Asset Management

WHAT IS ASSET MANAGEMENT?

Asset management is an internationally recognised approach to the sustainable management of built infrastructure and services.

It is concerned with the financial, social and environmental sustainability of delivering services for our communities and the International Standard on Asset Management ISO 55000 defines asset management as:

the coordinated activity of an organisation to realise value from assets”.

Good asset management maintains an understanding of the cost, risk and performance trade-offs in the short, medium and long-term, when making decisions regarding community owned infrastructure assets. 

Asset management is about ensuring the delivery of services that the community values today – whilst delivering certainty for the generations of tomorrow.

IPWEA provides internationally and nationally recognised education, training and advocacy for those involved in delivering public works and engineering services to our communities.



QUICK LINKS


SUBSCRIPTION PROGRAMS
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NAMS+ provides staff in government and other asset intensive agencies access to the tools and templates to develop and update their Asset Management documents, aligned to ISO 55000 and 31000.

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Buildings.PLUS
Buildings.PLUS is a web-based software application that has been designed for people responsible for asset management, facility management and property management in any type of organisation that has a significant portfolio of buildings.

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AUS-SPEC is the national local government specification system for the life cycle management of assets. It is a joint venture between IPWEA and NATSPEC, with the objective to improve consistency, quality, and efficiency in construction through proactive leadership of information.

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PUBLICATIONS

IPWEA has an extensive suite of practice notes, technical guides, codes and specifications available to public works practitioners. These cover asset classes and topics such as roads, stormwater, water supply and sewerage, buildings, parks streetlighting, levels of service, climate impacts, useful life of assets and long-term financial planning.

IPWEA publications are written by industry experts and are continually updated to reflect industry best practice.

AM bookshop


VISIT THE IPWEA BOOKSHOP



HOW TO WRITE AN ASSET MANAGEMENT PLAN

NAMS CANADA

IPWEA has established NAMS Canada Incorporated as a not-for-profit association in Canada to provide access to IPWEA's NAMS+ asset management tools, publications & training. NAMS Canada works collaboratively with municipalities and existing associations in Canada. VISIT NAMS CANADA.

UPCOMING TRAINING


IN-HOUSE TRAINING

IPWEA's In-house workshops are a cost effective and convenient way to provide training that meets the needs of your organisation.

Presenters are able to customise IPWEA's courses to address the key issues and specific needs of your organisation.

IN-HOUSE TRAINING OPTIONS


ASK YOUR MATES: ASSET MANAGEMENT

  • Posted in: Asset Management

    Hi Andrew, Short answer is yes. All local government subscribers will now have access to a new AM Strategy template that was uploaded this week. The AM Strategy template complements the AM Policy and AM Plan templates and are aligned to IIMM and AIFMM, ...

  • Posted in: Asset Management

    Thank you Grant I think that is a really good point in relation to a retaining wall. I've also had a private response that is similar in relation to logically separating the two structures out. 1. Access structure to get to property (driveway/ pavement ...

  • Posted in: Asset Management

    Does anyone have any reference documents for getting good cost estimates to do repair works of reservoirs? Design/install new hatches Internal linings  Crack injection Safe access provisions Corrosion prevention programs I would appreciate ...

  • Posted in: Asset Management

    Thanks for sharing your paper Stewart, it was a great read. We're definitely on similar Asset Management transformations. ------------------------------ CatrinJohnsonCity of Marioncatrin.johnson@marion.sa.gov.au ------------------------------

    1 person recommends this.
  • Posted in: Asset Management

    Hi all I am a researcher and I have been working in the asset management area sometime now. We recently started working on the use of Machine Learning to categorise cracks in bridges which is yet to be published. I saw there was a discussion about use ...

    1 person recommends this.

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