The Global Forum on Maintenance and Asset Management (GFMAM) held its seventh face-to-face meeting from 9-14 September 2012 in conjunction with Abraman (Brazilian Society for Maintenance and Asset Management) 27th Congress in Rio de Janeiro.
Members of the ABRAMAN Board and the GFMAM Council
Many organisations believe that qualitative and semi quantitative risk assessments are adequate to determine where their allocated budget should be best spent. Others argue that while such tools may be useful as a filter for actions that must be taken or that are not necessary, only quantitative risk assessment (identification, analysis and evaluation) can determine what tasks and associated budgets are defensible to the organisation’s financial approving authority.
What do you think?
Leave your comment and read other people views at the Asset Management Council group discussion on LinkedIn.
Asset management and maintenance are NOT synonymous. However, maintenance is one of the key processes that delivers outcomes in asset management, and has a significant impact across many of the processes and subjects that comprise the scope of asset management.
What do you think?
Presentations from the November 16 Perth Symposium “META Data, Master Data, Mobile Solutions & Standards” are now available for download from the member zone, under New Presentations.
On Tuesday 26 July 2011, the Asset Management Council together with the Australian Water Association, Water Services Association Australia and the Institute of Public Works Engineering Australia held an ISO Asset Management Standards Stakeholders’ Consultation Forum in Sydney.
The Forum was well attended, with over 70 stakeholders present for the afternoon session. Beginning the forum were formal presentations by key leaders involved in the formation of the ISO Asset Management Standard suite, followed by an open discussion to allow stakeholders to voice their concerns and hear how their concerns will be addressed within the proposed Standard.
Here are some of the questions and answers that were minuted from the Forum….
The ICOMS Asset Management Conference 2011 People’s Choice Award for the best conference presentation, as voted by conference delegates, was won by Dr Nik Nikolovski and Franc Spinelli for their paper “Asset Strategy Development Using Defect Elimination Principles”. This presentation is available to download from the member’s only area of the website, while a copy of the full paper can be found on the USB of Conference Proceedings.
Asset Management Supporting Maintenance and Reliability
Martin is a maintenance fitter by trade, having begun his career as a maintenance fitter and progressing to roles that saw him accountable for heavy maintenance operations in an organisation of over 600 workers. Drawing on decades of hands-on experience and leadership in maintenance environments, Martin will share real-world examples and practical insights into how asset management can and will support maintenance and reliability. His presentation will highlight the critical connection between strategic asset management and the day-to-day realities of keeping assets performing safely, efficiently, and sustainably.
More Than Maintenance: Unlocking Strategic Value in Public Infrastructure
Maintenance is often seen as a cost to be managed, but in the public works and local government context, it is a strategic lever for delivering long-term community value. Steve’s presentation explores how well-planned, data-informed maintenance and reliability practices are fundamental to achieving asset performance, managing life cycle costs, and controlling risk.
Drawing on asset management principles and real-world examples, Steve will examine how reframing maintenance as an enabler—not an expense—can improve service outcomes, justify investment, and strengthen long-term sustainability. Attendees will gain insight into how maintenance connects with broader infrastructure strategy, and how leadership, planning, and culture shape its success.
Supporting the Next Generation of Asset Management Leaders
Katherine will share her insights and experiences as an emerging practitioner in asset management, addressing key challenges currently faced by young professionals and what they seek to support their ongoing development. In this presentation, she will explore how we can encourage and support emerging professionals to ensure they are well equipped to lead the next era of asset management.
Delivering Quality Maintenance to Maximise Asset Performance
For organisations adopting whole-of-life asset management practices, asset maintenance is no longer solely focused on fixing faults, but rather on ensuring assets are maintained to prevent unscheduled downtime and perform at the required level, as outlined in the asset management plans. High-quality maintenance is essential to achieving this outcome. The application of best practices and modern technologies supports delivering the required level of quality.
