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Asset Graphs File now has Variable Years of display

The Asset Graphs file within the Financial modelling software has a new user definable feature.

The graphs within the file can now be set to display for any period between 5 and 50 years.

The full modelling period has always been 50-years. But up until now the display was preset to 20-years.

This amendment will be of great use in creating 10-year financial plans, or for projecting out beyond 20-years to observe the longer term trends.

Amended software available for download as at 24/10/13

 

 

In April 2013 we amended our Model All file so that it could develop a proposed expenditure profile to deliver a desired condition outcome within a designated time frame.

We have just released an update that has automated this process so that it can now be run for all 20 individual data sets within the Model All File via the one operation.

For example: Your road assets as a total gorup current have 6% of over intervention assets. The latest amendments allow you to deliver proposed funding scenarios that can.

  1. Reduce to 6% of over intervention assets to a selected figure (say 2%)
  2. Get to the 2% figure within a specified time 1-20 Years
  3. Allow for an annual % funding increase within the process.

The ability to easily create funding profiles to achieve a variety of different condition outcomes will greatly enhance the scope of the software.

 

Our Financial Modelling software has been amended to extend to 10 the number of user defined sub asset sets within the Split Asset Worksheets.

This will enable you to now model your building assets in up to 10 user definable sub groups instead of the existing 4 in the older version of the software.

 

 

We were asked to have a look at a problem that existed with the financial modelling of Footpath and Kerb assets. Within the Roads Module the condition rating for both of these asset classes is undertaken in two ways. Firstly a single overall condition is assessed for each asset section and then the extent of any isolated failure that needs repairing is also recorded.

Because the Isolated Failures were identified separetely they did not impact heavily enough on the overall condition and when modelling was undertaken on the two asset classes it often resulted in an understatement of the probleb because it did not directly include the failed sections within each segment.

We have overcome this problem by providing an option within the Condition Sheet of the two files that converts all isolated failures to a new temporary record on the sheet of poor condition asset to the extent of the failure. In this way when the model is directly populated from the condition sheet of the two files all failures will be represented in the condition distribution as poor condition assets requireing early renewal attention.

This amendment better reflects the way in which the assets are managed.