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Instructions for the Worksheet

This section presents instructions for completing the Prioritization Worksheet.

Step #1: Enter the date

Circle whether you are completing or updating the worksheet and fill in the date. You should update this worksheet at least every year. You can either make minor adjustments to the worksheet as your priorities change or problems are addressed, or start a new worksheet each year.

Step #2: List your assets

Copy your list of assets from step 2 of the System Inventory Worksheet.

Step #3: Enter assets’ remaining useful life

For each of your assets, copy the remaining useful life from step 8 of the System Inventory Worksheet.

Step #4: Describe assets’ importance

Briefly describe the importance of each of the assets to the operation of your system and the protection of public health. Assets that are required in order to keep the system running are usually more important than those that just make operation more efficient.

Step #5: Describe assets’ redundancy

Briefly describe the redundancy of each of the assets. Are there assets that can do the same job, even if they cannot do it as well?

Step #6: Evaluate assets’ priority

  • Considering remaining useful life, importance, redundancy, and any other important factors, rank your assets in terms of how important it is to reserve money for them. Write “1” next to the asset with the highest priority, “2” next to the asset with the next highest priority, and so on. You may find that you have more than one asset with the same level of priority. You can assign the same ranking to all assets with the same priority.
  • Assets with a shorter remaining useful life should have a higher priority (lower number) because you will need to rehabilitate or replace them relatively soon.
  • Assets that are more important to your ability to deliver safe water should have a high priority (lower number), because of public health protection goals.
  • Assets for which there is less redundancy should have a high priority (lower number), because your system will have trouble continuing to operate without them.

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