Plan your asset management strategies to optimise the entire asset life cycle.
These articles cover our knowledge on strategic asset management and how to obtain greater value from assets to meet specific business goals. Receive new articles direct to your inbox by subscribing to our newsletter.
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.
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.
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.
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 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 complete guide to implementing ISO 55000
In this eBook we provide an overview of the ISO 55000 series of standards, and the value of implementing asset management systems, plans and strategies.
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 strategy template
This template assists individuals and organisations to develop a practical asset management strategy that will improve asset management performance.
Strategic asset management plan (SAMP) template
We have developed a Strategic Asset Management Plan Word template for you as a guide for establishing a SAMP that is aligned with ISO 55001.
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.
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.
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.
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.
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...
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.
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 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 plan template
There is no single “right way” to structure an asset management plan, but this AMP template will help you create one that will work for your organisation.
Asset management policy template
We have prepared an editable asset management policy Word template for your convenience, so you can create a policy that works for your organisation.
How to manage the life cycle of your classified...
Let's discuss the key activities associated with the acquisition, operation, maintenance and disposal of classified plant and equipment.
Key asset management processes – Implementing ISO 55000
The asset management planning and decision making process is a key process for successful asset management, but what other processes should we draw from?
Leadership organisation for effective asset management – Implementing ISO...
Let's explore how to build an asset management organisation, how to build an appropriate workforce structure, and how to lead it to success.
Asset management planning for electronic equipment
For electronic assets, we can do a few mechanical based tasks to prevent mechanical modes of failure that will cause the device to functionally fail.
Integrating and aligning foundation documents – Implementing ISO 55000
Let's explore how to establish an integrated planning approach that will generate cohesive planning documents, based on what we’ve seen work (and fail) in practice.