Capital Planning and Asset Management

Preparing and Implementing a Capital Improvement Plan for Utilities

eLearning Course

July 17, 2024

2-5 p.m. ET

July 18, 2024

2-5 p.m. ET

  • Field of Study: Finance
  • Credits: 6
  • Prerequisite: None

NOTE: This course is only available to utility employees. This is an abbreviated version of the three-day Capital Planning course focused on the specific needs of utility organizations and is not meant as a substitute for the full course.

Capital assets are the largest investments for most utilities: from planning, to financing, to construction, to operations, maintenance, and replacement. Therefore, making generational investments and maintaining capital infrastructure in the condition necessary to preserve and enhance your community’s vitality and quality of life takes forethought and planning.

This course will walk you through examples using best practices in long-range capital planning, budgeting, and asset maintenance planning as a foundation to discuss successful methods and many of the common challenges associated with the process.

Who Will Benefit: CFO/Finance Director, Budget Manager, Budget Analyst, Debt Manager, Dept Director

Learning Objectives:
  • Those who successfully complete this seminar should be able to:
  • Understand the importance of preparing a long-range capital plan
  • Identify the key characteristics of an effective capital planning process
  • Identify what information you need to initiate an effective capital planning process
  • Leverage existing work from across departments in the development of the capital plan
  • Identify common obstacles to developing a long-range capital plan and learn strategies to overcome them
  • Develop strategies for incorporating meaningful stakeholder participation in your capital planning process
  • Understand how capital project budgeting differs from the operating budget and how the capital budget and continues capital investments can be incorporated into the annual operating budget
  • Gain a better understanding of the role and responsibility of the finance officer in preparing a capital improvement plan
  • Differentiate capital planning priorities and strategies between new projects and existing infrastructure asset management
  • Explore the importance of asset management on the capital plan and its relationship to the operating budget

  • Member Price: $420.00
  • Non-member Price: $420.00