The winners of the Asset Management Council’s Asset Management Excellence Awards were announced during the AMPEAK Gala Dinner on Tuesday 6 April. Below is the list of the winners in each category. Congratulations to all!

Asset Management Innovation Award
Duratec in collaboration with AECOM and BHP – BHP Berth C&D Structural Remediation

BHP (Asset Owner), AECOM (Owner’s Engineer), and Duratec (Contractor) completed the BHP Berth C & D Structural Remediation Selection Phase Study Project (The Project) in 2022, setting a new standard for the procurement and scoping of major marine asset remediation projects. The project involved innovative approaches, including a 2-5mm 3D reality model for 1.2km of wharf structure, bespoke online software for defect management, and a collaborative approach to inspection, testing, and design, resulting in a robust procurement framework for the asset’s life extension. The project was delivered over approximately 12 months, starting in mid-2021.

Asset Management Information Management Award
Sydney Trains – Measurement and Inspection Digital Twin (MIDT)

MIDT applied strategic asset management principles to transform manual labour-intensive maintenance inspection processes that have existed for decades into automated, integrated, and connected digital processes, improving asset insights and decision making, enabling predictive maintenance practices, improved sustainability, and the welfare and safety of employees.

Using LIDAR data collection technology to automate measurement and inspection activitiesfor10 technical maintenance plans removed 40,000 hours per annum of manual inspection activities from the rail-corridor, improved network availability, and increased Asset Master Data integrity, location and condition accuracy enabling asset visualisation, integration, and the foundations for Predictive Maintenance practices.

Asset Management Cost, Risk, Performance Award
Ausgrid – Consolidated Asset CBA Model Project

During 2021-22,Ausgridundertook a significant project to develop, advance and implement our asset decision-making models and framework. We did this to inform our asset replacement and defect rectification activities for the purpose of targeting opportunities in relation to:

  • Establishing a prudent bottom-up, planned replacement and defect rectification portfolio.
  • Providing granularity to the prioritisation of asset investments.
  • Consistency across the business in the application of this priority.
  • Creating visibility of the risk, cost and performance drivers for the work, and
  • Creating transparency of what informed the priority as well as the benefits and residual outcomes once successfully completed.

Asset Management Sustainability Award
Ventia in collaboration with Transurban – Hills M2 Motorway Sustainability Achievements

In 2022,Transurban (with the support of its incident response and maintenance contractor, Ventia) achieved significant sustainability outcomes at its Hills M2 Motorway asset. Innovative solutions were deployed, in line with asset management best practice, resulting in success in diverting waste from landfill, reducing greenhouse gas emissions, generating biodiversity value and enhancing customer travel.

Independent verification of the sustainability outcomes was undertaken by using the Infrastructure Sustainability Council’s IS Operations rating scheme, and the Hills M2 Motorway was subsequently certified at an “Excellent Operations IS Rating”, with a score of 69 points-the highest operations rating within the industry

Asset Management Resilience Award
Southern Ports – Asset Resilience through Digital Innovation

Southern Ports has radically transformed its asset management system into a fully-integrated and digitalised, ISO 55000-compliant system – positioning itself to thrive in smart, technology-enabled supply chains of the future.

Its new asset management system (AMS) intrinsically links each element of the organisation’s asset management framework and context to its organisational drivers to deliver as system that promotes resilient asset management across Southern Ports’ billion-dollar asset base.

The first of its kind in Australia, the system delivers unrivalled levels of intelligence in near real-time – enabling Southern Ports to rapidly prepare, predict and pivot to continuously enhance asset and organisational resilience over time.

Asset Management Safety Award
Transport for NSW – Transport Electrical Safety

Working around electricity and gas is one of the top risks for Transport for NSW. We have established the Transport Electrical Safety Committee (TESC) to engage senior executives and SMEs on strategic electrical safety issues.

The TESC provides a consistent, multi-modal and whole of life cycle approach to electrical safety across the transport cluster. The committee aims to share best practices on electrical safety and to achieve the objectives of the Transport Asset Management Framework to create safe transport for employees customers, communities, and the people of NSW.

Incorporating safety performance measures into asset management can assist Transport for NSW and its agencies in managing their aging assets efficiently and improve system-wide safety.

Asset Management Diversity Award
KPMG – Engineering a Diverse Workforce

KPMG’s commitment to diversity extends beyond our own asset management team to the asset management industry. Since the establishment of KPMG’s Engineering, Assets and Project Delivery team in 2017 we have increased gender diversity from 13% to 32%, the number of women in people leadership roles from 10% to 25%, and women in partnership from 0% to 40%.This has been achieved through a deliberate strategy of setting targets for measurable and meaningful change, attracting the best talent, creating an inclusive environment and developing our leaders. Our significant improvement enables us to play a role in accelerating change at an industry level leveraging partnerships with organisations such as Robogals, Engineers Australia and Aviation / Aerospace Australia.

Rising Star Award
Ella Hingston

Asset Management Council Life Member Award
Nicholas Phillips

Best Paper Award
Andrew Wheatley – Can Asset Management Fundamentals contribute to a project’s success?
Andrew presented his paper on Tuesday afternoon at 1.20pm in Session 5B.

Best Poster Award
Scott Everard, Federation University
Establishing the Strategic Shutdown Management Plan