MAPMA is a member of the GFMAM. Nicola Daaboul, AM Council Board Member, and John Hardwick, AM Council International Representative, are both presenting at the Malaysian Asset and Project Management conference in Malaysia on 8 June. The conference is to be held virtually as well as face-to-face. The program and register details can be found here.
The 13th meeting of the TC251 Committee was held as a face-to-face meeting in Philadelphia on 8-12 May 2023.
It is noted that Working Group 6 Revision of ISO55001 reported that:
(more…)IPWEA International Asset Management Congress is to be held on the Gold Coast 14th and 15th June 2023 and is aimed to be the largest gathering of asset managers in the southern hemisphere this year showcasing world-leading asset management practice. The program includes some incredible international speakers from US, Canada and New Zealand. AMCouncil Board member, Nicola Daaboul, has been instrumental in developing the program which promises to provide fellowship, education, community, food, fun and recognition. More details around the speakers, program and how to register available https://www.ipwea.org/congress/home
(more…)Unsung heroes! Assets of the Asset Management Council! Whatever the description, there is no doubt that Asset Management Council volunteers are leaders of industry, who volunteer their time to enrich the services and products of the Asset Management Council, for the benefit of the greater asset management community. A heartfelt thank you from us here at the Asset Management Council to all of our wonderful volunteers on this National Volunteers Week.
(more…)ISO/TC251 Committee released a publication in April 2023 “Asset Management and the Circular Economy”. By using Asset Management principles to adapt their business models, organizations can move toward closed-loop systems that optimize the performance of assets whilst extending asset life. Access a copy of the publication here.
Standards Australia have released a Digital Twin White Paper in response to identified challenges of digital twins in Australia. The paper recommends actions that can support Australia’s journey to national Digital Twin advancement and global positioning and leadership. These recommendations cover the areas of leadership and governance, critical market enablers and a national pilot program to activate opportunities.
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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.
