by Heidi | Mar 14, 2024
The drive towards a sustainable future is reshaping the global landscape and has consequently moved to the forefront in the world of asset management. Since COP21 in 2015, organisations and governments have began addressing the huge challenge of decarbonisation. Since infrastructure, construction and operation constitutes 70% of global GHG emissions, sustainable asset strategies are a key enabler of this global ambition.
The energy transition transcends the energy sector, impacting organisations across the board. From utilities to transportation, and from manufacturing to public services, every asset portfolio is undergoing a pivotal change. Where once the triad of risk, performance, and cost dictated asset management, we now witness an incremental fourth dimension – sustainability.
Asset management principles are also evolving. The Institute of Asset Management’s Asset Anatomy’s fourth edition explicitly recognises the urgent need to embed ESG considerations, carbon abatement, and circular economy principles into asset management methodologies. This shift majorly attributes to the evolution of the 6-box capability model into a more holistic 10 Box perspective.
This presentation will unpack these changes and explore examples of asset portfolios around the world effectively applying these new and evolved capabilities, by employing novel renewable solutions, as they advance through the energy transition.
This is an in person event.
About the Speaker:
Emily Mulcair, Manager, KPMG
Emily is a Manager in KPMG’s Engineering and Asset Management team. Spending her early career in Ireland working on biomethane and hydrogen feasibility and detailed design projects, Emily now consults on largescale energy system reviews, maintaining a passion for the integration of renewable gas into the global energy mix in the transition to net zero.
by Heidi | Mar 14, 2024
Asset managers are often pawns in achieving an organisation’s desired balance of “cost, risk, and performance”. Put another way, when the numbers don’t add up, one or more of these three characteristics must change— but which? Two of the characteristics are readily evident and measurable, while risk is not. Achieving desired performance along with budget cuts seems seductively possible— for a while. But like gravity, the inevitable increase in risk exposure, in the form of deteriorating reliability and availability, takes hold. Like gravity and mass, reliability and availability possess inertia. Thus, by the time the impacts of budget cuts become evident, the originator has taken their bonus and left the scene of the crime, leaving a successor with the hard sell of recovery, which may take years of additional expenditure. Successful asset managers understand the importance of protecting their budget through the defensibility of every line item of expenditure. This presentation by Jim Kennedy will explore the production of a defensible preventive maintenance program as an essential core of any asset management plan. Key to this exploration is “risk and maths”, noting that it is not the task that determines the budget cost but how often the task must be done to assure desired performance.
About the speaker:
James (Jim) Kennedy, Director, Interlogis Consulting Pty Ltd; Founding Chair and Past Sensei, Asset Management Council (Australia); and Past Member IEC TC56 – Dependability Standards.
Jim is a Mechanical Engineer with postgraduate qualifications in Risk Management and also in Maintenance Engineering and Management from Swinburne University in Melbourne. He has over 55 years’ experience in maintenance and asset management in the aerospace, rail, power, water, and defence industries.
For the last 30 years, Jim has been directly involved in asset management activities, including 9 years as Technical Director of the Maintenance Engineering Society of Australia (MESA) and 8 years as Chair and Board member of the Asset Management Council. He has authored two manuals on Reliability Centred Maintenance and Asset Management and has presented 70+ papers in Australia, Europe, the Middle East, Africa, and South America.
Over the last 15 years, Jim has worked part-time with Australian Maritime Defence in adapting an evolving asset management discipline to a military environment with a long history. Jim’s standards activity in the IEC Technical Committee TC56 includes either new or revised standards for Reliability, Maintenance and Maintainability, Support and Supportability, Dependability Specifications, and Reliability Centred Maintenance.
