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.

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.

ISO 55001:2024 vs ISO 55001:2014 – A Comparison

In this article, we compare the most recent version of ISO 55001, published in 2024, with the previous version, published in 2014. The focus of this comparison is to...

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.

ISO 55000:2024 vs ISO 55000:2014 – A Comparison

In this article, we compare the most recent version of ISO 55000, published in 2024, with the previous version, published in 2014. The first thing to note is that...

How to write a good asset management policy –...

Let's discuss the types of things that an asset management policy should contain, how long it should be, and how to develop one for your organisation.

How to develop an asset management plan

Let's look at arguably the most important document in any asset management system - the plan that captures the actions to be taken on each asset.

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 Landscape v3 – Implications for Asset Managers

The Global Forum on Maintenance and Asset Management (GFMAM) launched version 3 of its “Asset Management Landscape” on June 5, 2024. This article outlines the scope of this document,...

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.

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.

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.

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.

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.

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...

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...

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.

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.

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.

Asset Management vs Managing Assets – which is more...

In this paper, we draw on Assetivity's experience to illustrate this point from a real world example.

Coordinating activity between Maintenance and Supply – A Case...

This case study by Sandy Dunn will present the approach that was taken and the key lessons learned that will assist any organisation in a similar situation.

Aligning Asset Management Strategy with your Organisational Strategy

The ISO 55001 standard is all about having robust aligned and integrated processes to manage your assets in a coordinated fashion.

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.

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.

What is an Asset Performance Management (APM) system?

What is an APM system, where does it fit in the Asset Management information system landscape, and what you should hope to achieve through implementation?

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.

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.

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