Introduction to Asset Management

CPD Points: 6 hours

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

The key objective is to maximise service delivery potential using a lifecycle approach to guide the planning, acquisition, operation and maintenance, renewal and disposal of assets while managing risks and costs.

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 Asset Management System 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:
    • What an Asset Management Plan is and how it connects to other plans in the Asset Management System.
    • The importance of assessing organisational maturity.
    • How your organisation can be financially sustainable.
  • 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.
  • 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


  • Not applicable


  • Knowledge of:
    • International Infrastructure Management Manual
    • Practice Note 8: Levels of Service and Community Engagement

Supporting Publication

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


More Information

For more information about this workshop, please contact us:

phone-icon.jpg 1300 416 745