7th Public Sector Life Cycle Costing for Asset Management

Best practices for Life Cycle Costing application
Date: February 10 & 11, 2015
Location: Toronto
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Highlights

Evaluating infrastructure options

LCC analysis for pavement infrastructure, water and wastewater systems, underground mains/pipes and new intelligent and green buildings

How to assess the accuracy of your LCC

Ways to improve budget decision making through LCC

LCC and asset management decision making for sustaining service levels

Asset valuation in the context of LCC and asset management

And much more!

Faculty

FACULTY
COURSE LEADERS
David Katz, Sustainable Resources Management
David Katz is President at Sustainable Resources Management. His practice focuses on energy management, building automation, technology product assessments, sustainable “green” buildings, renewable energy systems, distributed generation and the competitive opportunities arising from the worldwide deregulation of utilities.
Don M. Barry, IBM Canada Limited
Donald Barry is an Associate Partner at IBM Canada. He leads IBM's Asset Management Solutions and Professional Services Practice. Don is experienced at creating distribution process improvements and developing inventory reduction strategies with increased service levels.
CO-LECTURERS
Alexander Bakulev, Toronto Hydro
Alexander Bakulev is Manager, Power System Event Management & Business Optimization at Toronto Hydro. He has about 10 years of professional experience in asset management.
Randy Grant, Cameco Corporation
Randy Grant is Senior Reliability Specialist at Cameco Corporation. With 25 years of experience, he is a recognized expert on reliability issues and a Certified Maintenance and Reliability Practitioner.
George Illaszewicz , Associated Engineering
George Illaszewicz is Asset Management Engineer at Associated Engineering.
Sarath Liyanage, Ministry of Transportation - Ontario
Sarath Liyanage is currently the Team Lead of Information Management in the Investment Strategies Branch of Ministry of Transportation - Ontario. He has more than 27 years of experience in engineering, project management and infrastructure planning in national and international settings.
Marcia O’Connor, AM FM Consulting Group Inc.
Marcia O’Connor is President of AM FM Consulting Group Inc.
Saidur Rahman, Town of Oakville
Saidur Rahman is Senior Infrastructure Project Leader, Engineering and Construction Department at The Town of Oakville.
James Reyes-Picknell, Conscious Asset Management
James Reyes-Picknell is Co-founder of ConsciousAsset. He facilitates human, process and technology improvements aimed at delivering safe, reliable uptime.
William (Bill) Roth, Roth Integrated Asset Management Strategies Ltd.
Bill Roth is Managing Partner at Roth Integrated Asset Management Ltd. He has nearly 20 years of experience collaborating with clients to help them design, execute and monitor integrated asset management strategies that address the multiple issues that compete for limited capital dollars.
Ilmar Simanovskis, Town of Aurora
Ilmar Simanovskis is Director of Infrastructure and Environmental Services at the Town of Aurora. He has been in the construction and service delivery sector for 24 years.
Jet Singh , Patheon Inc.
Jet Singh is Engineering and Maintenance Manager at Patheon Inc. His responsibilities include overall plant maintenance, engineering and projects. He works closely with his internal production, quality and compliance teams to ensure all required regulatory production and quality requirements are satisfied.

Program

COURSE PROGRAM
Principles and Implementation of Life Cycle Costing for Asset Management
When implemented correctly, accurate life cycle costing initiatives will improve accountability, maximize cost savings and minimize risk. This session will outline ways to ensure proper implementation of LCC and establishment of sound LCC principles that will set the process on solid ground, with a focus on a simple, pragmatic and practical approach to life cycle costing.

Building economics standards for LCC

Costs to be considered

Data sources: project specific and public predictions

How to assess the accuracy of your LCC

What uncertainties will always remain and how to mitigate them?

Making unavoidable assumptions

Risks in establishing LCC

How LCC Influences Asset Valuation In An Asset Management Implementation Plan
Best practice asset management is achieved by adopting a life cycle approach that uses transparent, informed decision-making processes. Asset valuation plays an important role in planning future investments and in reporting past expenditures. In this session, you will explore different methods for measuring your infrastructure's value and ways for asset management and LCC to support valuation and investment planning exercises.

What is Life Cycle Costing LCC?

Why Value Assets?

