Critical Infrastructure Bill
Changes to the Security of Critical Infrastructure Act 2018 are planned that are of importance to asset management with provision being made to:
‘Asset Management without Borders’ Government Symposium 2021
Thanks to all who attended our recent ‘Asset Management without Borders’ government symposium. We have been busy compiling all of the slides and recordings from it, and are happy to announce that attendees can now access them by clicking here: https://www.amcouncil.com.au/government/post_event_resource.html
Victoria’s Digital Asset Policy
The Office of Projects Victoria (OPV) has released Victoria’s Digital Asset Policy. The policy seeks to increase the productivity of infrastructure projects delivered by Victorian Government Departments and Agencies by uplifting their digital asset capability. It enables an integrated approach to organisational capability, project delivery and information management across the Department of Treasury and Finance’s Investment Lifecycle. It provides requirements for digital asset information management to support the planning, design, construction and operation of Victorian government projects and assets. You can download the policy from here.
Victorian Investment Guidelines for Major Projects
Several guidelines and tools have been developed by the Office of Projects Victoria (OPV) to assist in developing business cases for major projects with a focus on triple bottom line considerations. Take a look at the tools here.
Victoria’s infrastructure strategy 2021 – 2051
Victoria’s infrastructure strategy 2021–2051 was presented to the Victorian Parliament on Thursday 19 August for tabling. The updated strategy builds on the work of the first cross-sectoral infrastructure strategy delivered in 2016, and presents a vision for a thriving, inclusive and sustainable Victoria over the next 30 years. It contains 94 recommendations for projects, policies, and reforms, spanning many types of infrastructure. They are based on extensive evidence, research and consultation and informed by innovative land use and transport modelling. These recommendations represent a capital cost of around $100 billion over 30 years. Read the strategy at: https://www.infrastructurevictoria.com.au/project/30-year-strategy
VAGO: Major Infrastructure Program Delivery Capability August 2021 (VIC)
On 19th August 2021, VAGO tabled their findings to their audit on Major Infrastructure Program Delivery Capability. Victoria’s major projects pipeline has expanded dramatically since 2016, particularly for transport projects. Coinciding with this, the infrastructure boom on Australia’s east coast has led to competition for workers and material resources. “To deliver projects cost-effectively and on time, public sector agencies need to identify resource gaps and strategically address any shortages.