Why is asset management important for your organisation?
Asset management encompasses the life cycle management of assets to achieve your organisation’s objectives. When implemented effectively, it ensures your assets deliver the desired value for your stakeholders.
(more…)The GFMAM – Global Forum on Maintenance and Asset Management – comprises 14 member societies from different countries across the world. These societies encompass professionals across varied industries, each brining distinct perspectives, practices, and levels of expertise to the field of Asset Management. This expensive geographic and industrial coverage positions GFMAM uniquely to gather insights and data on key topics within the Asset Management sector.
(more…)The future of asset management is evolving rapidly, and AMPEAK24 is the platform to discuss, share, and shape this evolution. We are excited to announce that the call for abstracts is now open for AMPEAK24, scheduled from Sunday 14th to Wednesday 17th April 2024 in the beautiful city of Adelaide, South Australia.
(more…)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.
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