Taking Asset Management to the Next Level
Asset Management is an interesting term. Many definitions are published, and most are more confusing than helpful. We have managed our assets and our built environment in our communities for
Advisory Services > Asset Management
Advisory Services > Asset Management
Our strategic advisory services empower municipalities to optimize planning, management, and sustainability. From strategic Asset Management blueprints and plans to Lifecycle Strategies and Risk Analysis, we provide tailored solutions for smarter decision-making and financial resilience. Our Levels of Service Framework and Lifecycle Analysis ensure efficient asset use, guided by advanced Asset Management Software and predictive modeling.
These services are backed by our Data and GIS Services practice for spatial analytics and infrastructure mapping, as well as our Financial Reporting and Compliance practice to meet regulatory needs. Combined, they support informed planning and long-term success.
Our Asset Management Blueprint begins with a detailed current state assessment to identify challenges and gaps in existing practices. It provides a multi-year strategy with prioritized tasks, timelines, and recommendations for technology investments, process improvements, and risk management. Serving as a comprehensive guide, it supports the execution of all future Asset Management initiatives.
Our Lifecycle Framework delivers a detailed inventory and condition analysis, lifecycle modeling, and replacement cost analysis. By leveraging advanced tools and data-driven decision-making, it enables strategic planning, prioritization, and continuous improvement to optimize asset performance, minimize overall costs, and align with your unique organizational goals.
Our Risk Analysis Framework assesses the overall risk potential for your current infrastructure and compares it to municipal goals, regulatory requirements, and financial sustainability – while measuring asset-specific risks based on condition, environment, and usage. It also integrates climate concerns to enhance resilience, reduce vulnerabilities, and support more proactive planning.
Our Levels of Service Framework helps municipalities assess current performance and identify gaps, ensuring maintenance and investment decisions align with immediate needs. By engaging stakeholders and setting clear targets, we support long-term strategic planning to enhance or expand services, addressing community expectations and future growth effectively.
The comprehensive services of our Asset Management practice can align your Asset Management Plan (AMP) with strategic objectives while providing a clear understanding of asset value and condition. By leveraging our lifecycle, risk, and financial advisory expertise, you can develop a strategic plan designed to promote long-term sustainability of your assets.
Since 2012, the Township of Central Frontenac has used the Citywide Platform and leveraged PSD Citywide’s Asset Management Advisory Services. In addition to cost savings, the Township has seen benefits across departments such as easier reporting, visibility and traceability.
Asset Management is an interesting term. Many definitions are published, and most are more confusing than helpful. We have managed our assets and our built environment in our communities for
A global health crisis – resulting in an economic downturn – reminds us once again of the challenges faced by municipal practitioners. Municipal staff continue to serve their community as
Small communities in Canada may serve fewer citizens and own fewer assets, but they are still required to deliver the same range of necessary services to their residents. As they
Our team of experienced Asset Management advisors are here to help you. Complete the form below to schedule a needs assessment call and start your Asset Management journey today!