Asset Management Capability and the Value of Asset Management

AMC Perth Nov a1The WA Chapter finished the technical sessions year with a fantastic evening attracting interest from 65 asset management practitioners with which the session exceeded all expectations - standing room only! A great show of interest and support for Asset Management in the West.

After a brief introduction, Sandy Dunn shared the difference between Asset Management capability, compliance and maturity. Next was Ernst Krauss sharing his research on understanding the value of asset management. Keen inerest and discussions continued into the following networking opportunity, where most people stayed to catch up with old acquaintances and to make some new ones. Please enjoy some snaps taken at the event below.

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Learn in your Lunchbreak

Learn at LunchWe've now just passed our sixth session in our fortnightly 'Asset Management in Action' series, showcasing projects from our Excellence Awards finalists during AMPEAK16 and 17. Thank you to Richard Lu from Sydney Trains, who took the time to tell us all about their project, the development of an Asset Information Submission Guideline, and to Jun Li from Curtin University who talked us through his project on Infrastructural Condition Monitoring.

Our series is able to reach our members far and wide from all around the world, with the benefit of them being able to join in during their lunchbreak from the comfort of their own home or office. Our webinars are able to be accessed by computer, tablet or even smartphone!

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Unlock the Value of Asset Management

BLOG 17Think asset management is just for engineers? Think again. Advanced organisation are increasingly realising that asset management maturity is critical to future operational, reputational and financial success. Discover how effective asset management provides a way of maximising value while balancing cost and risk associated with operation.

As digital transformation continues to have a profound impact on the way companies monitor, measure and manage performance, operational assets are themselves becoming more networked, intelligent and efficient.  

Read more here. (This content is available for members only, see our affordable membership options here).

The Asset Management Value Proposition

money 2724241 1920The Melbourne Chapter got together for a session last Thursday, 16 November to talk about the Asset Management Value Proposition. John Dyer, AusNet Services, and Tim Gowland, Energy Safe Victoria, explored more about the value being delivered in AusNet Services and the electricity industry more generally through asset management. The general consenis was that, for Asset Management to add value, the benefits must be greater than the cost (from the view of the stakeholder).

To obtain a copy of John's presentation shared at this session, please visit here. (This content is available for members only, see our affordable membership options here).