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Approximately 15 years or so ago I watched a documentary on television about the milk industry. While it was fascinating, the one thing that caught my eye was the use of a dashboard that monitored the health of each and every cow while they were being milked. The dashboard recorded such items as quantity of milk, quality of milk, health of the individual cow e.g...

Odysseus-imc has been busy the past few months producing low cost, high quality apps to assist authorities to manage their infrastructure to a much higher standard than before. Consider this, for an up-front fee starting from AUS$1,000 per app per licence and an ongoing fee starting from $1,000 for annual maintenance per licence you can have an app on your mobile..

Yet another reporting tool for the Victorian Water Industry. The Department of Treasury and Finance has, in its wisdom decided to introduce the DTF Asset Management Accountability Framework (AMAF). The framework was introduced through publication in February 2016 and updated, again through publication in June 2016. The framework will not apply to financial assets..

PREMO (Performance, Risk, Engagement, Management, Outcomes) is a framework developed in the United Kingdom to be implemented in the Victorian Water sector. The framework is used to: Present the best service/price offer to customers in the business' price submissions; Compare the price submission against the Commission's expectations of a "standard" su..

In asset management we frequently discuss the balance of funding services and infrastructure. It is a balancing act that needs to be managed with caution. Many people consider that the theory is just that and then there was the City of Detroit. Detroit declared Chapter 9 bankruptcy July 17, 2013. But this did not happen overnight; it was a long term affair. ..

The intent of service planning is to provide an overall picture of the services provided but more than this it is intended to align the services and the assets needed to provide the services and identify the funding required in the future to support the services. Should council need to adjust the service funding the service plans provide council with the options ..

In Victoria, Council rates will be capped from mid-2016. In addition Councils will have to justify any increases above the inflation rate. “[T]his should not be seen as an opportunity to raise rates above inflation prior to the implementation of the rates cap … Unnecessary rate rises in 2015-16 may affect your eligibility for future rate cap exemptions,” s..

In the past few months based on the requests of clients I have undertaken significant research into the use and implementation of service plans. To my surprise, despite councils being awarded core asset management the quantity and quality of service plans leave a lot to be desired. Service plans across Australia vary in content. It is clear based on observation t..

Before I begin, what is an Asset Class Plan? An Asset Class Plan as the name suggests is an plan for asset classes or asset groups at a lower level than the asset management plan. The benefit of the asset class plan is that it is focused at a practical level and can therefore be used by the technical personnel to plan the management of the individual asset class..

Topic Strengthening Australia’s Creaking Infrastructure 47 billion reasons why a national approach is overdue Keynote Speaker Jeff Roorda, General Manager, Jeff Roorda & Associates (A TechnologyOne company).     In Partnership with Synopsis A national approach to strengthening the state of Australia’s Infrastructure is essen..

Recently released, testing is now complete – new to the industry, “ActivityMark”, the latest benchmarking tool on your android device. Benchmark your maintenance or the maintenance being done by your contractors against the standards. Feel comfortable in the knowledge that your maintenance is compliant or even above standard. If you wish to benchmark you..

Asset Management plans have been promoted over the years as essential for the ongoing management of infrastructure. The problem I have seen with clients is that they tend to gather dust on the shelf. In addition they can be expensive to produce and are more used as a statement of the now rather than the future. While I am still an advocate of asset management ..

By Paul Coady, Founder at The Lightning EAM Project A free and open-source project to create the World’s fastest Enterprise Asset Management System. https://player.vimeo.com/video/158332419 Lightning EAM Overview from BackSpace Academy on Vimeo..

I welcome the release of version 2 of the Australian Infrastructure Financial Management Manual (AIFMM). Its great to see financial managers and asset managers communicating at the same level. A must have for local government. http://www.ipwea.org/publications/bookshop/ipweabookshop/aifmm#sthash.HS29LzEV.dpuf..

The 5th edition of the International Infrastructure Management Manual has been released and now incorporates ISO 55000 amongst many other things including the 2015 Quickguide. Produced by the IPWEA I strongly recommend it if you want to move forward in asset management. The link to the web-site is: http://www.ipwea.org/publications/bookshop/ipweabooksho..

Downer and the Melbourne Cricket Club (MCC) are proud to set a new benchmark with Australia’s first Accredited ISO 55001 Certification for Asset Management. The ISO 55001 Asset Management Certification is for the Yarra Park Recycled Water Treatment Facility (RWTF), an MCC-owned facility that was designed and built by Downer and has been operated by Downer since..

Have you ever wondered what happens to the Olympic facilities after the games are finished? The findings may shock you. We don’t have to go back too far to find some serious trends occurring. Many of the Olympic facilities over the past 30 years have suffered from severe disrepair. The reasons are many ranging from: Poor long-term planning for the venues; ..

Well done to John Oliver. He’s summarised Asset Management beautifully. He should get an honourary degree in Asset Management if there was such a thing. Video Links: Short Version (3:24): https://www.youtube.com/watch?v=CikxgZCGgnI Long Version (21:14): https://www.youtube.com/watch?v=Wpzvaqypav8..