October 23, 2019, 9:23 pm

News

AMPEAK 2018 | Upcoming Speaking Event

Assetivity is excited to announce it's annual sponsorship of the AMPEAK 2018 Asset Management Council Annual Conference, this year titled ‘Empowering Sustainable Change’.

The conference will be of significant value to all asset owners, asset management professionals and associated service providers from all industries. Be educated through a range of exhibits, case studies and technical content from industry experts in Electricity, Transport, Water, Facilities Management, Government as well as leading consultancies and service providers.

AMPEAK HEADER

 

Asset Management Accountability Framework (AMAF) – an overview

What is the Asset Management Accountability Framework (AMAF)?

In early 2016, the Victorian State Government’s Department of Treasury and Finance published and issued their Asset Management Accountability Framework (AMAF). The AMAF replaced the Victorian Government’s previous asset management framework “Sustaining Our Assets” and its related asset management series. (1) The AMAF is intended to assist Victorian public-sector agencies to manage their asset portfolios better and provide better services for Victorians (1). The AMAF provides guidance to all Victorian Government organisations which are subject to regulations of the Financial Management Act (FMA) of 1994.

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Big Data, Predictive Analytics and Reliability – Moving Beyond Better Maintenance

In earlier articles in this series, we have discussed the various functions within any business that can contribute to sound equipment reliability (design, operations, maintenance and supply).  We have also looked at the key tools and techniques that can be used by these functions, and where these may be applicable. 

In this article, we will continue our exploration of reliability topics by considering how developments such as the Industrial Internet of Things (IIOT), big data and analytics are contributing to reliability improvement.

We have previously explored the impact of these development on maintenance in our article ‘Big Data, Predictive Analytics and Maintenance’.  We have also explored the impact of these developments on traditional thinking about predictive maintenance in our article ‘The PF Interval – Is it Relevant in the world of Big Data?’

In this article, we will extend this exploration into the world of reliability engineering. Specifically, we will consider how the abundance of accessible and consistent data, combined with applications to support visualisation, modelling, analysis and machine learning are supporting the four key pillars of modern reliability engineering, namely:

  • Reliability by Design,
  • Operate for Reliability,
  • Maintenance Tactics Optimisation, and
  • Defect Elimination

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West Australian Department of Local Government and Communities (DLGSC) National Asset Management Assessment Framework (NAMAF) Support

The National Asset Management Assessment Framework (NAMAF) was developed by asset management professionals from across Australia under the guidance of the Australian Centre of Excellence for Local Government.  The NAMAF provides a methodology for assessing the maturity of a local government asset management and financial planning processes.  It comprises 11 elements against which local governments can self-assess their progress in implementing better practices, and develop improvement plans. 

Although intended as a national program, implementation of the NAMAF has proceeded state by state, with the, then Western Australian Department of Local Government and Communities (DLGC), now Department of Local Government, Sports and Cultural Industries (DLGSC), launching a program in that state in February 2014 as an extension of their Integrated Planning and Reporting initiative that had been running 2009.

At or about the same time, ongoing assessment of asset management planning by DLGC highlighted the need to improve the accuracy of asset condition and useful life data.

Read the article

 

New Article: Four Essential Tools and Techniques for Improving Equipment Reliability

This is the sixth instalment in an 8-part series relating to Reliability Improvement in asset-intensive organisations. 

In earlier articles in this series, we have discussed the various functions within any business that can contribute to sound equipment reliability (design, operations, maintenance and supply). 

In this article we will discuss some of the key tools and techniques that can be used by these functions, and where these may be applicable.  Due to space constraints, we will not be discussing these techniques in detail, but where appropriate, links have been included in this article to other articles that we have written for those that require more information.

 

Upcoming Training Courses

Wednesday, 23 Oct 2019 - Thursday, 24 Oct 2019
Location: Melbourne

Monday, 11 Nov 2019 - Tuesday, 12 Nov 2019
Location: Brisbane

Wednesday, 13 Nov 2019
Location: Brisbane

Thursday, 14 Nov 2019
Location: Brisbane

Friday, 15 Nov 2019
Location: Brisbane

Monday, 18 Nov 2019 - Tuesday, 19 Nov 2019
Location: Perth

Wednesday, 20 Nov 2019 - Thursday, 21 Nov 2019
Location: Perth
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