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DTSTART;TZID=Australia/Melbourne:20250924T173000
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UID:9150-1758735000-1758740400@www.amcouncil.com.au
SUMMARY:Melbourne - Achieving TOTEX Success: Integrating People\, Processes and Systems in Asset Management Planning (A Strategic Approach to Public Private Partnerships)
DESCRIPTION:Public–Private Partnerships (PPPs) carry inherent financial risks\, particularly when fixed-price contracts fail to reflect total lifecycle costs. To manage this\, PFM adopted a Total Expenditure (TOTEX) Strategic Asset Management (SAM) approach that integrates people\, processes\, and systems to align CAPEX and OPEX decisions for long-term value. \nThe two key barriers—poor data quality and limited practitioner capability—were addressed through the development of two foundational enablers: the Asset Management System (AMS) and the Asset Management Community of Practice (AMCoP). The AMS standardised tools and processes\, while the AMCoP fostered collaboration\, upskilling\, and knowledge sharing. These enabled the creation of high-value resources such as a Lifecycle Cost and Maintenance database. \nIn practice\, these frameworks supported accurate data capture and scenario modelling within PPP contracts\, driving evidence-based decisions. The outcome was optimised lifecycle planning and risk management\, demonstrating how a structured\, data-driven approach can mitigate PPP risks and achieve TOTEX-aligned outcomes. \nClick here to register\n  \n\n		\n			\n				\n			\n			\n		 \n		\n			Mincheol Lee is a seasoned asset management professional with extensive experience across strategic\, tactical\, and operational levels of asset-intensive environments. Known for his outcomes-focused approach\, Mincheol specialises in developing and executing comprehensive asset management strategies that align organisational objectives with effective risk management\, cost control\, and lifecycle performance optimisation. With hands-on experience in delivering ISO 55001-aligned systems and governance frameworks\, Mincheol brings deep capability in full lifecycle asset management\, including asset data modelling\, lifecycle cost analysis\, CMMS configuration\, and the integration of digital engineering solutions. He has successfully led the design and implementation of asset information management systems\, technical maintenance plans\, and configuration control frameworks to enable reliable\, data-driven decision-making. A strong collaborator\, Mincheol works across disciplines to uplift asset management maturity and build Communities of Practice that foster knowledge sharing\, capability development\, and operational excellence. His work continues to support optimised total cost of ownership outcomes across complex infrastructure portfolios.
URL:https://www.amcouncil.com.au/event/melbourne-achieving-totex-success-integrating-people-processes-and-systems-in-asset-management-planning-a-strategic-approach-to-public-private-partnerships/
LOCATION:Grand Hotel (Gaylord Restaurant Conference Room)\, 33 Spencer Street\, Docklands\, VIC\, 3008\, Australia
CATEGORIES:Melbourne Chapter Events
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DTSTART;TZID=Australia/Perth:20250924T174500
DTEND;TZID=Australia/Perth:20250924T200000
DTSTAMP:20260406T053810
CREATED:20250826T061417Z
LAST-MODIFIED:20250918T003754Z
UID:9185-1758735900-1758744000@www.amcouncil.com.au
SUMMARY:Perth - Smart Assets\, Smarter Careers: AI Insights for Emerging Professionals
DESCRIPTION:This event is designed to give young students and emerging professionals a clear understanding of our profession while exploring how Artificial Intelligence is shaping asset management. Open to all students across engineering and STEM disciplines – with special value for those nearing graduation – it’s an opportunity to connect\, learn\, and build your career pathway. \n\nThis event is now full. Please email accounts@amcouncil.com.au to go on the waiting list.\n\n\nAgenda Highlights \n\n					Welcome and Introduction\n					Adam Rotapel\, AMCouncil Perth Chapter Chair\n				 \n					Lessons Learnt in Asset Management over a 35 year career - Mark Mackenzie\n					Mark will present a number of aspects of engineering and particularly asset management that will help improve your professional standing. These tips and trips will be illustrated with examples from his experience.\n				 \n					Industrial AI for Asset Management – Dr Yvonne Power\, Director\, IMPower Technologies\n					This presentation will outline how organisations can create a more human-centred\, sustainable\, and resilient future for industrial asset management with Generative Artificial Intelligence at the core of maintenance and asset management. The presentation will also discuss how incorporating new skillsets\, such as prompt engineering into the daily operational workflows of reliability engineers and maintenance planners increases productivity and enables improved asset management and maintenance decision-making. Key learning outcomes: What is industry 5.0 and what does it mean for maintenance & asset management? How can advanced technologies including generative AI be used to improve maintenance & asset management. What skills do I need to stay ensure I remain relevant given the fast pace of development of AI?\n				 \n					Speed Networking Session\n					Facilitated by Roy Choudhury.