by Heidi | Mar 14, 2024
Join us for an insightful panellist session brought to you by the Young Asset Management Practitioners (YAMP) group and the Sydney Chapter of AMCouncil. This event is designed to help emerging professionals build and advance their careers in asset management. We will hear exciting stories from our panellists, as they share their professional experiences in asset management, discuss the various career paths in the industry and provide advice for professional growth as an emerging practitioner. Whether you’re a young professional or a seasoned practitioner, this event promises valuable insights and networking opportunities. While the event is primarily aimed at YAMP members, all are welcome to attend, including non-YAMPs. Don’t miss this chance to learn from industry experts and connect with fellow professionals. Our panellists include:
- Irina Tyan, Electrical Network Access Coordinator, Sydney Trains
- Maddy English, Manager, Engineering and Asset Management, KPMG
- Braeden Knox, Asset Management Consultant, WSP
- Amel Tokalic, Senior Track and Civil Engineer, UGL Regional Linx
Introducing the Panellists:
Irina Tyan is the Electrical Network Access Coordinator at Sydney Trains, organising, planning, and prioritising electrical resourcing for network shutdowns and outages. She has held engineering roles within the aviation industry and across Sydney Trains Asset Management, and has been involved with developing and implementing track worker safety initiatives. In addition, Irina has worked extensively as an advocate for women in engineering and worked with various organisations in engineering outreach at primary, secondary, and tertiary levels.
Maddy English is a Manager in KPMG’s Engineering and Asset Management Team. She is an engineering professional with six years of experience working primarily with water utilities and a long held interest in the preservation of the natural environment. Following her graduation from the University of Sydney with a degree in civil (environmental) engineering, Maddy commenced her career at AECOM, primarily working on wastewater planning projects. Maddy then transitioned to KPMG in 2019 to gain broader exposure across sectors and projects. Focussed on energy and utilities, Maddy’s current work involves optimising asset management practices to enhance customer value efficiently. Recent projects include translating technical engineering models into strategic investment plans for utilities and assessing climate risks for infrastructure maintenance and investment. Beyond her client work, Maddy actively promotes women to consider STEM degrees through KPMG’s partnerships with Robogals and engages in sustainability initiatives focussed on waste management and climate action.
Braeden Knox is an Asset Management Consultant, and has been part of the WSP Strategic Asset Management Team for over one and a half years. Braeden has a bachelor’s degree in Mechatronic Engineering and Creative Intelligence and Innovation. Prior to his graduation, he was a Systems Engineering Intern at Thales in the Security and Communications team. In his career at WSP, Braeden has played a pivotal role in projects that include the development of Asset Management Plans, performing Asset Management Maturity Assessments, Asset Assurance, Technical Due Diligence, Standards Development, and Technical Maintenance Plan Development for key infrastructure projects like the Parramatta Light Rail and the Sydney Harbour Bridge. His professional interests are focused on the AI space, which he has adeptly incorporated into his work, as well as Data and Process Automation, and exploring how organizations operate and communicate effectively.
Amel Tokalic is a seasoned Senior Track Engineer with extensive expertise in rail asset management, design and operations. Currently, Amel manages Track and Civil Standards and enhances Asset Management processes at UGL Regional Linx, and is responsible for more than 2200km of operational line on the NSW Country Regional Network. Prior to joining UGL Regional Linx, Amel has held Track Engineering and Asset Management Principal roles in BHP Iron Ore Rail, and has previously contributed to engineering and asset management on multiple rail networks across Australia.
by Kai | Mar 13, 2024 | Member News
Notice is hereby given that the 2024 Annual General Meeting of the Asset Management Council Ltd will be held as follows:
Place: Adelaide Convention Centre, North Terrace, Adelaide SA 5000
Date: Monday 15th April 2024 at 1:00pm AEST
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by Heidi | Mar 12, 2024
This one day training course offers a thorough overview of asset management. The purpose of the Asset Management Fundamentals program is to understand the fundamentals of asset management and how they can provide benefits to the organisation.
Course learning objectives:
- Define asset management within the context of ISO 5500x suite, the Asset Management Landscape and AMBoK
- Identify the principles that underpin asset management
- Identify available asset management tools and techniques that are applicable within organisational context
- Identify opportunities to apply these learnings to improve individual and organisational performance.
Course materials provided in conjunction with online course:
- Asset Management Fundamentals Workbook: covering the modules and learnings on the course
- Living Asset Management, by J Lafria and J Hardwick: whilst touched-upon during the course, this book focuses on the subject of people and the need for good leadership and strategies for developing a high performance culture which ensures excellence in asset management. Click here for more information on Living Asset Management.
- Asset Management Council Framework Book: Defines the strategic concepts of which the AM Council’s Asset Management Body of Knowledge (AMBoK) comprises.
