Active Risk Management Asset Management Failure Analysis & Rehabilitation Geostructural Systems & Design Reinforced Soil Structures

Asset Management

Through our approach to Asset Management, Geocomp provides a systematic business process and decision-making framework to help clients make cost-effective investment decisions. Our method combines Geocomp’s Active Risk Management™ protocol with our proven capabilities in performance monitoring, engineering, risk and reliability analyses, and cloud-based GIS data management to link asset serviceability requirements with systems management and investment strategies. Using risk assessment techniques and close monitoring of key performance indicators, our Active Risk Management™ protocol integrates effectively into our Asset Management program to organize the identification, analysis, monitoring, and mitigation of risks over the lifetime of the system. Our risk assessment input also includes the unique capability of integrating and transforming data from field instruments and routine field inspections into quantitative measures of risk to help prioritize investment decisions.

Geocomp's Asset Management team works with clients to:

  • Identify potential risks to serviceability of critical assets and quantify resulting cost impacts
  • Perform asset condition assessments
  • Realistically determine remaining service life of assets through reliability, geostructural, and statistical analyses
  • Make informed decisions by providing risk-based decision tools
  • Integrate and manage data using a cloud-based GIS platform
  • Reduce life-cycle costs by designing targeted remediation and mitigation measures
  • Defer capital expenditure by using Structural Health Monitoring to enable structural life extension
  • Develop and implement an Active Risk Management™ program