In August 2013 Yorkshire Water appointed Business Modelling Associates (BMA) to support the creation of an integrated risk and cost modelling capability. BMA have used River Logic’s Enterprise Optimiser software to create a suite of risk and cost models, many of which are now deployed to technical, risk and planning functions across the organisation. These models range from the very detailed representation of operational processes, used to optimised daily plans, through to a whole business model of the asset base (from ‘source’ to ‘sea’) which is used to assess the performance impact of more strategic risks, investment and operational strategies across a 40 year timeframe. In between, tactical models focus on water and waste water assets and are used to assess the impact of decisions over a 5 year timeframe, typically considering the risk, financial and performance impact of investments and/or more substantial process changes.
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