- AMBoK Publication 001; Companion Guide to ISO 55001
The Online Exam
To recognise and quantify your learning, an online exam is initiated on the day of the course. Should you choose to take and complete the exam, pass the exam, and agree to comply with a Code of Ethics, you will be certified as a Certified Associate in Asset Management (CAAM) – enabling you to offer evidence to your current and future employers of your personal asset management capability and present them with the knowledge that you have a deeper understanding of asset management related topics and issues. Your CAAM is a great step towards furthering your career in asset management.
Course flyer available for download here.
by Heidi | Mar 6, 2024
Luke Cunningham, Head of Asset and Engineering at UGL Regional Lynx, will describe the scale of the Country Regional Network (CRN), and will also provide an understanding of the vast range of asset types and their ages within the CRN. Luke will then explain how managing these assets requires strategic thinking and skills to achieve the desired outcomes for such a varied asset population.
About the speaker:
Luke Cunningham, Head of Asset and Engineering, UGL Regional Lynx
Luke Cunningham currently holds the position of Head of Asset and Engineering at UGL Regional Linx. UGL Regional Linx has the Operate and Maintain contract for the Country Regional Network (Rail). A prior winner of the PWI Young Achiever Award, Luke Cunningham has worked across various government and commercial entities in NSW. Passionate about infrastructure, railways, and people, Luke strives to improve work practices and further develop maintenance strategies and asset intelligence. With close to two decades of experience within the rail industry, he has spent the majority of his career working on the NSW Country Regional Network. Luke has held a variety of roles in asset management, engineering, and maintenance.
by Heidi | Mar 6, 2024 | General
AM Council delegates Dave Daines and John Hardwick are participating in the GFMAM – Global Forum on Maintenance and Asset Management Meeting in Knoxville, USA, which is being held in conjunction with the MARCON2024 conference (4th – 7th March). John Hardwick also assisted in facilitating a half-day Asset Management workshop at the conference.
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by Heidi | Mar 4, 2024
- Why are you using AI? Understanding your needs and identifying suitable solutions
- Common, costly mistakes
- Law, ethics, and an evolving regulatory landscape
- Practical steps you can take
Presenter:
Linda Przhedetsky
AI Policy Expert at the University of Technology
Linda is an accomplished policymaker, researcher, and advocate dedicated to addressing the pressing challenges posed by emerging technologies. With experience spanning government, academia, and non-profits, she is passionate about ensuring that AI systems are designed, implemented, and used lawfully and fairly. As a technology policy researcher at UTS, her expertise in the ethical development and regulation of AI has earned her recognition in esteemed academic forums. She is a Research Fellow at the Gradient Institute and most recently held the role of Associate Professor at the Human Technology Institute. She is also a Board Director at the Tenants’ Union NSW. Linda’s work has been featured extensively in Australian media, including on the ABC, The Guardian, The Saturday Paper, SBS, The Financial Review, and more.
Moderated by:
Alex Afshar, Managing Director, Dolanto Pty Ltd
by Heidi | Mar 1, 2024
This will be a hybrid event, with options for those who can attend in person and those who would prefer to access the event online. This event showcases a dynamic duo of presentations that spotlight the forefront of infrastructure resilience and data-driven management in New Zealand. With a focus on innovative approaches to asset management and climate adaptation, attendees will gain insights into cutting-edge practices and collaborative projects aimed at enhancing the sustainability and efficiency of urban infrastructure. From pioneering data collection methodologies to integrating environmental insights into asset management, these presentations promise to deliver valuable perspectives and strategies for addressing contemporary challenges in infrastructure planning and climate resilience. Join us to explore the synergies between technology, data, and environmental foresight in shaping the future of New Zealand’s transport and urban landscapes.
Agenda:
- 5.00pm: Arrival and registration
- 5.10pm: Event opening by AMCouncil NZ Chapter
- 5.15pm: Preparing for the worst: Asset Management with Environmental Insights, by Jason Blac, Senior Consultant – Strategic Advisory (Digital), WSP; and Dr Rowan Dixon, Associate Director – Strategic Advisory, WSP
- 5.50pm: Cracking the Transport System: A National Future-Ready Approach to Consistent Condition Data Collection, by Shaun Lion-Cachet, Principal Consultant, Invise Ltd
- 6.25pm: AMCouncil NZ Chapter AGM
About the presentations and speakers:
Presentation 1: Preparing for the worst: Asset Management with Environmental Insights
Our journey supporting Hastings District Council (HDC) began back in 2019 when we collaborated with them to digitise the Toitoi Arts and Events Centre using laser scanning, 3D modelling, and linking key asset information. This project has expanded over the years to include the adjacent Toitoi Municipal Building, culminating in a comprehensive Asset Information Model (AIM) of both buildings.
