Office closed 23 December 2011 – 8 January 2012

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The Asset Management Council office will be closed from Friday 23 December 2011 and will reopen on Monday 9 January 2012.

From the staff at the Asset Management Council, we wish you a safe, happy and relaxing time over the Christmas break.

 

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Jessica Berends to leave the Asset Management Council

jb profileJessica Berends, Events Coordinator, will be leaving the Asset Management Council to further her career at the Department of Immigration and Citizenship. Jessica’s last day at the Asset Management Council will be Friday 13 January 2012.

Over the past twelve months, Jessica has been responsible for the coordination and development of the ICOMS Asset Management Conferences for 2011 and 2012, and for Asset Management Fundamentals course and Training Intensives. Notably, Jessica has played a pivotal role in helping develop and coordinate an increased number of in-house courses across Australia in 2011.

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2012 Asset Management Awards: providing evaluation and recognition of asset management capabilities

Asset Owners, Service Providers and organisations responsible for physical assets and their revenue, reliability and safety outcomes are encouraged to apply to the Asset Management Council’s 2012 Asset Management Awards (AMA).

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2011 AMA recipients – BHP Billiton Iron Ore; RailCorp, Electricity Networks Corporation; T/A Western Power; and Transfield Services jointly with the NZTA.

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Developing a common language: The Asset Management Landscape, English Version

The Global Forum on Maintenance and Asset Management (GFMAM) has released The Asset Management Landscape ISBN 978-0-9871799-1-3 as a building block to provide a common overview and perspective of asset management and its various features.

While the discipline of asset management has developed significantly over the last two decades, so too has a number of asset management approaches, standards, models and principles, across the globe. It has become clear that there is benefit in aligning these by collaborating with other organisations to develop a global view on asset management. Most evident for this need is the increasing number of companies operating asset management systems in multiple countries.

Within the Asset Management Landscape document is a common core asset management language. The asset management principles and the list of subjects have been derived from an international review of asset management models and assessment methodologies which identified and distilled 39 asset management subjects. These subjects are part of the core and enable GFMAM members to compare, contrast and align their knowledge and practices.

Each GFMAM member will incorporate the landscape as part of their Asset Management Framework, which shows how and where a member’s knowledge and practices fits in. The framework will provide greater access to guidance and best practice material on asset management, as well as common definitions relating to asset management and how maintenance contributes to asset management. It will also increase the availability of international case studies.

To read more about the Asset Management Landscape go to www.gfmam.org