Feb 9, 2020 | Data in Asset Management News
Today’s financial market requires businesses to improve productivity and asset performance with less resources and capital. This will come as no surprise to anyone in the business world, and it’s fair to say that this understanding is universal. The problem of implementing it as an asset management strategy is another story altogether.
Many organisations don’t associate the inability to achieve asset management goals with a clear, whole-of-business understanding of asset condition and performance. Asset management connects assets, strategies, people and information to enable a clear view of operations, maintenance, perceived risk, and future condition of physical assets.
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Feb 7, 2020 | Government Community of Practice News
Government departments across Australia at the local, state or federal level are faced with the complexities of when to renew assets.
Most of the public infrastructure in our nation was built in the post-WWII boom: 1950s to 1970s. With many assets having a life-cycle of between 30 – 80 years, it’s no wonder that right now, across our major cities and rural areas, we’re seeing unprecedented construction, upgrading and renewal. But renewing assets is not as simple as the asset reaching its end-of-life or reducing its functionality. Other factors must be taken into consideration, such as:
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Feb 5, 2020 | Transport News
Keolis Downer is Australia’s leading provider of multi-modal transport options. The company employs 4000 staff and operates transport services across our nation, including Melbourne, Gold Coast, Brisbane, Perth, Adelaide and regional areas1. Multi-modal transport, simply put, is the offering of all types of mobility services. That includes: bus networks, light rail, rail, ferries, bikes, private drivers and the on-demand transport option.
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Feb 4, 2020 | Defence News
Great news for defence assets and Australian manufacturing recently, when two home-grown businesses were awarded contracts for the equipment designs on the Attack Class Submarine program.
The businesses will partner with international companies to deliver and sustain the Medium Capacity Press, High Capacity Press and Large Capacity Milling Machines (LCMM) required for the submarines. The two presses will shape the steel for the bulk head and hull of the assets. The LCMM is a multi-purpose cutting tool that will be used in a number of ways in relation to submarine’s hull1.
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Feb 4, 2020 | Member News
The Queensland Government recently published its Strategic Asset Management Plan Framework and the AMCouncil has been invited to provide feedback on it. You can view the document here. We welcome your comments and thoughts on this document. Please email through any feedback to info@amcouncil.com.au by Friday, 28th February 2020. The feedback will be collated and a response sent from AMCouncil.
Feb 4, 2020 | General
In the lead-up to World Asset Management Day, the Asset Management Council brings news of asset management achievements from all over the world. This month we’re focussing on East Lothian, a council area in Scotland, just west of Edinburgh, and the public corporation, Scottish Water.
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