performance management seen in customer engagement or human resource management domains. Approaches in asset management have evolved incrementally over time—with different people, processes and systems...