Making sure that sufficient funding is allocated to capital needs is a challenge for all governments. To get the most out of its assets, it’s imperative that governments strategically and quantitatively determine how to allocate scarce funding for asset maintenance and replacement. This session will provide an introduction to developing an asset management program and include recommendations on building an asset inventory, assessing current condition, prioritizing asset maintenance needs, and determining the appropriate time to replace or improve assets. Speakers will also provide recommendations for how to get started for governments of all sizes.
From the Cradle to the Grave: Life Cycle Costing
Tuesday, May 21, 2019 - 10:20am to 12:00pm
Field of Study:
Specialized Knowledge & Applications
Familiarity with capital planning and asset management concepts.
Interim Finance Director
City of Country Club Hills
Senior Financial Policy Advisor
Government of the District of Columbia (OCFO)
Director of Asset Management
Program Manager, Enterprise Financial Systems
Government of the District of Columbia