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WDM ASSET MANAGEMENT POLICYANNEXURE Appendix 12 12WATERBERG DISTRICT MUNICIPALITYASSET MANAGEMENT POLICY29 June 2020 CONTENTS 1WDM ASSET MANAGEMENT POLICY1.2. General Information51.1Glossary Of Terms51.2Introduction51.3Regulatory
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The WDM (Water Data Management) asset management policy is a framework that outlines the guidelines and procedures for effectively managing water assets to ensure sustainability, efficiency, and compliance with regulatory standards.
Entities that manage water assets, including public and private water utilities, municipalities, and governmental organizations, are required to file the WDM asset management policy.
To fill out the WDM asset management policy, organizations must gather relevant data on their water assets, assess their condition and performance, identify management practices, and document strategies for maintenance and compliance before submitting the completed forms to the designated authority.
The purpose of the WDM asset management policy is to provide a structured approach to managing water assets, ensuring their longevity, minimizing risks, and enhancing service delivery to the community.
The information that must be reported on the WDM asset management policy includes asset inventory, condition assessments, management strategies, maintenance schedules, compliance status, and financial implications.
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