by Heidi | Feb 15, 2024 | AMBoK, Asset Management Council, Member Only, Publications
The AM Council is seeking expressions of interest from its membership for suitably qualified persons to join an enthusiastic team to review the Framework for Asset Management 2nd Ed. AMBoK Document. Here is a chance to contribute to the alignment of the AM Council’s generic asset management models with the No. 1 Asset Management Framework Document resource in the world, in light of recent updates in the AM Landscape – resources developed by industry for industry.
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by Heidi | Feb 14, 2024
Puffing Billy Railway is a Victorian tourism icon with a history that spans 125 years. With over $100 million of assets under management, the Railway’s portfolio covers everything from heritage-listed rolling stock to internationally awarded, ultra-modern architecture, all along 25 km of managed rail corridor. Its unique placement offers both challenges and opportunities to the Asset Manager. Five of Puffing Billy’s asset management challenges will be outlined, spanning pre-COVID to the years to come.
About the speaker:
Bret Butler, Group Manager, Infrastructure, Puffing Billy Railway
Bret has 40 years of operations and executive management experience in manufacturing and technical service companies in both Australia and New Zealand, across the tourism, facilities, property, engineering, forestry, and chemical manufacturing sectors. Bret has a Bachelor’s Degree in Applied Science and a Master’s in Business Administration. For the past seven years, Bret has been employed by Puffing Billy Railway as the Infrastructure Manager, responsible for the management of the majority of the Railway’s assets, including rolling stock, land, track infrastructure, bridges, buildings, the environment, construction projects, and the Museum. Bret is an ultra-marathon runner, part-time cook, book reader, has two daughters, a mad Kelpie named Harry, and is proud to be an active member of his local CFA brigade in Yinnar South.
by Heidi | Feb 12, 2024
- Based on “Living Asset Management Maturity” and its predecessor “Living Asset Management”, delivered by the authors!
- This one day Workshop distils key learnings and concepts on Maturity in Asset Management.
- Share insights and knowledge with the workshop presenters and your peers on Leadership to support the delivery of enhanced value from Asset Management.
- Experience practical examples and Case Studies on Maturity in Asset Management.
“Both this workshop and the book are a must for anybody wanting to make asset management real and deliver value”
Glenn (Shoey) Schumacher
About this workshop
As the organisational landscape evolves, so too does the role of the asset management. The publication of asset management standards, like ISO 55001 has brought asset management into the mainstream but the challenge today is how to ensure asset management is both embedded into the business objectives and consistently delivers organisational and customer value.
Who delivers the Workshop?
This Workshop is delivered by the members of the Living Asset Management Think Tank Inc. through the Asset Management Council Ltd. All the presenters have led asset management reforms in organisations ranging from the Public Sector & Defence, to blue chip publicly listed organisations.
How will you benefit?
This Asset Management Leadership and Maturity Workshop is designed to give your organisation a strategic edge by developing your skills to enable you to understand the drivers of Asset Management Leadership and Maturity and how to ensure Asset Management is integrated into, and aligned with, the broader organisation.
What will you learn?
Based on thinking from a range of organisations and contexts, this Workshop shows how to evolve your organisation’s asset management function from compliance to sustained value creation and provides you with a comprehensive coverage of the major issues associated with your role as a senior leader in today’s business environment,
Upon completion of this Workshop, you should be able to:
- Understand how the alignment between asset management and other organisational functions is key to creating and sustaining value.
- Increase your understanding of the role leadership plays in value creation.
- Understand the value that an asset management system can deliver.
- Examine the tensions between short and long-term priorities and diverse stakeholder interests.
- Enhance future strategic discussions with the knowledge and tools needed to improve asset management.
- Gain clarity on how asset management supports meeting legal responsibilities, and delivering community expectations and financial value.
What can you expect?
You will embark on a curriculum that is written and reviewed by experienced senior practising asset management professionals and participate in interactive discussions with senior leaders sharing experiences, ideas and thoughts.
The Workshop brings together asset management and organisational practices and demonstrates, through relevant case studies, how these can be applied to assure asset management creates organisational value.
Who should attend?
The Workshop is tailored for senior asset organisational leaders seeking to enhance and sustain value from asset management.
About the Living Asset Management Think Tank
The Living Asset Management Think Tank Inc. Reg No A0099210V is a group of internationally based, passionate asset management professionals who firmly believe in the value that asset management as a discipline, can deliver to organisations.
Workshop flyer available for download here.
by Heidi | Feb 6, 2024 | Asset Management Council, Member News, Member Only
The AMCouncil is currently preparing to introduce a new mentor-mentee matching system. This initiative aims to connect mentors with mentees, facilitating valuable professional relationships within the asset management community. We are actively seeking experienced and passionate individuals to enrich our mentor pool. Whether you’re a newcomer to the AMCouncil or have been involved in past mentoring efforts, we invite you to submit your details here.
by Heidi | Feb 6, 2024 | General, Publications
The Asset Journal welcomes editorial submissions for technical articles, opinion pieces, news, and business information.
The Asset Journal is the Asset Management Council’s official publication. Commencing in 2007, this quarterly Journal continues to cover the latest asset management and maintenance topics for its members and the wider asset management and maintenance community. It contains technical articles, tutorials, informal articles about current issues in asset management, chapter news, and updates from the CEO and Chairman.
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by Kai | Jan 31, 2024 | Events
Much focus is currently on the use of Artificial Intelligence in Aset Management and how to use this tool to advantage. The AM Council has planned a series of webinars taking a deep dive into the use of AI in asset management commencing in February. The topics to be discussed include Ethics in A.I, Asset Health in Road Infrastructure with A.I, A.I in the PDCA cycle of asset management, Role of A.I in image and video recognition for infrastructure. Join us for the first webinar 21st Feb
by Kai | Jan 31, 2024 | ISO 55000, Member News
Call for EOI – Volunteer to represent AMCouncil on Standards Australia MB-19 Asset Management Committee
The AM Council is seeking a volunteer member to represent AMCouncil on the MB-19 Asset Management Committee which is the Australian mirror committee for the ISO/TC251Asset Management Standards Committee. The position has become available due to the retirement of the current incumbents term.
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by Kai | Jan 31, 2024 | Uncategorised
The AM Council is seeking a volunteer member to represent AMCouncil on the MB-19 Asset Management Committee which is the Australian mirror committee for the ISO/TC251Asset Management Standards Committee. The position has become available due to the retirement of the current incumbents term.
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by Kai | Jan 24, 2024 | Member News
University of Liverpool in conjunction with industry has developed a robot which uses artificial intelligence (AI) to identify potential potholes. The robot is an autonomous road repair system (ARRS) which identifies cracks or potholes and then fills them to prevent further water intrusion into the pavement materials and thus further deterioration. This technology is to be trailed on local roads in Hertfordshire UK later in the year.
Read the full article at this link https://www.bbc.com/news/uk-england-beds-bucks-herts-67934795
by Kai | Jan 24, 2024 | Member News
Martin Kerr is the AM Council’s representative to Standards Australia MB-19 Committee which is the mirror committee for ISO/TC251. Martin is currently in Brazil to attend the international meetings where review of the ISO55001 document is being considered.
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