Introduction to Asset Management

All levels of government are responsible for managing the entire lifecycle of their infrastructure assets with the objective of providing the agreed level of service in the most cost-effective manner.

Using a lifecycle approach to guide the planning, acquisition, operation and maintenance, renewal and disposal of these assets is essential for better outcomes.

The key objective is to maximise service delivery potential and manage asset related risks and costs over the useful life.

The Introduction to Asset Management course provides a comprehensive overview of asset management and how it can provide benefits to your organisation.


Workshop Objectives

  • Gain an understanding of the core principles of asset management considering ISO 55000 requirements by:
    • Taking a lifecycle approach to improve lifecycle analysis and long-term planning
    • Enhancing service level planning and reporting
    • Understanding your organisations appetite for risk
  • Learn to demonstrate how your organisation can be sustainable by linking Asset Management and service level forecasts with the Long-term Financial Plan.
  • See what others have done.
  • Know what tools are available to you.
  • Opportunity to discuss AM planning processes with your peers.

Workshop Outcomes

  • Understand the importance of applying sound asset management principles for better outcomes.
  • Assist in improving your organisation's service delivery performance and reporting.
  • Be better equipped to identify and manage the consequences and likelihood of infrastructure risks.
  • Produce risk-based forecasts – maintenance and renewals derived from a sample dataset.
  • Be better informed on financial planning and reporting principles.
  • Understand that forecast options relate to service and risk consequences.
  • Provide credible decision support by linking lifecycle forecasts to the Asset Management and Long-Term Financial Plans.


Who Should Attend

All staff involved in managing and delivering services from infrastructure assets would benefit from this course. While specific content is covered in greater detail in the other programs, this course is recommended as a pre-requisite to provide underpinning knowledge to future learning.

Typical attendees include:

  • Staff new to asset management
  • Executive Managers
  • Engineers
  • Finance Managers
  • Asset Accountants
  • Coordinators
  • Technical Officers
  • Inspectors and Assessors
  • Community Engagement Officers

Workshop Presenters

  • Murray Erbs | Chair NAMS Council, IPWEA
  • Allen Mapstone | Director Strategic Asset Management, IPWEA
  • Steve Verity | Principal Advisor Asset Management, IPWEA

View presenter profiles >


Recognised Prior Learning

Essential

  • Not applicable

Desirable

  • Levels of Service and Community Engagement

Upcoming training in your Division


Victoria

Strategic Asset Management Intensives 3-day series

Starting 25 March

Register now


Western Australia

Introduction to Asset Management 1-day workshop

9 April

Register now


South Australia

Asset Management Intensive 3-day workshop

Starting 29 April

Register now

Supporting Publication


The workshops are based on the concepts & guidelines presented in IPWEA’s International Infrastructure Management Manual (IIMM)

IIMM.gif


More Information

For more information about this workshop, please contact us:

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