Asset Management is a series of …
… co-ordinated activities integrated across the organisation that balance cost, risk and performance of assets to deliver customer and community outcomes throughout the lifecycle.
(more…)Office Closure and Seasonal Greetings from the Asset Management Council
As we share a special end-of-year message from our National Chair of the Asset Management Council, we would also like to inform our esteemed members, partners, and community about our office schedule during this period.
Please be aware that our office will be closed from December 24, 2023, and will reopen on Monday, January 8, 2024.
(more…)The Future of Risk in Asset Management?
A White Paper entitled “ ISO31000:2018 – The Case for Reform” was recently released posing questions about the future of risk management. You can read the views expressed in this 140 page White Paper here.
If you would like to submit a comment on the document or would like to provide us with your views of the future of risk in asset management please get in touch and email info@amcouncil.com.au
What does an organisation need to do, at each step in an asset’s life, to deliver value from that asset?
Effective asset management considers the life cycle of each organisational asset, from initial definition of need through operations to end-of-life disposal.
(more…)What does your organisation need in an effective Asset Management System?
The Asset Management System Model illustrates the key components of an Asset Management System and how they inter-relate. These components include functions, processes and accountabilities.
(more…)How is successful asset management integrated with the strategic management of your organisation?
The Asset Management Concept Model describes the four principles of strategic asset management that incorporate asset decisions within overall leadership of the business. Executive leaders implement these principles to set the context for asset management and define the organisation’s objectives for assets.
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