\n				 \n					AI in Logistics & Supply Chain – Dr S Zaung Nau\, Lecturer\, Curtin University\n					Artificial Intelligence (AI) is no longer a futuristic concept—it is actively transforming supply chains into smarter\, more resilient\, and sustainable networks. This presentation will explore cutting-edge AI applications in supply chain management\, from predictive demand forecasting and inventory optimization to smart asset maintenance\, logistics planning\, and supplier risk monitoring. We will also discuss the role of AI in enabling sustainable supply chains and how generative AI is reshaping decision-making and scenario planning. For emerging professionals\, understanding these technologies is not only essential for career readiness but also for driving innovation in a rapidly evolving global economy. By linking smart asset management with AI-enabled supply chain practices\, this session will highlight both the opportunities and challenges in harnessing AI for a smarter\, greener\, and more resilient future.\n				 \n					AI & Machine Learning Strategy – Sarada Lee\, Co-Founder\, Perth Machine Learning Group\n					Let’s welcome your newest office teammate—your agentic AI colleague who never drinks coffee but sometimes like hallucinates in the conversation. In this fun yet insightful evening session\, we’ll get a sneak-peek at what it’s like working side-by-side with an AI. We’ll share the highlights\, the head-scratchers\, and the surprising insights—plus\, not too-distant future of AI in asset management.\n				 \n					Closing Remarks\n					Karina MacHado\, AMCouncil Perth Chapter Vice Chair\n				\nDon’t miss this chance to hear from experts\, network with peers\, and explore how smart technologies are opening smarter career pathways in asset management.   \n		\n			\n				\n			\n			\n		 \n		\n			Mark is a highly qualified and experienced engineer with over thirty five years’ experience in maintenance\, reliability and asset management. He is a Chartered Engineer\, a Certified Maintenance and Reliability Engineer and a Certified Fellow of Asset Management who is also a Fellow of Engineers Australia and an Adjunct Associate Professor at the University of Western Australia. Mark has worked extensively in Australia and overseas in a variety of roles and industries. He has worked in multinational companies\, as well as specialist consulting companies where his technical and leadership advice is keenly sought and received. He is an experienced facilitator and a sought-after speaker who regularly presents technical papers and tutorials at national and international conferences. He also delivers university lectures to undergraduates and post graduates and provides training on behalf of the Asset Management Council of Australia.\n		\n			\n		 \n		\n			\n				\n			\n			\n		 \n		\n			With over twenty years’ experience in pioneering advanced solutions within the energy and natural resources sector\, Yvonne is dedicated to integrating intelligent systems into industrial operations to improve safety\, compliance\, efficiency\, and operational practices. Her interest in these technologies began during her PhD\, where she applied intelligent agents to optimise and manage a minerals processing operation with minimal human intervention. Since then\, Yvonne has successfully delivered innovative solutions to major resource companies globally\, holding senior roles in mining and technology firms and working through IMPOWER TECHNOLOGIES®\, a company she founded in 2009. As of April 2025\, she also serves as a non-executive director on the Asset Management Council of Australia Board.\n		\n			\n		 \n		\n			\n				\n			\n			\n		 \n		\n			Dr. S Zaung Nau is a Senior Lecturer in Project and Supply Chain Management at Curtin University\, where she leads teaching and research in sustainable supply chains\, project management\, and the integration of emerging technologies. With a background in IT and a PhD in public transport demand modelling\, she combines technical expertise with industry engagement to prepare students for the evolving world of work. Her work focuses on applied learning and authentic industry projects\, enabling students to gain hands-on experience in areas such as data analytics\, optimization\, and simulation. Dr. Nau is actively involved in research on supply chain resilience\, AI applications in logistics\, and traffic flow efficiency\, with a strong interest in industry collaboration and community engagement. Dr. Nau is passionate about equipping the next generation of professionals with the skills to thrive in a rapidly changing environment where sustainability\, digital transformation\, and AI are shaping the future of supply chain management.\n		\n			\n		 \n		\n			\n				\n			\n			\n		 \n		\n			Sarada Lee is a leading AI/ML specialist with over eight years of experience in deep learning\, natural language processing\, and computer vision\, driving strategic innovation. As Co-Founder of the 3.4K member Perth Machine Learning Group\, she mentors global talent and advances ethical AI through governance training. Her experience ranges from multinationals\, utilities\, public health\, biotech and finance and accounting\, including deployment of AI in critical infrastructure. With a Master’s in Professional Accounting and board experience at The King’s College\, Sarada bridges AI and business strategy. A WiTWA Tech [+] Award winner\, she speaks to accounting bodies\, academia\, and tech communities\, inspiring AI-driven transformation.
URL:https://www.amcouncil.com.au/event/perth-smart-assets-smarter-careers-ai-insights-for-emerging-professionals/
LOCATION:Perth
CATEGORIES:Perth Chapter Events,YAMP
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