The devastation of Hurricane Helene will impact multiple generations in western North Carolina.

We are at a pivotal time in physical asset management. The nexus of technology, AI, and the new workforce makes it so.

The purpose of a useful life estimate is to determine how long an asset will remain in useable condition. "Useful life" is not the same...

Monte Carlo analysis has some key limitations which make the technique a major cause of concern for new project development. This article...

The Chance of Rain Most people do not understand what the chance of rain means. Some believe it means it will rain "30% of the day,"...

Monte Carlo simulations are the best approach for assessing uncertainty for future infrastructure and facilities funding requirements....

Understanding the total cost of ownership is a fundamental principle of asset management of facilities and infrastructure. However, all...

Hurricane tracking is very good these days, especially in forecasting storm intensity and location two to seven days in advance....

A lifecycle replacement forecast provides a financial forecast of the total investment needed by an organization to keep its facilities...

Drinking treated wastewater is still a few years away because there is not enough demand for it. The technology exists that makes it...