asset management

  • GFMAM Landscape Document Review - Call for Reviewers

    call for eoiThe AM Council is seeking expressions of interest from its membership for suitably qualified persons to join an enthusiastic team to review the GFMAM Landscape Document.  Here is a chance to shape the globally recognized asset management subject matter document.

  • Gippsland Workshops Asset Management

    Welcome address by Dr. Gopi ChattopadhyayAn 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 and Engineering Network of local Engineers Australia Group on Thursday 28 June from 10.00am to 5pm.

    This workshop was another of its revered Corporate Education Workshop and Seminars attended by more than 35 delegates from industry, professional bodies and FedUni and feedback received from delegates was outstanding. This was the fifth event held in the past 3 years, which has seen close to 250 delegates attend Gippsland events.

  • Global Standards working Together

    Image Three CroppedThe Sydney Chapter of the AMCouncil recently got together to take a look into Facilities Management and in particular the recent ISO Standards. Stephen Ballesty, Director In Touch Advisory, guided us through the new standards and the difference/alignments with ISO55000. Read on for further details.

  • Happy Mentoring Day

    Happy Mentoring Day! You are looking at the lovely faces of some of the Mentees / Mentors from the 2021 AMCouncil Asset Management Mentoring Program of which the formal program concluded today. Thank you to each and every one of you who contributed to this year's program.

  • Helping industry in Gippsland boost their business

    Delegates after the networking session

    An AMCouncil supported seminar at Federation University Australia’s Gippsland campus was recently held to bring together representatives from local industries to learn new ways to strengthen their business. The Asset Management Workshop hosted by the School of Science, Engineering and Information Technology on 28th November 2019 was a houseful event with more than forty delegates in person and online. The event focused on helping businesses to reduce the cost of operational maintenance, reduce the risk of failures and further enhance the performance of assets.

  • How a maintenance task captured the imagination of Victorians

    Maintenance TaskA heavy vehicle convoy as heavy as a jumbo jet has made a slow 200km long journey from the Latrobe Valley to the Port in Melbourne. Carrying a spare generator from the Loy Yang Power Station to a ship in port at Melbourne (where it will be transported to Germany for maintenance), the convoy travelled by road in the dea of night at 15-20km/hour over 3 nights.

  • How Asset Management is Driving Value in the Public Sector

    Tim Reardon Webinar Still 2In last week's Women in Asset Management webinar discussion Tim Reardon, Secretary of the NSW Department of Premier and Cabinet explored what asset management means to NSW Government, how it adds value for the community, how we can harness new technologies and innovation to deliver value and why people, especially women, should be excited to work in asset management in the public sector.

  • How Infrastructure NSW is Meeting the Challenge

    sydney4Many thanks on behalf of the Asset Management Council and our Sydney Chapter Committee to Rami Affan, Infrastrcuture NSW, for his excellent presentation on Wednesday night at Sydney Water's head office in Parramatta.

    The large audience clearly appreciated learning about Infrastructure NSW's State Infrastructure Strategy through the lens of asset management and the inclusive and collaborative deployment strategy (via such avenues as the AM Community of Practice and Asset Management Maturity Assessments both run jointly with the AMCouncil).

  • How Smart is your Data?

    Number globeThe Auburn Stabling project involves the construction of a new train stabling facility in Sydney's north-west, with the aim of catering for the expected increase in train services in Sydney's inner-west and south-west. Discover how a smarter use of data would prove critical to the project's success.

    Arup were engaged to deliver an Asset Management model for use during maintenance and improvement works. Through the use of leading software integration solution FME, Arup's team provided a solution which allowed for seamless transferring of features between disciplines regardless of the native format of the design software being used.

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

  • How to Identify the Principles of Asset Management

    A thorough overview of asset management to understand how AM fundamentals can provide benefits to an organization...

  • How to use Analytics to Prevent the Deferral of Critical Maintenance

    Tech Article 1What can asset managers do to prevent the deferral of critical maintenance? And how can they use analytics to assist with this?

    When budgets are tight, or there are competing priorities for funds, deferring maintenance is an easy target for decision-makers in Finance, or Executive Budget Committees.

  • ICMIAM2021 - A Summary

    The Asset Management Council was pleased to participate in the 2021 International Conference on Maintenance and Intelligent Asset Management.

  • Implementing an AM System in a Mature Workplace Culture

    ImplementationWhile the requirements of ISO55001:2014 Asset Management are the same for every organisation, the approaches used to implement an effective asset management system are not.

    All organisations have unique characteristics dependant on, for example, size, industry, activity and leadership. The maturity of the organisation is one such characteristic.

  • Improving Profits Using Data

    Imrproving Profits Using DataAsset-intensive industries continually strive to improve profitability while at the same time reducing business risk and expenditure. Today's financial climate and market competition require organisations to improve productivity and asset performance with less resources and capital. A recent study indicated that around 47% of organisations associated the inability to achieve asset management goals with the 'lack of visibility into actual asset condition and performances'. To read the rest of the article co-written by Mustapha El Hayek and Ian Gordon from Meridium, please visit here.

  • India Asset Management Study Tour - Interested?

    Blog ThumbnailThe AMCouncil is seeking expressions of interest from asset management professionals wanting to join a study tour to India, to coincide with the International Conference on Maintenance and Intelligent Asset Management (ICMIAM) meeting happening in Bangalore on 17th - 18th January 2020. 

    This trip will provide you with the opportunity to visit a variety of sites to learn, explore, share and compare asset management across industry in an international setting.

  • Infrastructure Audit Casts Gaze to Future Needs

    InfrastructureThe 2019 Australian Infrastructure Audit was announced on Tuesday 13th August by Infrastructure Australia, the nation’s independent infrastructure advisor. The audit promises a forward-view of Australia’s challenges to protecting and advancing our infrastructure.

  • Infrastructure Australia – national study on impacts of COVID-19

    national study on impacts of COVID 19

    Infrastructure Australia has released a report detailing the impacts of COVID-19 and projected recovery for the nation.

    The report highlights the way Australians used infrastructure during lockdown and demonstrates trends and provides insights into asset management requirements of infrastructure.

  • Infrastructure Development for Snowy 2.0 Project

    Snowy 2.0 Project

    The Clean Energy Finance Corporation (CEFC) is investing $125million1 into the development of the Snowy 2.0 pumped hydro project.

    The investment by the CEFC into critical infrastructure will connect Snowy 2.0 to the National Energy Market (NEM), making it the largest generator connecting to the NSW grid for more than thirty years. In partnership agreement with TransGrid Services, the project will potentially link existing and new infrastructure and deliver clean and cost-effective electricity to its customers.

  • Integrating the Analytics

    BLOG 20

    Capturing data is all well and good, but converting it into meaningful information that informs key decision making, in a timely way, can be a real challenge. Discover the core barriers to effectively gathering, cleansing and then analysing data so you can improve you data management and ultimately, make better business decisions.

     

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

    #bigdata, #assetmanagement, #analytics, #lifecyclecost, #performancemanagement, #assethealthmanagement,

  • Integrating Whole of Life Thinking into the Business Case Process

    Symp Sneak Peek 1Join us on Friday, 4th October for our Implementing Asset Management in Government Symposium. Read on for a sneak peek of just one of the topics that we will be exploring during the day.