State Water Corporation (SWC) is a bulk water supply business which manages a portfolio of large dam structures prescribed under the Dams Safety Act (1978). The Act sets out deterministic criteria to ensure that dam owners apply adequate consideration to dam safety for structures under their control.
With limited funding and what may seem to be endless upgrading programs to keep pace with revised hydrology, in recent years dam safety management has moved away from application of traditional deterministic criteria, toward a risk based approach. Risk assessment provides the means to trade off the varying needs of structures in a portfolio, enabling owners to prioritise limited funding resources to areas likely to have the greatest impact and benefit. The process engaged to analyse risk in SWC’s portfolio, and further to develop its capital works upgrading program will be the focus of the following discussion. Click here to read more