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.

Common traits of organisations that deliver effective maintenance

Organisations that get results from their maintenance strategies understand that no two operations are the same. OEM recommendations offer a fair starting point for how our assets should be...

AMPEAK 2022: Key issues, themes and trends

It was great to attend the Asset Management Council’s annual AMPEAK conference in Canberra once again. Here are the key themes and trends from the event.

How to estimate the economic value of improved maintenance...

Using a value driver tree to estimate Economic Value Added can help reliability and maintenance managers build a business case for improvement initiatives.

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.

What is the 5 whys technique?

The 5 Whys technique offers a simple, effective way to uncover the root of an issue. It is best used in troubleshooting and quality-improvement initiatives.

What does a maintenance supervisor do?

Every company has a different idea of what a mechanical supervisor is responsible for, but there is still a core focus that should apply to anyone in the role.

5 quick tips for an effective CMMS

Your computerised maintenance management system may be the right fit for your organisation, but it can only be as good as your end users and their training.

Getting the most value from your CMMS

There is no perfect off-the-shelf CMMS. Let's discuss how you can tailor your business processes to match your information system workflow, and vice versa.

2021 asset management and maintenance priorities report

We surveyed maintenance and asset management professionals from a range of industries to determine what their priorities were for that year and what initiatives they were putting in place.

6 key themes from Mainstream 2021

We were proud to once again participate in Mainstream. Here are some of the key themes discussed at this year's conference.

Best Practice Maintenance Assessment for a Large Port Operator

Based on our best practice maintenance assessment, we assessed the maturity of the client’s maintenance management systems and practices.

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.

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...

Planning and scheduling: getting the basics right

How do we ensure that planning and scheduling department processes are performed effectively? By understanding the function and boundaries of the two processes.

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.

ISO 55010:2019 has been published

This is a companion document associated with ISO 55001:2014, the global standard for asset management, that provides guidelines to enable organisations better understand why, and how alignment between these...

We optimised our preventive maintenance without realising it

Review your preventive maintenance tasks. Commission a PMO process for your plant and equipment. You may be surprised at how much maintenance you don’t need to be doing.

Asset Performance Management (APM) – Key implementation issues and...

Let's discuss the challenges that we have observed our clients struggle with as they have implemented their APM solutions, and how to avoid falling for these same traps.

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?

Enterprise Asset Management (EAM) and Asset Performance Management (APM)...

Can you make sense of your asset related data? Can you use this data to optimise your business? Integrating data from the EAM system is not always smooth sailing.

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.

Putting a value on maintenance and reliability improvement

Let's consider how to obtain value in maintenance and reliability improvement projects, and approaches that we can take to estimate value from the improvement.

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.

Big data, predictive analytics and reliability: moving beyond better...

In this article, we continue our exploration by considering how developments such as big data and predictive analytics are contributing to reliability improvement.

5 tips for a better asset register

Your asset register is the foundation on which your asset management information systems are built. Here are 5 tips to make sure yours is rock solid.

Design your asset life cycles for reliability

Let's explore the communal accountabilities that should be considered in the design phase of an asset life cycle, and the roles that different parts of an organisation play to...

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