Many utilities lack the depth of data needed to implement more cost-effective asset-management systems like condition-based monitoring and maintenance methods, which utilities in Europe and Asia are adopting to enhance the efficient use of capital and reduce operations and maintenance costs.
When integrated into modern disaster risk management schemes, traditional management techniques have proven to be efficient and cost-effective tools to mitigate environmental risks and reduce vulnerability.
In one analysis by the Office of Management and Budget, of the 30 least cost-effective regulations throughout the government, the EPA had imposed no fewer than 17.