In July 2020, the Australian Government released its Force Structure Plan, outlining priorities for defence policies and capability over the coming decade. As part of this plan, an $11 billion investment into anti-submarine warfare capability has recently been announced.
The AM Council is seeking expressions of interest from its membership for suitably experienced persons to join an enthusiastic team to review both ISO55000:2014 & ISO55001:2014. Comments received from this review will be submitted via MB-19 (Australian Mirror committee for TC251) to TC251. Comments are intended to provide guidance to whether either standard requires change.
Free for all Guests | Online | 30 September 10am – 4pm | www.amcouncil.com.au/RAID
In a collaboration with Federation University Australia, the Asset Management Council is delighted to announce the launch of its Research and Industry Day, taking place virtually on Wednesday 30 September 2020.
Today, 10 September 2020 is RUOK? day. We hope all of our members and associates are okay and remember, it’s okay not to be okay. Please reach out to the many supports available if you need to. For those who are struggling or know someone who is, there are a lot of helpful resources here: https://www.ruok.org.au/
Data has changed the world. How we live our lives, and certainly how we work. In asset management, there is no doubt that data can transform maintenance practices, extend the life of an asset, and through these features alone can bring in greater value for the enterprise. A quick internet search will show many articles and webpages devoted to highlighting the amount of data businesses have at their fingertips. The prevalence of big data has helped us all understand the three Vs: velocity, volume, and variety. What it hasn’t done is help us to understand the importance f quality data, nor how to ensure the data our business is leveraging is in fact to be trusted.
In February 2020, the coronial inquest findings into the tragedy on Dreamworld’s Thunder River Rapids Ride (TRRR) were released to the public. Around that time, the Asset Management Council published a short precis of the report, which, if you’re interested, can be found here. The coroner’s findings highlights the crucial role maintenance plays in asset management and the overall landscape of a business.
In this post, we’ll pull out some learnings on the importance of maintenance, based on the findings in the report (in no particular order).