[Case Study] Energizing Capital Expenditure Planning

With the largest energy network in Australia, Ausgrid needed a bestpractice modeling application to plan its future capital expenditure projects with greater efficiency, flexibility, and accuracy. They chose to work with SAP, who recently exhibited at the AM Council's annual AMPEAK Asset Management Conference. By implementing the SAP BusinessObjects™ Planning and Consolidation application, they increased the accuracy and reliability of capital forecasts and lowered the cost of forecast audits, scenario analysis, and regulatory compliance. The full case study may be found below.  

Read more: [Case Study] Energizing Capital Expenditure Planning

GFMAM Communique, September 2012

The Global Forum on Maintenance and Asset Management (GFMAM) held its seventh face-to-face meeting from 9-14 September 2012 in conjunction with Abraman (Brazilian Society for Maintenance and Asset Management) 27th Congress in Rio de Janeiro.

gfmam september 2012
Members of the ABRAMAN Board and the GFMAM Council

Read more: GFMAM Communique, September 2012

Qualitative versus Quantitative Risk - Which is best?

Many organisations believe that qualitative and semi quantitative risk assessments are adequate to determine where their allocated budget should be best spent. Others argue that while such tools may be useful as a filter for actions that must be taken or that are not necessary, only quantitative risk assessment (identification, analysis and evaluation) can determine what tasks and associated budgets are defensible to the organisation's financial approving authority.

What do you think?

Leave your comment and read other people views at the Asset Management Council group discussion on LinkedIn.