Join us for an exclusive technical event hosted by the Asset Management Council, where we bring a selection of some of the best presentations from the 2025 AMPEAK National Conference to our Perth members. This event is a unique opportunity to gain insights into the latest trends, innovations, and best practices in digital asset management. Network with fellow professionals and industry experts while enjoying in-depth presentations that have captivated audiences at the national level. Don’t miss this chance to stay at the forefront of asset management excellence right here in Perth.
Featuring:
Optimal asset management decisions hinge upon balancing asset performance and associated risks. Whilst the application of asset performance management and risk management for asset management is now evident in many utilities, the maturity levels of application vary between organisations. A key differentiating factor is the extent to which these approaches are integrated, i.e. integration of asset performance management, risk management and asset management decision-making. This presentation would discuss an end-to-end asset management decision-making framework that integrates multiple complex business capabilities. It can be applied to all asset management decisions and has lays the foundation for future asset management improvements.
Using a case study, the paper discusses how the new decision-making framework was tested to review an existing asset strategy concerning a key safety objective for a utility. The application of this methodology identified existing business rules that should be selected for further review, to drive improved performance. As these frameworks are applied over the time, they will enable improvements in efficiency and effectiveness from investments.
The presentation demonstrates the benefits of applying a structured approach and integrating performance and risk frameworks to drive transparent and informed asset management decisions. It is expected to maximise value from investments and deliver optimal outcomes for stakeholders, through improved asset management decision-making.
While ISO 5500X promotes risk consideration in asset management, in reality, it is often not considered implicitly to inform operation, maintenance and asset renewals. In a resource-constrained environment where renewals backlogs can be high, opportunities to ‘sweat’ infrastructure, defer capital while understanding and managing risk to community can be lost.
This presentation outlines the implementation of a portfolio-wide, digital asset management planning tool covering infrastructure that provides diverse services and value to the community. Following a pilot presented at AMPEAK24, the digital planning tool has been expanded to understand asset risk in a consistent, repeatable manner across:
The portfolio tool is interactive, transparent allowing the user to understand and communicate:
Asset criticality across the portfolio was workshopped with key stakeholders in the organisation to identify the required operational response to asset failure and its consequences. Regardless of asset class, criticality was assigned in a manner consistent with the organisation’s enterprise risk framework, allowing consistent consideration of service provision risk, regardless of the asset class (e.g. water mains, vs roads, vs buildings). A Lifecycle Intervention model (LIM) was then developed to:
Outputs from the LIM were visualised in a dashboard tool that is data-driven, fully interactive, and transparent. The innovative tool allows asset owners to effectively engage stakeholders, communicating investment needs at all levels, from board / executive to field crews and the community.
To build and run efficient and productive operations you need to design, construct and commission complex systems. These complex systems are jam packed with hardware and software that is interconnected. Every object has different functions, different connections, and different relationships. During the lifecycle the system needs maintenance and upgrades. A deep understanding of these systems is essential to the ability to control a project and asset.
Surprisingly, in or digitally advanced world, teams of engineers still draw the designs for complex systems in a flat manner, much like a picture. This approach creates thousands of individual drawings and documents produced by different teams working on the system, all of which capture bits of information about it. If something is changed, all the related documents must be found and updated. Using decentralised processes that depend on individual drawings and documents to manage complex systems is extremely inefficient. BIM does not account for complex systems.
A digital model is a true representation of the complex system at any point in the lifecycle. It’s a real digital twin. It is a centralised database containing all current and historical hardware and software information about the system. It can be accessed simultaneously by engineers, managers and other stakeholders from any location, at any time.
From fibre optic networks to electrical, instrumentation, and control systems; from communications and IT systems to security, CCTV, and building management systems, this software solution can model any type of complex system.
Change leaders are transforming the way they engineer and manage complex systems. Fortescue recently used a digital model to design, construct and commission their complex systems on their $4bn Iron Bridge project without producing a traditional engineering drawing. Public Transport Authority of Western Australia (PTA) are currently using a digital model for their major Metronet program and have contractually mandated that service providers must handover a digital model at completion, not thousands of engineering drawings and documents.
This presentation will describe the benefits and challenges of using un-crewed aircraft to carry out Digital Visualisation ‘Asset Integrity Inspections’ and ‘Right of Way’ (ROW) Surveys over a linear distance of 540km using BVLOS (Beyond Visual Line of Site) techniques.
Traditionally, manned helicopters and fixed wing aircraft have been used to carry out the survey activities given the challenges of the long distances, and the weight of payloads required to execute the surveys.
The presentation will describe the approach and technical challenges to carry out successful BVLOS Asset Operations using un-crewed aircraft across a 540km pipeline in Australia.
The presentation will share the outputs using AI Models (artificial intelligence) for the features extracted, of both anomalies and points of interest and describe how the initial projects could be expanded into multi-modal, single mission sorties over long distances.
The project was a ‘first of a kind’ successful milestone in the use of BVLOS, long range, high payload, un-crewed helicopter systems.