Asset Management IQ Section V






D. Does the organization have a validation1 process for its capital projects that includes consideration of non-asset solutions as well as non-traditional approaches (i.e., green infra-structure, decentralized treatment, water conservation to reduce need for new sources)?
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0 The organization does not have a validation process and does not consider non-asset solutions nor non-traditional approaches. ( 0 points)
The organization sometimes investigates non-asset solutions or non-traditional approaches when evaluating capital projects. Doing so is not part of a standard validation process. ( 1 point)
The organization is developing a validation process for capital projects, but has not yet implemented it. ( 2 points)
The organization has developed a validation process for capital projects including the consideration of non-asset solutions or non-traditional approaches when evaluating capital projects. The process has been tested on a few capital projects. ( 3 points)
The organization is implementing a validation process that includes the consideration of non-asset solutions and non-traditional approaches. The validation process is notyet used for all capital projects. ( 4 points)
All capital projects (or all projects greater than a set cost threshold) undergo a validation process that includes the consideration of non-asset solutions and non-traditional approaches. ( 5 points)

1Validation means objectively looking at capital projects to determine if the proposed capital project is necessary, cost effective, and the appropriate solution. This process involves documenting potential operation and maintenance activities that could forestall the need for a capital project, examining a wide range of alternative approaches, and ensuring that the scope of the proposed project is appropriate.


E. Does the organization have a program to analyze the use of operation and maintenance processes to extend the life of the existing assets?
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0 The organization has no program to analyze the use of operation and maintenance processes to extend the life of the existing assets. (0 points)
The organization is currently developing a program to analyze the use of operation and maintenance processes to extend the life of the assets. (1 point)
The organization has a simple program to analyze the use of operation and maintenance processes to extend the life of existing assets. The organization has not yet used operation and maintenance practices to extend the life of assets. (2 points)
The organization has a simple program to analyze the use of operation and maintenance processes to extend the life of existing assets. The organization has used operation and maintenance practices to extend the life of assets when appropriate. (3 points)
The organization has a robust program to analyze the use of operation and maintenance processes to extend the life of existing assets. The organization has not yet used operation and maintenance practices to extend the life of assets. (4 points)
The organization has a robust program to analyze the use of operation and maintenance processes to extend the life of existing assets. The organization has used operation and maintenance practices to extend the life of assets when appropriate. (5 points)

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