‘Across the rail industry, more assets will be required to meet increasing passenger and freight demand. In addition, rail organisations with limited resources will be judged on their ability to deliver more from their asset base while providing a clear audit trail on assets under their control and justification of utilisation decisions taken.’

A viewpoint by Evan Monkhouse, senior consultant, Interfleet Technology

To read Evan’s full article which includes reference to The Asset journal Issue 3, Volume 5, 2011 and the Asset Management Council’s involvement in the International Standards development, click here

http://www.railexpress.com.au, first published 14 March 2012