Economic and Financial Decision Making Within Asset Management
and
Quantitative and Qualitative Inputs and Outputs of Applying RAM Analysis
These two subjects will make for a lively discussion. Peter Kohler, the Asset Management Council AMBoK Commissioner, Life Member and previous Board Member of the Asset Management Council and Nicholas Phillips, Executive Director MACE Consulting (Aust) will shed some light on these hot topics, Thursday 4th April.
Date: Thursday 4th April 2013
Time: 5:00 to 7:00pm
Where: Cliftons, Level 2, 10 Moore Street, Canberra
Cost: Free
Registration: Desirable – to plan canapes and drinks. Please call 03 98192515
An Overview
Economic and Financial Decision Making Within Asset Management, by Peter Kohler.
This presentation will cover what is Asset Management and in particular:
• The role of asset management in the company Balance Sheet;
• The relationship between International Financial Reporting Standards (IFRS) and AAS (Australian Accounting Standards (AAS) within asset management; and
• The role of economic & financial decision making in the development of asset maintenance plans.
Quantitative and Qualitative Inputs and Outputs of Applying RAM Analysis, by Nicholas Philips
RAM Analysis is an Analytical Process That Typically Determines Optimum Maintenance Strategies, Based on Preserving the Functions of Assets Applying Knowledge of Failure Characteristics of the Asset – but is that all!
In this discussion both the quantitative and qualitative inputs and outputs of applying RAM analysis for decision making will be explored by Nicholas Phillips an asset management and maintenance engineering specialist with a wealth of experience in delivering diverse asset management programs in the heavy, medium and light engineering sectors.
CPD Hours: Attendance is worth up to 1.5 Engineers Australia CPD hours.
Please call the Asset Management Council Team 03 98192515 to register.