At the highest level in the organisation, the Asset Management Concept Model describes the four principles of strategic asset management. These principles integrate asset management into management of the business and set the context in which executive leaders define the organisation’s objectives for assets.
(more…)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
Effective asset management considers the life cycle of each organisational asset, from initial definition of need through operations to end-of-life disposal.
(more…)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…)Under the Storey Bridge, some of the Asset Management Council Brisbane Chapter committee members enjoyed the “Getting to Know You” session at Fellon’s Hall during their Year End catch up.
(more…)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.
(more…)Asset management is fundamental to achieving the desired value from your assets. It intersects with many aspects of the business, from risk management to balance sheets.
(more…)Why is asset management important for your organisation?
Asset management encompasses the life cycle management of assets to achieve your organisation’s objectives. When implemented effectively, it ensures your assets deliver the desired value for your stakeholders.
(more…)We’re thrilled to share a snapshot from the Asset Management Council’s Canberra Chapter end-of-year celebration, a memorable evening held at the renowned Capital Brewery. Sheltering under a marquee to avoid the incoming storm, the photo captures a moment of camaraderie and industry connection, featuring (from left to right) Gary Pearce, Adam Hassan, Ed Gralton, and Rich Windsor. Despite the weather’s challenges, their spirits remained undampened, highlighting the resilience and strong community bonds within our industry.
(more…)Introduction
In a world increasingly shaped by the unpredictable forces of climate change, the need for sustainable and resilient asset management has never been more critical. The Sustainability and Resilience in Asset Management (SRiAM) Special Interest Group is at the forefront of this challenge, and we are excited to announce an opportunity for Asset Management Council members to contribute to this vital field. We are calling for expressions of interest to join a new Working Group focused on “Approaches for the Holistic Assessment of Climate Event Impacts.” This initiative is not just a call to action; it’s an invitation to be part of a groundbreaking journey.
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