Implementing a total asset management system

Municipal Asset Management has been practised by Accountants and Engineers for over 150 years, however new accounting regulations and new demands for better technical management are impacting on the Asset Managers. In preparing for Asset Management like any other major project it is essential that we plan logically. There are many problems and pitfalls that can beset this transition. It is essential that we avoid as many of these as possible. The benefits that are derived and the costs it takes to derive them determine the ultimate financial success of the process, but the most important aspect is the effective implementation of these systems with respect to our staff and the changes we can bring about within the organisation to empower staff to take greater responsibility right down to the grass roots for the effective management of their assets. We need to ensure that the outputs needed by our individual Authorities are those most critical in the priority to which we need to implement them. It is important that we go about it in a logical manner starting with a full needs analysis, producing fully costed programmes that proceed to an effective implementation of the necessary systems over a period that can be afforded by the organisations concerned. This talk outlines the essential ingredients of preparing for asset management and working through this process in a most cost effective management for your organisation.

Language

  • English

Media Info

  • Pagination: 13-7
  • Monograph Title: The IMEA (Institute of Municipal Engineering Australia (New South Wales Division)) Inaugural Conference programme and papers, Penrith, 1992

Subject/Index Terms

Filing Info

  • Accession Number: 01432593
  • Record Type: Publication
  • Source Agency: ARRB
  • Files: ATRI
  • Created Date: Aug 24 2012 5:07PM