learning

  • Perth talks Financials 101

    DSC08999People from all around Australia watched on as Perth broadcasted their technical meet last night (a first for AMCouncil which we hope to do more of!) when Felicia Wong from Frontal Business Consultants explained how to understand, analyse and interpret financial statements using key ratios. The ability to understand financial statements is one of the imporant skills that will be condered favourably for upward career-mobility, and many people - both at the event and online - took the opportunity to learn more about it.

  • Perth talks Value, Improvement and Innovation

    Perth Event 22 Feb 2018 Main PhotoOur Perth chapter got together yesterday evening to kick off the first of many events for 2018, this one all about Value, Improvement and Innovation in Asset Management. James Wright (Jacobs) went through some practical examples of how to embed an effective asset management culture in organisations. Ian Moon from the Warship Asset Management Alliance Management Office followed up with exploring the understanding, development, implementation and challenges of Continous Improvement in a defence and industry alliance environment.

    Please check out some snaps below, taken through the course of the evening. If you have any of your own to add, please send to info@amcouncil.com.au

  • Repurposing Sydney's Rocks

    Sydney WiAM 18 October 3 fixOn the 18th October 2018, the NSW Women in Asset Management (WiAM) Special Interest Group hosted its second Sydney Chapter event; Miriam Stacy (Place Management, Property NSW) gave a thoroughly absorbing presentation on the role she and her team plays in repurposing heritage-listed property assets in The Rocks area of Sydney. 

  • Share your Story - Call for Webinar Presenters

    Share Your StoryAn essential service of any association is offering high quality continuing education and learnings to its professional members. As valued members of the Asset Management Council, we invite you to join us in our commitment to deliver relevant and engaging information to those who work in the field of asset management.

  • Smart City Infrastructure for the future of Newcastle

    Picture TwoDr Nathanial Bavinton, Smart City Coordinator for the City of Newcastle, last night presented at the Newcastle Chapter's March meeting on A Smart City Infrastructure for the future of Newcastle.

    With Newcastle moving rapidly to adopt smart city technologies as part of the urban revitalisation of the city, Federal and State governments are investing in the vision for infrastructure to enable a range of new approaches to asset management and service delivery, which will position the city as a technology development testbed.

  • Stainless Steel - Stain-less, not Stain-free

    David NicholasAt Newcastle's recent event, David Nicholas, Principal Consultant, Nicholas Corrosion Pty Ltd presented an interesting and engaging presentation on the variations of stainless steels used in domestic and industry applications. 

  • Superior Asset Performance at the AOG Knowledge Forum

    IMG 0574It was a great turn out for the Asset Management’s AOG Knowledge Forum panel discussion on Superior Asset Performanceyesterday. Thanks to the Panel (Julie Harrison, Michael Judd, Neil Clegg, Mark Mackenzie, Kevin McCafferty) and the audience for the great participation. Check out some more pics taken at the event below:

  • Sydney digs deep into Data Mining

    Steven Doran Picture 1Data Mining is one of those topics that conjures up thoughts of modelling a large amount of data without providing significant Asset Management value. Whilst there are a few companies that have invested significant time and energy into modelling a broad range of data to assist in decision making, this does not appaer to be a widespread approach in asset management.

  • Sydney look at Certification under ISO 55001 from the Certifying Auditors Perspective

    IMG 0672George Assaad, a passionate public speaker and expert in in developing, implementing and maintaining management systems for clients across a wide range of industries, engaged our Sydney chapter to be very interested in what some may say could be a dry topic on Certification under ISO 55001 from the Certifying Auditors' Perspectivelast week. The chapter may not have had an as energised audit speaker prior! George made sure that members were across the requirement that It’s ‘their’ decision to make sure that the right Asset Management decisions that are made are in line with the requirements of the ISO 55000 series standards.

  • Sydney on Asset Data/Information and the Restructuring of Existing Systems to Maximise Value

    A successful AGM was held by our AMCouncil Sydney chapter last Thursday. On behalf of the continuing committee members wewelcome Stephen Poropatto the AMC Sydney Chapter 2019committee! It will be great to have a new face (?) on the team as we continue our strong growth in the chapter.

  • Sydney on Asset Management across a multi-modal asset portfolio

    Sydney 21 Mar 19A great attendence of approximately 45 at Sydney's technical and networking session last week. It was noted that Mark Ragusa from Ausgrid has filled the remaining vacant committee membership position, and we welcome him on board.

    The Chapter then heard from Lucio Favotto, Principal Manager Infrastructure and Fleet Services, Transport for NSW. Lucio provided an insightful presentation on the following - Asset Management across a multi-modal asset portfolio - Transport for NSW (TfNSW).

  • Sydney Sings Praises about Opera House Site Visit

    The AMC Sydney Chapter conducted its annual site visit on the morning of Thursday 15th August. This year we had the privilege of being hosted for a behind the scenes tour of the iconic Sydney Opera House (SOH). SOH is an asset with a design life of 250 years, which opened in 1973 and hence is approaching 50 years old.

  • Sydney tackles power challenges

    IMG 1195Sydney chapter members enjoyed hearing some detailed insights last night, 17 May, into the application of Asset Management to the power distribution industry during a presentation by Murray Chandler - Ausgrid's Head of Asset Management Strategy, Performance & Innovation.

  • Sydney's Bring a Problem Night

    IMG 0074Sydney Chapter has thrown back to a meeting format from the 1990’s in its June meeting to take on “Bring a Problem’ night. With one very large complex problem presented from the team at John Holland Group asking the question, ‘How does an organisation that covers a large regional footprint with complex assets (e.g., Large Utility etc) best engage the large asset delivery workforce to ensure ownership of the desired outcomes?’ See the problem submitted in visual format here.

  • Symposium Registrations now open

    Sympoisum 2018 Registrations Open CroppedWe're excited to announce that registrations are now open for this year's symposium! This year's symposium will focus on Asset Management in Government and aims to bring representatives from various state governments together to share experiences and challenges in Asset Management and provide a forum for information sharing.

    Some items on the program include:

  • The Asset Management Value Proposition

    money 2724241 1920The Melbourne Chapter got together for a session last Thursday, 16 November to talk about the Asset Management Value Proposition. John Dyer, AusNet Services, and Tim Gowland, Energy Safe Victoria, explored more about the value being delivered in AusNet Services and the electricity industry more generally through asset management. The general consenis was that, for Asset Management to add value, the benefits must be greater than the cost (from the view of the stakeholder).

    To obtain a copy of John's presentation shared at this session, please visit here. (This content is available for members only, see our affordable membership options here).

  • The Enhanced Problem Solving Team at Shell

    Tanya Thumbnail for blogWhy do we keep solving the same problems more than once?  Traditionally problems are solved by an individual or a small team often overwhelmed by many daily problems meaning that time and attention is limited. 

    Once problems are solved, the actions and solutions are typically shared with a small population with the expectation that they will be implemented.  What checks and balances are in place to ensure the correct solution?

  • The Future has Arrived - Welcome to the Internet of Things

    blog 14With the relentless trend towards the miniaturisation of computer chips, sensors, actuating devices, and radio transceivers in microcontroller ICs, the potential for the Internet of Things (IoT) to really shake up the Asset Management industry is finally here. Discover more about how this transformative technology will change the way we all do business.

    The trend towards miniaturisation, which has now reached a tipping point, means that embedded systems can now be built into things and devices of almost any size at an affordable cost with sufficiently low power to enable batteries to operate the devices for up to ten years. In effect you can now monitor virtually anything cost effectively. It is anticipated that the IoT industry will be worth $19 trillion by 2020. But what will this mean for you?

    Read more here. (This content is available for members only, see our affordable membership options here.)

  • Unlock the Value of Asset Management

    BLOG 17Think asset management is just for engineers? Think again. Advanced organisation are increasingly realising that asset management maturity is critical to future operational, reputational and financial success. Discover how effective asset management provides a way of maximising value while balancing cost and risk associated with operation.

    As digital transformation continues to have a profound impact on the way companies monitor, measure and manage performance, operational assets are themselves becoming more networked, intelligent and efficient.  

    Read more here. (This content is available for members only, see our affordable membership options here).

  • Upcoming Complex Systems Leadership Workshop

    Complex SystemsThe AMCouncil is proud to support the upcoming Complex Systems Leadership Workshop in Sydney which will provide engineers with skills to address leadership which recognises the rapidly changing engineering business environment.