AV methods

Valuation terminology

Implications of LCC on AV

Sample Reports

LCC For Infrastructure Projects: Looking at Best Strategies for Applying LCC
The challenge of funding the significant costs of infrastructure repair, rehabilitation and renewal is a paramount concern for government. Deploying LCC techniques to optimize infrastructure management becomes critical to identifying funding gaps, adequate budget allocation and forecasting to assist in proactive investment decision-making. This session will examine LCC techniques applicable to optimizing the challenges in infrastructure management.

Purpose of a long-term infrastructure plan

Projecting long-term costs for repair, rehabilitation and renewal

Using LCC to evaluate pavement infrastructure options

LCC for transits and other transportation infrastructure

LCC for underground utilities and electricity projects

LCC for roads & sewers

LCC and Level of Service: A Decision-Making Dilemma
This session will examine how effective LCC and asset management implementation plans can help sustain a broad range of service levels in order to meet the increasing demands on existing infrastructure.

Defining the service level goals and objectives for municipal infrastructure

Leveraging LCC and asset management to help meet mandated service levels

Determining level of maintenance to deliver service levels and extend the useful life of assets

Considering the key parameters: safety, customer satisfaction, quality, quantity, capacity, reliability, responsiveness, environmental acceptability, cost and availability

Developing an Asset Management Plan for Utilities
This session looks at specific case study examples of how to develop asset management plan for utilities.

Business Process to develop a plan

Key drivers of the plan

Strategic goals to develop a plan

Cost-benefit analysis including Social values

High-level life-cycle costs considerations

LCC for Public Sector Infrastructure Projects: Bright Green Buildings
Utilities and Governments are providing funds to retrofit existing public sector buildings in order to save energy and reduce carbon emissions as well as report their plans to their constituents. Life cycle costs must be applied to the evaluations of proposals so that higher initial costs that provide the long term energy and cost savings are not rejected under the traditional lowest submitted cost procurement rules. This discussion details how to incorporate LCC for public sector building projects.

Evaluating energy conservation measures including building automation upgrades using LCC

Estimating bright green building costs and the operating and occupancy benefits

Convergence of information and automation systems and many new technologies

Calculating cost reductions over time with ever increasing energy costs

Case study of a LCC analysis for a bright green building

LCC for public sector infrastructure projects: bright green buildings

Ensuring Sustainable Services with LCC
This session will examine how a major international airport uses LCC as part of its asset management strategy to sustain effective service levels to its customers, including:

Working with service level goals across a wide variety of areas

Implementing and meeting service levels and minimum service level standards

Importance of identifying and obtaining the right data

Monitoring standards and service levels to ensure that they meet goals and objectives

Financially planning for the appropriate level of maintenance to deliver service levels and extend useful life of assets

How to Integrate LCC into Budget Discussions
Life cycle costing can be integrated into meaningful capital planning and budgeting decision, so that a full account can be taken of each available opportunity to improve asset performance. This session will look at improving decision making from acquisition to disposal through integrating life cycle costing into budget decisions.

Ways to improve budget decision making through LCC

Understanding the data requirements and data availability for LCC

Ensuring the quality and accuracy of data for improved LCC budget decision making

