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Security and Asset Management—A Daily Double to Eliminate Jeopardy

This article discusses how the practice of good asset management coupled with strategic utility security measures can provide substantial protections and savings for water utilities. Too few utilities understand the similarities and common benefits of both asset management and security. In order for both of these to work together to promote success, the focus needs to be on risk or vulnerability assessment and management relative to a utility's assets, especially the critical ones. The article discusses the fundamentals of asset management and security, elements common to both, prioritization for determining critical assets, determining failure modes, and prevention, mitigation, response, or rehabilitation/replacement.