Asset Management Advisory
The Victorian government is rolling out the Asset Management Accountability Framework (AMAF) to all departments and agencies. This translates the ISO 55000 asset management standard into treasury policy and is enshrined in state law. Coliban Water wanted to introduce an asset management system (AMS) that complied with the AMAF and turned to Innovative Thinking (IT) to develop the system design. The project provided a framework for the agency to introduce asset management and the processes, systems and skills uplifts that were required to manage assets from design to disposal. Innovative Thinking (IT) conducted a maturity analysis and identified the changes that would be required.
This program design included:
Development and alignment of goals and objectives
Policy and strategy development
Asset management classes and plan development
Risk management processes
Process design and integration
Managed outsource providers
Asset audit strategy
Continuous improvement and knowledge auditing
Innovative Thinking (IT) provided an asset management implementation plan (AMIP) that detailed the steps to compliance with the AMAF.