Asset Management Council 1401

8/11/2019 Asset Management Council 1401

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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


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Partnering


ABOUT US


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Partnering


Who we are

Started in 1984 as a National Panel withinEngineers Australia

Technical Society of Engineers Australia

Company Limited by Guarantee, 2010

Board elected directly by members

Over 1500 membersand 3 partnering organisations

Approx 65 volunteers and staff form ourleadership teams


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Partnering


Vision

Enabling benefits for all, from

effective use of assets


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Partnering


Our Strategic Goals

Nurture a common understanding of assetmanagement, and provide a portal to assetmanagement knowledge and resources

Develop the knowledgeof Asset Management

Promote Application of Asset Management

Enable organisations to improvebusinessperformance

Develop personal and organisationalcapabilities


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Partnering


ASSET MANAGEMENTINTERNATIONALLY


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Partnering


Internationally

Global Forum on Maintenance and Asset

Management

the Asset Management Landscape is being

used to harmonise knowledge and practices

across the world.
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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 regulatorypurposes.


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Partnering


Internationally

Beyond the International Standard, there is

a developing set of processes and

measures to establish the maturity of an

organisations asset management system.


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Partnering


THANK YOU


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Partnering


RESOURCES AND ACTIVITIES


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Partnering


Content developed by Body ofKnowledge Team

National teams established

Publication through Web content

Provides Thought Leadership

Based upon AM Council publishedModels and Information


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Partnering


National and International Links

Founding memberGlobal Forum on

Maintenance and AssetManagement (GFMAM)

Contributor to GFMAMprojects

Member of AustralianPeak Bodies group


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Partnering


Asset Management

Certification

Scheme developed in 2008 in consultationwith industry

Implementation commenced late 2009 ontime

Scheme has Four Levels and issues aCompetency Profile


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Partnering


Asset Management Awards


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Partnering


Asset Management Awards

Celebrating thesignificant

contribution thatindividuals and

organisations make

to the advancementof asset management

in Australia, andinternationally


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Partnering


What are physical assets?


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Partnering


Planand

identify a suite

of actions

Dotheplanned

actions

Checkthat weachieved the

stated intent

Acton any

variances

discovere

d while.

Asset Concept Model


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Output Focus

Capabilities

Level ofAssurance

Learning

Organisation

Capabilities:Inherentfunctions 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:Acommitment to

measurable outputs

Asset Concept Model


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Partnering


What is Asset Management?

Lifecycle management of physical assets to achieve thestated outputs of the enterprise


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ISO55000

Asset

something that has potential value to an

organization


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ISO55000

Asset Management

Coordinated activities of an organisation to

realise value from assets


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Partnering


ISO55000

Asset Management System

set of interrelated or interacting elements ofan organization to establish policies and

objectives, and processes to achieve those

objectives


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PartneringOrganisations

Asset Management Council Slide 25

Asset Management PrinciplesAsset 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 strategicobjectives.


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Asset Management PrinciplesAsset 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 anorganization. Its origin is in the stewardship relationship between

the top management of an organization and its stakeholders.


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Asset Delivery ModelTypical Processes


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Stakeholder

Needs

Asset Delivery ModelTypical Processes


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ISO/IEC 15288 SystemsEngineering

DemandManagement

ISO/IEC 15288 SystemsEngineering

Systems Engineering

ISO 10007 ConfigurationManagement

ConfigurationManagement

IEC Dependability SeriesAcquisition

IEC Dependability Series

Maintenance and

Operations

ISO 9000 Quality ManagementContinuous

Improvement

Process Standards

Each process element is supported by a number of Standards:

Refer to amcouncil.com.au for further details


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Asset Management Council Slide 30 Asset Slide 30

Role of Information

Technology

Plan Do

CheckAct

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 PlanMaintenance Plan

Disposal Plan

Heritage Plan

Environmental Plan

Overarching:

Program Management Plan

WBS & Master Schedule

Risk Management Plan

Quality Management Plan


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Partnering 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 SupportSystems & Assets

IV & V Report

Safety Case & MAE

Operations Plan

Maintenance Plan

RAMS Improvements

Maintenance & Support

Improvements OPEXChange Needs Baseline

Asset Management Council 1401

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