Determining Key Assets

CogsIt was a full house on the 27th September 2017 for Brisbane’s latest technical chapter event on Asset Management systemimplementation: determining key assets. Asset Management depends upon the determination of key asset requirements in order to provide effective and efficient methods to avoid catastrophic failure or expensive rework to meet those requirements. How do practitioners effectively manage assets which are very complex or where they may be reaching their economic life when an error has the potential to cause significant loss of life and/or negative publicity?

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Value through Asset Management – what words spring to mind?

sydney word cloudThis question was put to the audience during the latest 20th September Sydney chapter event and you can see the what they came up with in the word-cloud attached to this post. This was just the start of an open discussion, full of tangible examples of and ideas for value improvement for stakeholders through asset management, which centred around core elements from the ISO 5500x global standards suite for Asset Management – leadership, planning, support and operation.

The introductory talk from Kevin Young, CEO of Sydney Water, proved very interesting as he spoke about what he has found in his look at overseas utilities and how that is shaping his views on the customer-centric approach to Asset Management at Sydney Water.

We look forward to the next chapter event in Sydney coming up on Thursday, 19th October, 2017 around Shattering the Silos: Collaboration through Asset Management. With a great line up of presenters from Sydney Trains, Sydney Water and the NSW Department of Defence, it is sure to be another interesting event. For further information and to register for this event, please visit here.

Asset Management Accountability Framework: Lessons to Date

AMAFThe Melbourne chapter recently hosted a group of fifty people interested in sharing experiences with the implementation of the Victorian State government’s Asset Management Accountability Framework. With guest speakers from the emergency services sector and additional commentary from attendees, the session was constructive and highly informative.

The second part of the evening was devoted to an introduction to the CAMA examination and a call to arms for Melbourne chapter members to participate in the re-development of the exam questions. Sally Nugent, from World Partners in Asset Management (WPiAM) explained the structure and approach for development of the existing question set and set the scene for a workshop on 12th October for Melbourne chapter members to contribute new questions for the CAMA question bank.

To register to be part of this exciting CAMA Exam Question Workshop opportunity next week, please visit here for further details.

Understanding Reliability in Adelaide

Mark Mackenzie Presenting SmallThe 19th September saw the Asset Management Council’s very own Mark Mackenzie, a highly qualified and experienced engineer with over thirty years’ experience in maintenance, reliability and asset manaagement, present tips and tricks for reliability practioners to a group in Adelaide. Mark asked and answered thought-provoking questions questions such as: Why should we measure reliability and what are the benefits? How should reliability be demonstrated? How should we specify reliability requirements? And, how should we use reliability to focus effort?

Access Mark’s presentation here. (This content is available for members only, see our affordable membership options here.)

A Chapter Event Across the Sea

20170821 185458 SmallA special late afternoon, technical discussion for the AMCouncil New Zealand was held on Monday 21st August 2017 to an enthusiastic group in Auckland. The topic of discussion was financial models for long term asset management planning.

On our guest panel of presenters was Raymond Tan from Auckland City Council who spoke on developing financial models for long term asset management planning. Philip McFarlane from Opus spoke about a research project for the UC Quake Centre and development of a framework for renewals planning for wastewater networks. Lastly, AMCouncil’s own Peter Kohler presented on how to develop a ‘defensible’ maintenance budget.

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Valuable Insights from Sydney’s ACA/AMC Seminar

Norbert Schaeper Sydney Water Small

On the 31st of August 2017 we hosted the joint Australasian Corrosion Association and Asset Management Council seminar in Sydney. The high calibre of presenters and the depth of knowledge provided the audience relevant case studies in Asset Management and the underlying processes for managing corrosion. Pictured to the left is one of the many presenters from throughout the day, Norbert Schaeper from Sydney Water.

Valuable insights drawn from and widely agreed on the day included that:

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