Asset Management Council – Government Symposium

Asset Management for a Resilient Future

govsym20The annual Asset Management Council Government Communities of Practice symposium has kicked off with resilient bang!

The morning session began with our MC for the day, AM Council board director Toby Horstead, setting the scene. With natural disasters and the obvious pandemic, now is—more than ever—the right time to plan for a resilient future for publicly owned assets. Toby was followed by the AM Council’s National Chair, Dave Daines, who welcomed us all to an informative day where knowledge surrounding the important work on resilience in asset management is shared.

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Building resilience in infrastructure and communities

Building ResilienceThe impact of COVID-19 on our cities and infrastructure is long-lasting. The lessons learned from the ensuing economic downturn and widespread social isolation give ample pointers to both governments and industry in the ways we can build better communities. But first, to create stronger assets and build better communities, we need to be conversant with resilience. What exactly is resilience? The Oxford Dictionary defines the noun as ‘the ability to recover quickly from difficulties; toughness1.’

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Assets Underground

Assets Underground

All power transmission companies seek to provide high quality electricity to their customers at the lowest possible price. In order to be able to support this service, a well-maintained, efficiently operated and reliable network is essential. This is achieved through asset management, as, at its core, when aligned with the nature and value of an organisation, stakeholder engagement, and business objectives, asset management links operability with revenue.  

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Shanghai gets a Digital Twin

Digital Twin

The use of digital twin technology in asset management brings a complementary partnership. Through their ability to predict downtime and failures, streamline maintenance procedures, and bring innovative solutions to complex problems, any digital twin has potential to help an organisation build value.

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Resilience for Government Infrastructure Assets

ResilienceThe effects of the coronavirus are unprecedented, sending shockwaves into the health, economic, education and social sectors. Governments around Australia—and the world—are bracing for the post-COVID recovery phase. Added to the impact from the pandemic, climate change still weighs heavily and finding ways to reinforce public assets and infrastructure is imperative.

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