Asset Management

WHAT IS ASSET MANAGEMENT?

Asset management is an internationally recognised approach to the sustainable management of public works 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.

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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

    To add to David's comment, land includes all fixtures there on, including, buildings, (and their fixtures) infrastructure (including roads and other network assets) open space structures and so on. Further, Acts differ across the country but they all ...

  • Posted in: Asset Management

    Hi Graeme, looking back at Brian Milne's email to me he tipped me off you were members of the Roads program, I must have skipped over it! I will send you a copy of the Yardstick Parks Surveys questionnaire via your work email.   FYI we piloted a Yardstick ...

  • Posted in: Asset Management

    Hi Everyone, At Melton City Council these assets are captured and brought in as soon as Practical Completion is issued, but with On/Off maintenance dates clearly stated.   ​ ------------------------------ RIMA ZREIKAT Melton City Council STRATEGIC ...

  • Posted in: Asset Management

    We don't let retaining walls straddle a boundary, when you're doing a subdivision where you have control of both sides of a new private property boundary, the retaining wall (incl. footing) is contained within the high lot. If the shared boundary is with ...

  • Posted in: Asset Management

    Hello colleagues, I'm in the process of constructing/writing our AMP and SAMP using NAMS+ for Lismore City Council. Is there anyone out there from a highly resourced Council that would be willing to send me a copy of their AMP and SAMP so that I can ...

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