What is it about?
A reduction of technical uncertainties in water supply schemes including design changes; redundant of engineering risk costs, introduction of energy efficient technology during project operation may reduce project risks Hence, based on the simulation results, it is confirmed that, the risk analyses procedure may improve regional water supply technical and economy performances (e.i. NPV parameters).
Featured Image
Why is it important?
Application of risk analyses in regional water supply project may improve predicted economic performance, as the identified risks have been partially or fully mitigated and controlled
Perspectives
One of the critical points to make a decision "go or no go" to develop water supply project is by quantification of the project risks. This paper discuss it. Thus it is interesting to read this paper to understand the role of risk analyses may play in development of regional water supply projects
Dr Ari Sandhyavitri
University of Riau
Read the Original
This page is a summary of: Risk Analyses for Riau Regional Water Supply Projects (SPAM), Indonesia, Applied Mechanics and Materials, July 2015, Trans Tech Publications,
DOI: 10.4028/www.scientific.net/amm.776.127.
You can read the full text:
Resources
Risk management in water supply
It has been acknowledge that the decision-making process involved in water supply project appraisals have not been free of risks. In order to optimise project investments and resources in the context of objectives and targets, all financial, managerial and technical resources need to be systematically controlled through risk management procedures. It is essential to identify the most significant risks and apply the most effective mitigation measures. The CASPAR (Computer Aided Simulation for Project Appraisal and Review) Risk Management software package is applied to a case study project to evaluate the role that risk management can play in improving the commercial viability of water supply projects over extended project horizons (typically 25 years). Key risks are identified and the financial implications of risk mitigation measures for such risks are evaluated.
Sustainable water resources management in Indonesia
Various threats in the operation of water supply industry (PDAMs) in Indonesia were identified, this paper highlighted six major threats, they may include; limited scale of PDAMs service coverage; limited access to capital investment; low water tariff and poor cost recovery to pay debts and project operation; poor staff performances, high levels of unaccounted for water, and political as well as environmental risks. Strategic plans for mitigation of the threats were proposed at three levels of authority: (i) at the Central Government level; (ii) local/regional governments; and (iii) water utilities. By understanding the nature of the PDAMs threats, and better preparation of holistic strategy for managing the identified threats at various governmental levels, it is expected that sustainability of PDAMs operation might be achieved systematically
Contributors
The following have contributed to this page
