AMS Practices at the Local Level

This presentation highlights how asset management practitioners, at the local level, are always aware of the importance of the service provider. The International Infrastructure Management Manual contains guidance and advice on asset management information systems. Theory is important for setting direction. However it is “practice” that will ultimately determine the effectiveness of efforts. A business framework must support the theory of asset management practices. The value of data is also discussed. Priorities are often conflicting - the needs of service providers, auditors, insurers, and customers must be recognized and understood. A systems approach to asset management is essential if an asset management system is going to deliver optimal outcomes for an organization. Acquiring and maintaining knowledge about infrastructure assets requires an organization to identify its corporate and business needs for data and information. To develop any "system", whether it be a management or an information system, the objectives to be achieved must be clearly defined. The pressures placed on Council Officers to have knowledge about all assets in the public domain is increasing, as is the need to understand the performance of assets for which Council has custodial responsibility. Recognizing and understanding these pressures allows an organization to adopt a holistic approach to the way in which it manages its assets. A systems approach recognizes these differences, and allows the two-way communication of asset related knowledge between the infrastructure planners and the service providers. Many organizations have formally recognized the strategic importance of the role that service provider knowledge, about the assets they are managing and / or maintaining, plays in a modern asset management framework. Developing and implementing strategies that will make use of new technologies and mobile computing devices are ways to progress this strategic objective. However, most organizations are still (at best) only thinking about how to implement this change. Victoria’s Road Management Act provides the background to which each organization must become aware of the existing status of their own asset management and organizational culture, and identify the desired position. An agreement or at least an understanding of current problems is required by all stakeholders if consensus is to be reached on the outcomes. Different people have different perceptions of the same problem.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/1933452080
• Corporate Authors:

  Institute of Transportation Engineers (ITE)

  Washington, DC  United States 

  ARRB

  Melbourne, Victoria  Australia 
• Authors:
  • Kuen, Thomas
  • Eira, Glen
• Conference:
  • ITE 2005 Annual Meeting and Exhibit Compendium of Technical Papers
  • Location: Melbourne , Australia
  • Date: 2005-8-7 to 2005-8-10
• Publication Date: 2005

Language

• English

Media Info

• Media Type: Print
• Features: CD-ROM;
• Pagination: 1p
• Monograph Title: ITE 2005 Annual Meeting and Exhibit Compendium of Technical Papers

Subject/Index Terms

• TRT Terms: Asset management; Auditing; Information systems; Infrastructure; Insurance industry; Level of service; Local transportation; Management; Management information systems; Optimization
• Subject Areas: Administration and Management; Highways; Planning and Forecasting; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01006766
• Record Type: Publication
• ISBN: 1933452080
• Files: TRIS
• Created Date: Oct 29 2005 11:46AM