We are thrilled to announce that the AMCouncil is currently in the midst of reviewing its pivotal “Framework for Asset Management Document”. This document has been a cornerstone for many in the industry, and as we look to the future, we want to ensure it remains as relevant, comprehensive, and useful as ever. But to achieve that, we need something invaluable: your insights.
(more…)The Board of Directors plays a pivotal role in steering the strategic direction of a company, and asset management is an integral component of that responsibility. Here’s an overview of the primary responsibilities of a Board of Directors concerning asset management:
(more…)Toby Horstead presented on ‘Third Line Assurance’ to the PEMAC conference today. Toby presented on the need for 3 lines of assurance from an industry perspective and gave examples of failures that would have benefited from structured assurance and other cases of success and improvement from 3rd line assurance reviews. The conference has been a great success for PEMAC and Toby looks forward to bringing back his observations and learnings to Australia.
(more…)Dave Daines is a Director of World Partners in Asset Management (WPiAM) and is at the PEMAC Maintrain Conference in Winnipeg, Canada promoting the WPiAM Global Certification scheme and CAMA certifications. The AMCouncil holds accreditation with the WPiAM at two levels of certification CPAM and CSAM. Contact AMCouncil to find out more.
(more…)Canada, with its vast landscapes and innovative urban transit systems, recently played host to Toby Horstead, the National Chair of the Asset Management Council. Toby embarked on a study tour, exploring the intricacies of Canada’s transportation and infrastructure systems. The journey took him from the bustling streets of Vancouver to the insightful PEMAC conference in Winnipeg.
(more…)AM Council representative, Dave Daines, is at GFMAM meetings in Canada. The GFMAM meetings are taking place at Winnipeg in conjunction with the PEMAC Maintrain Conference. Dave is leading the global revision of the Asset Management Landscape document.
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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.
