The document discusses asset management and is a presentation from the Asset Management Council. It describes the council's goals and activities in developing asset management practices through standards, certification, and knowledge sharing both domestically in Australia and internationally.
The document discusses asset management and is a presentation from the Asset Management Council. It describes the council's goals and activities in developing asset management practices through standards, certification, and knowledge sharing both domestically in Australia and internationally.
The document discusses asset management and is a presentation from the Asset Management Council. It describes the council's goals and activities in developing asset management practices through standards, certification, and knowledge sharing both domestically in Australia and internationally.
The document discusses asset management and is a presentation from the Asset Management Council. It describes the council's goals and activities in developing asset management practices through standards, certification, and knowledge sharing both domestically in Australia and internationally.
Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 1 Asset Management Deliver Business Outcomes, Manage Risk Sally Nugent Chief Executive Officer, Asset Management Council Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 2 Outcomes from Asset Management Doubling of share price Putting a man on the moon Turning an old refinery into a world-class facility Improving safety Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 3 ABOUT US
Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 4 Who we are Started in 1984 as a National Panel within Engineers Australia Technical Society of Engineers Australia Company Limited by Guarantee, 2010 Board elected directly by members Over 1500 members and 3 partnering organisations Approx 65 volunteers and staff form our leadership teams
Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 5 Vision Enabling benefits for all, from effective use of assets Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 6 Our Strategic Goals Nurture a common understanding of asset management, and provide a portal to asset management knowledge and resources Develop the knowledge of Asset Management Promote Application of Asset Management Enable organisations to improve business performance Develop personal and organisational capabilities Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 7 ASSET MANAGEMENT INTERNATIONALLY Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 8 Internationally Global Forum on Maintenance and Asset Management the Asset Management Landscape is being used to harmonise knowledge and practices across the world. Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 9 Internationally New International Standards in Asset Management, ISO 5500x For asset intensive organisations, these standards offer the possibility of developing or enhancing key competitive benefits. Some industries and government departments will also use the standards for regulatory purposes. Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 10 Internationally Beyond the International Standard, there is a developing set of processes and measures to establish the maturity of an organisations asset management system. Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 11 THANK YOU Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 12 RESOURCES AND ACTIVITIES Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 13 Content developed by Body of Knowledge Team National teams established Publication through Web content Provides Thought Leadership Based upon AM Council published Models and Information Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 14 National and International Links Founding member Global Forum on Maintenance and Asset Management (GFMAM) Contributor to GFMAM projects Member of Australian Peak Bodies group Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 15 Asset Management Certification Scheme developed in 2008 in consultation with industry Implementation commenced late 2009 on time Scheme has Four Levels and issues a Competency Profile Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 16 Asset Management Awards Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 17 Asset Management Awards Celebrating the significant contribution that individuals and organisations make to the advancement of asset management in Australia, and internationally Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 18 What are physical assets? Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 19 Plan and identify a suite of actions Do the planned actions Check that we achieved the stated intent Act on any variances discovere d while. Asset Concept Model Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 20 Output Focus Capabilities Level of Assurance Learning Organisation Capabilities: Inherent functions of a physical asset or organisation Level of Assurance: Quantifiable level of confidence in the delivery of a Capability Learning Organisation: An organisation that actively seeks change in environment or domain knowledge and adapts to improve its products or services Output Focus: A commitment to measurable outputs Asset Concept Model Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 21 What is Asset Management? Lifecycle management of physical assets to achieve the stated outputs of the enterprise Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 22 ISO55000 Asset something that has potential value to an organization
Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 23 ISO55000 Asset Management Coordinated activities of an organisation to realise value from assets Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 24 ISO55000 Asset Management System set of interrelated or interacting elements of an organization to establish policies and objectives, and processes to achieve those objectives
Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 25 Asset Management Principles Asset management is founded on a set of principles. Some are common management principles. Assets exist to provide value to the organization and its stakeholders Asset management does not focus solely on the asset itself, but on the value that the asset can provide to the organization.
Asset management transforms strategic intent into technical and financial decisions, plans and activities Asset management decisions (technical, financial and operational) collectively enable the achievement of the organizations strategic objectives. Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 26 Asset Management Principles Asset management is founded on a set of principles. Some are common management principles. Leadership and workplace culture are determinants of value realization Leadership and commitment from all levels of management are essential for successfully establishing, operating and improving asset management within the organization.
Asset management requires the assurance of fitness for purpose The need for assurance arises from the governance process of an organization. Its origin is in the stewardship relationship between the top management of an organization and its stakeholders. Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 27 Asset Delivery Model Typical Processes Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 28 Stakeholder Needs Asset Delivery Model Typical Processes Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 29 ISO/IEC 15288 Systems Engineering Demand Management ISO/IEC 15288 Systems Engineering Systems Engineering ISO 10007 Configuration Management Configuration Management IEC Dependability Series Acquisition IEC Dependability Series Maintenance and Operations ISO 9000 Quality Management Continuous Improvement Process Standards Each process element is supported by a number of Standards:
Refer to amcouncil.com.au for further details Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 30 Asset Management Council 2010 Slide 30 Role of Information Technology Plan Do Check Act Strategic Plan Business Plan Investment Plan Financial Plan Systems Engineering Management Plan Safety Management Plan Configuration Management Plan Data Management Plan HR & ILS Plan Software Management Plan Verification & Validation Plan Operations Plan Maintenance Plan Disposal Plan Heritage Plan Environmental Plan Overarching: Program Management Plan WBS & Master Schedule Risk Management Plan Quality Management Plan
Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations Asset Management Council Slide 31 Business Case Operational Concept Document Strategic Plan (Annual, 5 yr and 10 yr) CAPEX Functional Performance Specification Allocated Baseline Detailed Design Review DDR, Critical Design Review CDR Audit Plan As Built Baseline Logistic Support Systems & Assets IV & V Report Safety Case & MAE Operations Plan Maintenance Plan RAMS Improvements Maintenance & Support Improvements OPEX Change Needs Baseline
