Webinar on Total Cost of Ownership and Life Cycle Management

 

Executive Summary:

Please join us for the upcoming Finance, Operations & Technical Affairs, and Environmental Affairs Committees Webinar!

Date: Wednesday, July 31st

Time: 2:00PM-3:15PM EDT 

Link to the webinar:
https://aci-na.adobeconnect.com/_a990450968/strategicplanning/

Background:

Total Cost of Ownership and Life Cycle Management are topics of great importance within Asset Management.  Asset Management can be defined as "the set of coordinated activities that an organization uses to realize values from assets in the delivery of its outcomes and objectives.  Realization of value requires the achievement of a balance of costs, risks and benefits, often over different time periods."  Total Cost of Ownership (TCO) (the financial term) includes total cost of acquisition and operating costs.  TCO, when incorporated in any financial benefit analysis, provides a cost basis for determining the total economic value of an investment.  Life Cycle Management (LCM) is a business "cradle to grave" approach to managing an asset's entire lifecycle from its design and conception, through development and implementation, to service, and disposal.

Join us for a webinar on TCO/LCM on July 31, 2013 focusing on the concepts, applications and lessons learned.  Many organization's decision processes focus primarily on the investment or acquisition costs and often pay minimal attention to the overall asset life cycle costs including commissioning and disposal.  This webinar will provide an introduction to these important considerations.

Moderator:

  • David Boenitz, Director, Ground Transportation, San Diego County Regional Airport Authority

Speakers:

  • Ellen Crews, Senior Consultant, Jacobs Asset Management and Assessment Services, "Revitalizing an Airport - Understanding the Cost of Ownership"
  • Patrick Neville, Vice President, Airport Planning and Technical Services, Greater Toronto Airport Authority, "Life Cycle Maintenance & the Total Cost of Ownership - Real Life Case Studies"

Important Instructions for Participants

Logging in: To join the meeting click on the link below and enter your full name and company in the Guest field: http://aci-na.adobeconnect.com/strategicplanning/

You do not need to pre-register, just click on the link the day of the webinar and sign in. Because there is no pre-registration you must enter your full name and organization in the "guest" field so we can track participation. The webinar is for ACI-NA members only.

Audio:Once you are logged in, a dialog box will appear with two audio options. The first option allows you to input your phone number and the webinar will call your phone (a direct line or cell phone number is required). If you select the second option, the webinar will give you a conference call number and participant passcode for you to dial. The dial-in number will only be made available after you login.

Participation Limits:There is an upper limit of 150 participants. Therefore if multiple folks from your organization plan to view the webinar, it would be helpful if you share a computer when possible. If you do share a computer, please send me (lgu@aci-na.org) an email with the names of the other participants who did not log in independently. If we reach the 150 person limit and you are not able to log in, you will be able to view a recording of the webinar later.

Recording:The webinar will be recorded, and the presentations will be made available for viewing at the end of the webinar. A link to the recording will be emailed to ACI-NA members as well as posted on the Finance, Operation & Technical Affairs, and Environmental Affairs Committee websites.

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Eligible for CPE Credits!

Attendees will have the opportunity to earn 1.5 CPE credits by participating in this upcoming webinar! All members who wish to receive CPE credits must login online with your full name and company so your participation can be confirmed. During the webinar we will post a link to the necessary CPE form (which is a requirement by NASBA). You only need to fill out the form if you want to receive the CPE credits.

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This notice has been distributed to the Finance, Operations & Technical Affairs, and Environmental Affairs Committee