Many readers will be aware of sites, particularly in the US, that store decommissioned aircraft, colloquially known as aircraft graveyards, or boneyards. But some readers may not be aware that here in Australia, we have our own aircraft storage facility.
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Not too long ago, before the coronavirus pandemic, when everyone was still going on with their daily lives, Victoria’s transport network was struggling to meet with demand. It may seem like a lifetime ago, but people spent inordinate periods of time squashed on trains, or arrived late to work due to a collision that shut down the main arterial roads into the CBD.
Mark Ragusa, a dedicated asset management professional recently provided a large webinar audience with an interesting presentation on decision making and risk management processes within Ausgrid. Mark noted asset management must start with an understanding of the organisational objectives which are translated into asset management objectives. Creating this line of-sight will enable asset management decisions to align achieving organisational objectives. The basis for making asset management decisions must also be established so that decisions are consistent and appropriately supported.
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Due to the coronavirus pandemic, we are hearing much about repurposing of assets and businesses altering their usual production to fulfil an urgent need in the community. The Asset Management Council has published on our website a number of posts (click here and here for just two examples) that highlight fluidity in assets, as well as the ingenuity from leadership to quickly respond and adapt their business function.
Thank you to all who nominated to join the AMCouncil Melbourne Chapter Committee. We are delighted to announce the Melbourne Chapter Committee for 2020 as follows:
General Committee:
It’s throwback Monday! Please enjoy this week’s five asset management videos carefully selected for you: