asset management

  • AMPEAK 20 - Call for Papers

    We would like to invite professionals, students and organisations from asset intensive industries and academia to apply to present their asset management technical and research developments at AMPEAK20 Asset Management Conference 2020

    ABSTRACT SUBMISSIONS CLOSE Friday 22nd NOVEMBER 2019

    Submit yours here

  • AMPEAK19 Call for Full Paper Reviewers

    We are looking for AMCouncil members with 10 or more years experience in the Asset Management Industry to undertake full peer review of papers for AMPEAK18. Reviewers need to be available to undertake peer review of paper(s) from March 8th 2018. Each review will attract continuing professional development points. Please register your interest here.

  • AMPEAK21 early bird price now open until 31 Jan

     Registrations are now open for AMPEAK21. Take advantage of the early bird offer before 31st January to save $$$. AMPEAK is a world leading asset management conference featuring a range of exhibits, case studies and technical content from all industries. www.ampeak.com.au 

  • AOG 2018 - Australian Oil & Gas Conference: Opportunity for Asset Management Council members

    aogAOG 2018 will be held 14-16 March 2018 in Perth, WA. The AMC’s WA Chapter has once again partnered with the organisers (Diversified Communications Australia) to organise a session at the AOG’s Knowledge Forum on the topic of “Asset Management – Improving Asset Performance”.

    AMC members have the opportunity to benefit from this in two ways:

  • Asset Investment Planning and Management in Adelaide

    Adelaide1A well attended, enthusiastic crowd gathered at the Adelaide Hilton Hotel last Friday for a bite of breakfast and to explore asset investment planning and management.

  • Asset Management Capability and the Value of Asset Management

    AMC Perth Nov a1The WA Chapter finished the technical sessions year with a fantastic evening attracting interest from 65 asset management practitioners with which the session exceeded all expectations - standing room only! A great show of interest and support for Asset Management in the West.

    After a brief introduction, Sandy Dunn shared the difference between Asset Management capability, compliance and maturity. Next was Ernst Krauss sharing his research on understanding the value of asset management. Keen inerest and discussions continued into the following networking opportunity, where most people stayed to catch up with old acquaintances and to make some new ones. Please enjoy some snaps taken at the event below.

  • Asset management close to home for Asset Management Council

    Oakleigh

    Only a short two-minute walk from Asset Management Council’s office lays the Oakleigh Railway Station, the latest station to get the go-ahead from the Victorian government for an upgrade.

    Asset management is everywhere, but it’s exciting to see it so close to home.

  • Asset Management Concept Model

  • Asset Management Council (AMCouncil) & Centre for Professional Engineering and Education (CPEE) celebrate Australasian launch of new Asset Management Course

    hiclipart.comWe are currently experiencing the largest ever construction build of infrastructure in many states across the country. Australia’s focus on delivering projects in the built environment as a pathway to recovery post COVID, means delivering excellence in infrastructure, roads, construction and transport. Understanding, managing, and optimizing the asset base sustainably in this environment is essential for success. 

    A collaborative partnership has been established between the Asset Management Council (AMCouncil) and the Centre for Professional Engineering Education (CPEE)  to create a course to meet current industry needs delivering best practice, resulting in the launch of the new four unit Graduate Certificate in Asset Management in 2021. This program directly addresses upskilling in the area of infrastructure and roads, with the two core units being 'Asset Management Principles' and 'Economics of Financial Management'.

  • Asset Management is more than just Data Collection

       

    JulianGreat presentations in our Melbourne session last Thursday as Sean Reeves spoke to intelligent asset management and how asset management is more than just data collection. 

  • Asset Management Policy Adopted for the NSW Public Sector

    NSW AM Policy

    Fantastic news from NSW as Treasury publishes the NSW Government asset management policy, adopted by the NSW public sector on 31st October. 

    The Asset Management Council, led by our director Toby Horstead, has been working closely with Infrastructure NSW and the NSW Government AM Community of Practice to prepare agencies for the release of the policy.

  • Asset Management Trends

    In 2020, the world was surprised and ill-prepared by the coronavirus pandemic. Asset management, which at its core involves mitigating risk, stood poised with key guidelines that proved helpful in many countries’ recovery phase. From there, we can see some upcoming trends in asset management for 2021 as researched by Department of Infrastructure and Regional Development.

    • Internet of Things (IoT)

    This year, it will be critical for businesses to better leverage the use of IoT. With many employees predicted to continue working from home into at least the first half of 2021, the IoT will help keep staff connected and engaged, productive and accountable. Also, intelligent systems, once implemented will help reduce overall costs to the business and, importantly, will transform your maintenance practices from reactive to proactive.

  • Asset Management Workshop, 11th Dec 2018 in Gippsland

    Gippsland 1The Asset Management Workshop in Gippsland was organised by the School of Science, Engineering and Information Technology’s Resources Engineering and Technology Group and supported by the Gippsland Chapter of the Asset Management Council (AMCouncil) and Engineering Network Gippsland (ENG) on Tuesday 11th Dec from 3pm to 5pm. This workshop had 30 registered delegates from industry, professional bodies and FedUni and feedback received from delegates was outstanding.

  • Auburn Maintenance Centre Site Tour

    Auburn Maintenance CentreOn Thursday August 17, Transport for NSW and Asset Management Council successfully hosted the Auburn Maintenance Centre technical site tour.

    The Auburn Maintenance Centre is a train depot that is responsible for the maintenance of the Sydney Trains A set fleet operated by Downer Rail. It was an excellent opportunity to view and get up to date with this amazing facility.

  • August Meeting Point out now

    August NewsAMCouncil August e-news is out now, packed with all the latest and greating AMCouncil happenings and news from the past month, including an announcement of an upcoming mentoring program which you have the opportunity to be a mentor to a woman in transport! Check your inboxes to read all the latest or view it here.

    If you would like to receive monthly newsletters and to be kept in the loop with all that's happening in the AMC, you can subscribe here.

  • Back to Basics: Explaining Reliability, Availability, and the Meaning of “Life”

    Sydney 19 September 2018Back to basics: Explaining Reliability, Availability, and the meaning of “life” was the topic of the inaugural YAMP Sydney Chapter event last Wednesday evening for Sydney AMC members and guests by very experienced practitioner and trainer, Phil Clarke.

  • Be Data Driven and Drive Better Results

    BLOG19Discover how an Australian utilities company used big data-driven insights to optimise lifecycle planning, budgeting and strategic management. The solution was easy to use and easy to understand, enabling the organisation to proactively identify problematic or costly assets prior to asset failure and to use predicted future costs to inform annual maintenance activity. Discover how the intelligent allocation of limited resources and the accurate forecasting of future asset costs provide huge benefits.

    Read more here. (This content is available for members only, see our affordable membership options here).

  • Big Data - Better Profits

    Better ProfitsToday’s tough financial climate and market competition requires organisations to improve their productivity and asset performance with less resources and capital. Discover how Asset Performance Management (APM) strives to use the increasingly large amounts of data to help asset management professionals make better decisions for their businesses.

    For many decades, asset intensive organisations have been collecting data to improve asset performance. Over the last few years, the term ‘Big Data’ has been referred to repeatedly by executives, practitioners, and vendors across industry forums, online blogs, and social media. Recently, the level of interest has shifted from simply understanding ‘what Big Data is’ and more towards ‘How can we use Big Data to improve asset performance and revenue’.

    Read more here. (This content is available for members only, see our affordable membership options here).

  • Big Data - Big Benefits?

    BLOG 16 imageBig Data is a hot topic - there's an increasing trend to focus on the value that data analytics can bring to business. But despite the buzz, there is very little attention being paid to the quality of all this data. Discover just how important quality is when it comes to your data and learn about a simple four step solution to improving data quality.

    With so many new tools and software being developed to provide 'silver bullet' solutions, from advanced dashboard and reporting to graphic visualisation and predictive capabilities, it's important to keep in mind the challenges to managing all this information, and the dangers that inaccurate or poor quality data can pose to your business. Here's how to avoid potential losses and incorrect decisions being made due to dodgy data.

    Read more here. (This content is available for members only, see our affordable membership options here).

  • Big Data Analytics for a Strategic Approach to Asset Management

    AnalyticsAsset-owning organisations seek to optimise lifecycle planning, budgeting and strategic management. To read about a case study that used Big Data Analytics to provide a large Australian utilities company with data-driven insights that help them to achieve these key objectives for their geographically-diverse high-value asset portfolio, please visit here.