The overall goals for this project presented on slides were: to provide guidance to water industry managers, based on a test with real assets, including asset management options worth considering; performance measures worth tracking; benefits and costs of the options; for Management and for Stakeholders; data development and maintenance costs; and, recommendations on realistic strategies for implementation. The research team and participating utilities worked together throughout the project to identify and evaluate the options being studied. An initial list of about 50 performance measures was used to select 7 measures for study by all of the partner utilities. Additional measures were studied or documented by some project partners. Each of the utilities was asked to contribute data for a sample of up to 1,000 assets. The presentation gives an overview of the three options beginning with the Basic Option which guides investment decisions based on service life concepts; the High-End Option uses weighted performance measures to identify assets most needing attention; and, the Strategic Option identifies the impact of various investment options on system value. The presentation further outlines High-level findings regarding usefulness of options and measures for Distribution System Elements, along with future research needs for distribution system elements. Includes tables, figures.