Specialist insights for better asset management value.Gain a deeper understanding of asset management strategies and plans with these articles from our expert consultants. Receive regular insights into physical asset management best practice by subscribing to our weekly newsletter.
6 tips to sell your asset management vision to...
Let's explore how we might go about selling the vision for asset management, and engage with senior leadership so that they can provide ongoing support.
Strategic asset management for City West Water
We assisted City West Water to develop their initial Strategic Asset Managment Plan, and align with the Asset Management Accountability Framework.
Capital risk based budgeting for City West Water
We assisted City West Water to demonstrate the financial risk associated with asset condition and pending asset failure, giving them a clear 5-year plan.
ISO 55001 Certification for Pioneer Energy
After completion of a readiness and gap assessment of Pioneer Energy’s asset management system, we continued to support its journey to ISO 55001 certification.
Evaluating Pioneer Energy’s Need for ISO 55001 Certification
Find out how we assisted Pioneer Energy in determining their requirement to certify to ISO 55001 given their existing ISO 9001 certification.
Asset and Maintenance Management Improvement Program for a Large...
We improved performance of mining and processing operations to support business objectives through an in-depth asset and maintenance management review.
Asset Management Improvement for a Regional Airport Operator
We conducted an independent assessment of asset management maturity across ISO 55001 requirements, and provided a detailed improvement plan for the future.
The mining industry needs thinkers, not just doers
How do we empower our workforce to be more innovative? In this article we discuss the steps towards a competent and forward-thinking workforce.
What does a good asset management strategy look like?
In this article, we offer a detailed example of what a good asset management strategy may look like in the context of ISO 55000 and ISO 55001.
Asset management strategy vs. Strategic Asset Management Plan (SAMP)...
Let’s explore an approach that will generate a Strategic Asset Management Plan that is useful and usable, using the ISO 55001 and ISO 55002 standards.
The vital importance of asset management objectives
Let's discuss the vital role that asset management objectives play in the asset management planning process. Without clear asset management objectives, you risk taking your organisation in the wrong...
Meeting asset management stakeholder needs and expectations
ISO 55001 places great emphasis on making sure that an organisation’s asset management system meets the needs and expectations of its stakeholders. Let's discuss why this is important.
How do I become an Asset Management Assessor?
To become a certified ISO 55001 auditor you need to meet the competences outlined in ISO 17021-5:2013 - Part 5: Competence requirements for auditing and certification of asset management...
ISO 55010, what’s it about?
Finance is an integral part of Asset Management. Value can be financial or non-financial, and achieving the balance between these requires coordination across an organisation.
AMPEAK 2019 – Key issues, trends and lessons from...
AMPEAK, the annual conference of the AM Council, is Australia’s peak conference for asset management. We have put together a list of the key takeaways from this year.
Are organisations still struggling with competency frameworks?
Even with access to extensive resources on the requirements of an effective asset management competence framework, businesses still seem to struggle to sustain capability.
Asset Management Accountability Framework Gap Assessment for Royal Women’s...
We assessed compliance with the Asset Management Accountability Framework, a framework aligned to ISO 55001 that is catered towards Victorians.
Conducting gap assessments and implementation: Asset Management Accountability Framework...
In February 2016, the Department of Treasury and Finance introduced the AMAF, which is aligned to ISO 55001 and catered towards the Victorian public sector.
An overview of the Asset Management Accountability Framework
The AMAF details mandatory asset management requirements and guidance for government organisations, and how to support service delivery objectives.
Support for WA DLGSC National Asset Management Assessment Framework
The NAMAF provides a methodology for assessing the maturity of a local government asset management and financial planning processes.
Asset Management Training for Hydro Tasmania
Following an ISO 55001 gap assessment, Hydro Tasmania wished to increase their competency of ISO 55000 and asset management among key stakeholders.
Linking asset management and quality: ISO 55000 & ISO...
Let's understand the synergies that exist between ISO 9000 and ISO 55001, and how they might reduce costs and increase the benefits of asset management systems.
Certification against ISO 55001 – Implementing ISO 55000
Let's discuss how to get your asset management system certified. This will be critical information if your organisation is aiming to align with ISO 55001.
Using ISO 55000 and integrated information systems to drive...
One of the key tenets of ISO 55000, the global asset management standard, is that organisations perform better when functions of the entire team are aligned.
The roadmap to ISO 55001 compliance – Implementing ISO...
Once you have committed to compliance with ISO 55001, you should gain an understanding of where the major gaps in your asset management system are.
Asset management data and decision making – Implementing ISO...
A vital element of effective asset management is decisions that are evidence-based and data-driven. Let's discuss these elements in the context of ISO 55001.
ISO 55001 Gap Assessment for Hydro Tasmania
Hydro Tasmania’s aim was to assess its current level of compliance with ISO 55001, to be ready to align with the standard in the future.
Asset Integrity Assessment for Energy Resources of Australia
Following a catastrophic failure, ERA wished to reassure itself that this incident was a one-off event, and not symptomatic of deeper-rooted systemic issues.
Asset management plans: less is more
Asset management is recognised as a critical contributor to value across a wide variety of industries. A shorter, simpler plan can often lead to ideal results.
What is an “asset management culture”? – Implementing ISO...
While it is tempting to focus on processes and systems as being at the core of good asset management, the right behaviours and attitudes are also key.
Asset management competence – Implementing ISO 55000
First, we need to identify the current level of asset management competence, then bridge the gaps with the level of competence required of the position.