Improving Asset Management

Improving Asset Management

DPW is tasked with operating and maintaining a portfolio of more than 400 buildings and upwards of 6,000 vehicles. Many of these assets are underutilized, while others are in various conditions of disrepair. The financial and operational demands associated with trying to maintain these assets have become increasingly difficult as the Department struggles to stretch its limited resources. In the face of current and foreseeable City budgetary deficits, these trends seem destined to continue. Strategies to reverse these trends, within current budgetary constraints, are needed, as significant increases in available financial resources are unlikely.

City buildings and the municipal fleet need to be more effectively managed. This necessitates not only the achievement of productivity improvements, but requires reductions manifest in less need for building space, vehicles, and the support costs associated with providing those services. Improving the management of the City’s automotive fleet and real estate assets are two of the overarching core recommendations of this report. In addition to the establishment of a new management paradigm to promote the more efficient and effective management of these internally managed assets and related services, the report contains a number of specific recommendations designed to achieve improvements in these areas.

 

Introduction: Department of Public Works
Focusing on Core Public Works Functions by Creating New and More Effective Management Structures
Aligning Complementary Functions
Improving Asset Management
Utilizing Managed Competition to Reduce Costs
Measuring to Manage