Back to Capital Planning & Risk-Based Prioritization
Asset Management · Capital Planning & Risk-Based Prioritization

Capital Improvement Plan (CIP) Structure

A multi-year CIP translates prioritized needs into a funded, scheduled project list.

A well-structured CIP spans multiple years (commonly 5-10), balancing near-term urgent needs against longer-term planned replacement and growth-related capacity projects.

Grouping smaller, related projects (multiple short pipe segments in the same corridor, for example) into a single combined project often reduces total delivery cost compared to executing each individually.

A CIP that's purely reactive, funding only projects driven by recent failures, tends to underinvest in proactive replacement of assets nearing end of life but not yet failed.

Coordinating utility capital projects with other planned infrastructure work (road paving, other utility replacement) in the same corridor avoids the costly outcome of digging up newly paved streets.

Stay Current

The industry's most useful newsletter, straight from the plant floor.

One email. No fluff. New lessons, equipment breakdowns, and process control notes, delivered when there's something worth reading.