A key development has been the integration of climate change data within the asset information model to enhance building resilience. This initiative demonstrates the potential of digital technologies, and particularly Asset Information Models, in fostering climate-resilient urban infrastructure.
Key Points:
- Objective: To illustrate the integration process and benefits of including digital climate change data into an asset information model.
- Methodology: Overview of the process, how we discussed strategic climate priorities and challenges for HDC, how these informed the next steps, and how this was used to inform the Asset Information Model.
- Challenges and Solutions: Discussion on merging climate data with the existing asset information model and how we navigated them.
- Outcomes and Benefits: Adding value to enhance asset resilience, improve risk assessment, and support informed decision-making for climate adaptation strategies through digitisation.
This presentation aims to showcase the project’s approach to leveraging an existing asset information model to assist in understanding and mitigating the impacts of climate change on critical infrastructure.
Jason Blac, Senior Consultant – Strategic Advisory (Digital), WSP
With over a decade of experience in Project Management and Digital Advisory from the UK and the burgeoning digital sector in New Zealand, Jason harbours a deep passion for supporting and guiding clients on their transformation journeys. He served as the Project Manager for the award-winning projects at Auckland International Airport (AIA), Auckland District Health Board (ADHB), and Hastings District Council (HDC) – specifically, their Digital Twin initiatives. These projects entailed developing client workshops, crafting strategic roadmaps, leveraging emerging technologies, and fostering partnerships across multiple teams. A significant focus of Jason’s current and past roles has been on project governance and reporting, ensuring transparency, accountability, and efficiency in leading successful, multi-talented teams. He brings an in-depth understanding of designing and implementing outcome-focused strategies to this project.
Dr Rowan Dixon, Associate Director – Strategic Advisory, WSP
Dr. Rowan Dixon heads the climate and futures insights advisory at WSP NZ. His extensive training and experience across both government and private sectors have honed his expertise in scrutinizing climate and sustainability policy and practice in Aotearoa and with its international partners. Rowan is dedicated to assisting decision-makers throughout Aotearoa in navigating, enhancing, and realizing their infrastructure ambitions. He holds a PhD in Political Economic Geography and a Master’s in Planning. Throughout his career, Rowan has occupied pivotal roles in the built environment, climate, and commercial sectors, including positions at the Ministry for the Environment, Dunedin City Council, and Fairtrade ANZ.
Presentation 2: Cracking the Transport System: A National Future-Ready Approach to Consistent Condition Data Collection
Consistent condition data is increasingly important in the New Zealand transport sector’s approach to lifecycle asset management, benchmarking, performance management, and investment decision-making. Te Ringa Maimoa is leading the implementation of a consistent approach to the collection of pavement and surfacing condition data for all local authority sealed roads. The Consistent Condition Data Collection (CCDC) project is being developed collaboratively by sector representatives from councils and Waka Kotahi, supported by industry subject matter experts. This presentation will focus on how a new Centre of Excellence will collaboratively co-manage the national delivery of the pavement condition data collection programme for the state highway and local road networks from July 2024.
Shaun Lion-Cachet, Principal Consultant, Invise Ltd
Shaun Lion-Cachet is a Chartered Professional Engineer with over 30 years of experience in leadership, engineering, asset management, project management, and staff management across both the public and private sectors. His technical skills encompass transport infrastructure planning and engineering. His most recent role was as RATA Manager at Co-Lab (Waikato Local Authority Shared Services), providing shared transport asset management services to ten Waikato councils. This role involved offering strategy, guidance, and engineering services in complex and diverse operating environments across those ten organisations. Shaun is currently a Principal Consultant at Invise Limited, providing advisory services to address challenges for NZ infrastructure owners. A current project includes the Consistent Condition Data Collection (CCDC) project for NZTA, where his key tasks involve the establishment and management of two new data collection contracts.
by Heidi | Mar 1, 2024 | Chapter News
As we step into a new chapter of our journey at the Asset Management Council Sydney Chapter, it’s a time of reflection, gratitude, and anticipation. The dedication and passion of our committee members are the bedrock on which our community stands, fostering growth, innovation, and excellence in asset management.
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