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.
- 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.
- 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
- Finance Managers
- Asset Accountants
- Technical Officers
- Inspectors and Assessors
- Community Engagement Officers
- 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
- Levels of Service and Community Engagement