Being specific about the amount of data and type of data to be collected

Evaluating whether you can reliably predict future costs from current data

Multimedia Presentations

MULTIMEDIA PRESENTATION
Environmental LCC management: Building sustainable communities
Suzanne Beale
The Town of Whitby
Developing an asset management plan at the City of London
Jason Davies
City of London
Revisiting the LCC techniques for optimizing infrastructure funding gaps
Steve Lipsett
Infrastructure Ontario
Ensuring sustainable services with LCC at Toronto Hydro
Ivano Labricciosa
Toronto Hydro
LCC for water & wastewater treatment plants
Steve Fleck
Stantec
Developing an asset management plan
Blaine Parkin
City of Barrie
LCC and level of service: A decision making dilemma
Steve Lipsett
Infrastructure Ontario
Using LCC to evaluate pavement infrastructure options
Dave Hein
Applied Research Associates, Inc.
Principles of life cycle costing
Paul Hughes
Carillion Canada Inc.
Evidence based decisions in life cycle costing
Ali Zuashkiani, Ph.D.
University of Toronto
Case study: Using LCC analysis to evaluate the economic age of underground mains/pipes
Dr. Ali Zuashkiani, Ph.D. in Physical Asset Management
Centre for Maintenance Optimization and Reliability Engineering,University of Toronto
Using LCC to evaluate municipal infrastructure options
John Henry
City of Vaughan
Improving LCC decision-making through capital planning data
Ali Zuashkiani
Conscious Asset Management
Life cycle costing as a risk management tool
Roy Shore
Physical Planning Technologies Ltd.
Benefits of life cycle costing: getting buy-in
Stephen Kenny
Atomic Energy of Canada Ltd.
Linking predictive modelling with LCC strategy
Hesham Osman
UMA AECOM
City of Hamilton: A life cycle plan for all municipal assets
John Murray
City of Hamilton
Risk management models for LCC
Jeff Switzer
Capital Planning Solutions Inc.
Ensuring the quality and accuracy of capital planning data for improved LCC decision making
Jeff Switzer
Capital Planning Solutions Inc.
Life cycle planning at OPG Hydro
Allan Reid
Ontario Power Generation Inc.
Life cycle costing, risk and finance in PPP projects
Shamshad Madhok
PricewaterhouseCoopers LLP
Asset evaluation in the context of asset management and life cycle costing.
Casey Goossens
VFA Canada Corporation
Life cycle costing for transportation and roads
Ralph Haas
University of Waterloo
Determining costs of ownership: The real costs of an asset
Bob Munro
CH2M HILL Canada Limited
Utilizing life-cycle costing models as a logistics management decision tool
Roopchan Lutchman
CH2M Hill Canada Limited

Participants

AM FM Consulting Group Inc.

Associated Engineering

Cameco Corporation

Conscious Asset Management

IBM Canada Limited

Ministry of Transportation - Ontario

Patheon Inc.

Roth Integrated Asset Management Ltd.

Sustainable Resources Management

Toronto Hydro

Town of Aurora

Town of Oakville

Who should attend

Public-sector officials involved in: capital and infrastructure planning, water and wastewater infrastructure, transportation infrastructure, finance, corporate services, accounting for asset management, financing and risk management, civil engineering, l

Price

Price list:-
  • Course: $1975
  • Webcast only : $1575
  • Webcast and Proceedings : $1874
  • Course and Proceedings : $2274
  • Proceedings Only: $799
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Additional Information

REGISTRATION:
To reserve your place, call Federated Press toll-free at 1-800-363-0722. In Toronto, call (416) 665-6868 or fax to (416) 665-7733. Then mail your payment along with the registration form. Places are limited. Your reservation will be confirmed before the event.
LOCATION:
Courtyard by Marriott Downtown Toronto, 475 Yonge Street, Toronto, ON, M4Y 1X7, (800) 847-5075
CONDITIONS:
Registration covers attendance for one person, the supplementary course material as described in this document, lunch, morning coffee and refreshments during breaks are provided for registered duration. The proceedings of the event will be captured on audio or video. Multimedia proceedings with all slides and handouts can be purchased separately on a CD-ROM which will also include the event material.
This event is being webcast. A camera will capture the person making the presentation. A camera may also capture the registration desk. The public webcast only includes the presentation. By registering, you agree to waive any recourse against Federated Press as a consequence of the webcast of your presence at the event. Please enquire with onsite hosts if you wish to ensure that your seat is outside the scope of the webcast.
Workshops are not covered in webcast.
TIME:
Registration begins at 8:00 a.m. The morning sessions start promptly at 9:00.
CANCELLATION:
Please note that non-attendance at the event does not entitle the registrant to a refund. In the event that a registrant becomes unable to attend following the deadline for cancellation, a substitute attendee may be delegated. Please notify Federated Press of any changes as soon as possible. Federated Press assumes no liability for changes in program content or speakers. A full refund of the attendance fee will be provided upon cancellation in writing received 13 days prior to event date. No refunds will be issued after this date. Please note that a 15% service charge will be held in case of a cancellation.
DISCOUNT:
Federated Press has special team discounts. Groups of 3 or more from the same organization receive 15%. For larger groups please call Sandra Frattolillo at 1-800-363-0722, ext. 223 to get more information.
PAYMENT:
Payment must be received seven days prior to the event date.