Asset Management: Case Study and Guidance on Importance and Incorporation of ISO International Standards for Government Finance Officers

Asset Management, as a concept for Government Finance Professionals, continues to grow in both acceptance and importance. Governments continue to identify and eliminate asset deficits by focusing on what they already own and ensuring proper investment, care, and maintenance of their infrastructure. This webinar will give some context on the international standards that can help inform government practices in asset management. It will encourage you to think about asset management relative to the national standards and scorecards set by ASCE. And it will address the successes and challenges of re-establishing a solid asset management policy by presenting a case study with the Denver City and County Department of Transportation and Infrastructure.

Who Will Benefit: Government finance professionals seeking to improve asset management and infrastructure investment.

• Understand the concepts and content of ISO 55000, and specifically ISO 55011, focused on guidance for asset policies government can help you as a government with policy parameters and third-party validation.
• Learn more about the US Asset Management Scorecard from ASCE and get an understanding of its development and applications in advance of the 2025 release.
• Engage in a case study of a government’s implementation of Asset Management Policies for the agency from a Finance perspective. Include the initiative to develop and the evaluation of the processes inside the agency that manifest in the CIP, Asset Management Plan, and long-term financial plan.
• Gain a better understanding of potential next steps for your government as you continue on your asset management journey.