Strategic Asset Management Planning: Why Parks Need a Plan, Too

on this page

Much of the global population is acutely aware of climate change, and corporations have initiated efforts to reach Net Zero emissions. It may come as no surprise that one of the most passionate groups in the asset management community are those in the Parks and Recreation sector.

From converting large-area mowers from gas to propane to installing computerized irrigation systems for water conservation, the goal is to provide clean, safe and green spaces for communities. Accompanying this goal is a unique set of assets: playgrounds and swimming pools, boat docks and botanical gardens, pavilions, sports courts and zoos. These assets don’t maintain themselves; they require careful assessment and planning.

A strategic asset management plan (SAMP) combines asset management objectives with initiatives that provide the direction required for lower-level planning. This approach is gaining traction in the parks sector, and there may be more similarities than differences when compared with other asset management groups.

Signs are a good place to start. Most departments have some signage responsibilities—stop signs, speed limit signs, mile markers and caution warnings— that require maintenance and are often subject to normal wear and tear. Exposure to the elements can impact reflectivity, visibility and structural stability. While the signs may have different messaging, the general condition assessments and upkeep of these assets are effectively the same.

Safety requirements are common among multiple asset groups. Hiking trails and playground equipment, much like sidewalks and crosswalks, must be accessible and usually ADA compliant. This can present its own set of challenges, also not exclusive to the asset type. Regular inspections and preventative maintenance are standard approaches to meeting and maintaining these requirements, regardless of the department or group to which they apply.

Some park assets vary greatly from other assets: aquatic centers, sports fields and cemeteries often fall under park jurisdiction. In addition to following state reporting requirements for herbicides and pesticides, departments take special care to track pool chemicals and fertilizers, as well as maintain natural and synthetic turfs. Landscaping, mowing and irrigation all must be scheduled and completed to keep green areas well-maintained and inviting for residents. 

One of the most unique parks assets is trees. Unlike other standard assets that depreciate over time, trees increase in value with age. Sioux Falls, South Dakota, and Boise, Idaho, are two cities whose parks departments truly value their trees. By reversing the deterioration curve within VUEWorks®, the appreciating value of these assets can be tracked through the health, species/genus and diameter at breast height (DBH) measurements. While this model doesn’t apply to all assets, it can be applied to antiques, art and historic sites.

Ultimately, the overall goal in asset management is to enable data-driven decisions. Budget planning is an important piece of every successful parks group. Unlike toll roads and utilities that receive fee-based funding, many parks departments receive very limited funding from seasonal programs. Therefore, additional considerations must be taken when planning for annual spending:

  • Size (sq ft) of the facility, field or amenity
  • Safety compliance requirements
  • Use frequency level
  • Maintenance needs and costs
  • Environmental impacts/water conservation
  • Impacts on local wildlife
Many of these considerations are applicable to other asset types as well. While not all assets are equal, all are important to how efficiently and effectively a department can manage and maintain them. Allocating adequate funding to these maintenance efforts is a critical part of a SAMP. This may require unique configuration of the digital asset management solution to account for appreciating assets and a granular level of tracking for chemical components. Having an application like VUEWorks® that can be configured for unique requirements may be the first step toward success. 

 

DISCLAIMER

Please note that you are now leaving the AtkinsRéalis website (legal name: AtkinsRéalis Group inc.) and entering a website maintained by a third party (the "External Website") and that you do so at your own risk.

AtkinsRéalis has no control over the External Website, any data or other content contained therein or any additional linked websites. The link to the External Website is provided for convenience purposes only. By clicking "Accept" you acknowledge and agree that AtkinsRéalis is not responsible, and does not accept or assume any responsibility or liability whatsoever for the data protection policy, the content, the data or the technical operation of the External Website and/or any linked websites and that AtkinsRéalis is not liable for the terms and conditions (or terms of use) of the External Website. Further, you acknowledge and agree that you assume all risks resulting from entering and/or using the External Website and/or any linked websites.

BY ENTERING THE EXTERNAL WEBSITE, YOU ALSO ACKNOWLEDGE AND AGREE THAT YOU COMPLETELY AND IRREVOCABLY WAIVE ANY AND ALL RIGHTS AND CLAIMS AGAINST ATKINSRÉALIS, AND RELEASE, DISCHARGE, INDEMNIFY AND HOLD HARMLESS ATKINSRÉALIS, ITS OFFICERS, EMPLOYEES, DIRECTORS AND AGENTS FROM ANY AND ALL LIABILITY INCLUDING BUT NOT LIMITED TO LIABILITY FOR LOSS, DAMAGES, EXPENSES AND COSTS ARISING OUT OF OR IN CONNECTION WITH ENTERING AND/OR USING THE EXTERNAL WEBSITE AND/OR ANY LINKED WEBSITES AND ANY DATA AND/OR CONTENT CONTAINED THEREIN.

Such waiver and release specifically includes, without limitation, any and all rights and claims pertaining to reliance on the data or content of the External Website, or claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute. You also recognize by clicking “Accept” that the terms of this disclaimer are reasonable.

The information provided by Virtua Research cited herein is provided “as is” and “as available” without warranty of any kind. Use of any Virtua Research data is at a user’s own risk and Virtua Research disclaims any liability for use of the Virtua Research data. Although the information is obtained or compiled from reliable sources Virtua Research neither can nor does guarantee or make any representation or warranty, either express or implied, as to the accuracy, validity, sequence, timeliness, completeness or continued availability of any information or data, including third-party content, made available herein. In no event shall Virtua Research be liable for any decision made or action or inaction taken in reliance on any information or data, including third-party content. Virtua Research further explicitly disclaims, to the fullest extent permitted by applicable law, any warranty of any kind, whether express or implied, including warranties of merchantability, fitness for a particular purpose and non-infringement.

The consensus estimate provided by Virtua Research is based on estimates, forecasts and predictions made by third party financial analysts, as described above. It is not prepared based on information provided by AtkinsRéalis and can only be seen as a consensus view on AtkinsRéalis' possible future results from an outside perspective. AtkinsRéalis has not provided input on these forecasts, except by referring to past publicly disclosed information. AtkinsRéalis does not accept any responsibility for the quality or accuracy of any individual or average of forecasts or estimates. This web page contains forward-looking statements based on current assumptions and forecasts made by third parties. Various known and unknown risks, uncertainties and other factors could lead to material differences between AtkinsRéalis' actual future results, financial situation, development or performance, and the estimates given here.



Downloads

Trade releases