Across
- 3. a record of key information about community-owned infrastructure, including total quantities and value of all assets.
- 5. anticipated time left that an asset would remain functional (able to provide service).
- 7. a physical component which has value, enables services to to be provided, and has an economic life of greater than 12 months. This is also referred to as a tangible capital asset.
- 9. the funds required if an infrastructure asset had to be renewed or replaced, in today's dollars
- 11. a plan to fund a community's long-term capital and operating needs, including sustainable renewal funding for tangible assets
Down
- 1. performance metric that reflects the quantitative and qualitative goals of the community.
- 2. a snapshot in time of an asset's state of repair, at a current point its life.
- 4. the potential for undesirable outcomes resulting from an incident, event, or occurrence. This is made up of the consequence and likelihood of failure.
- 6. a program that ISC commissions, providing inspections every three years to evaluate the condition of all ISC funded infrastructure.
- 8. assets that are generally made up of components to form complex systems (e.g water systems, sanitary systems, stormwater/drainage systems, road networks, and community buildings)
- 10. a systematic approach to repairing and undertaking preventative work to optimize asset life expectancies, manage risks and sustain target service levels