Delivering improvement in railway asset management

Effective asset management is a prerequisite for the successful delivery of any asset intensive industry, and the railway industry in Australia and overseas is no exception. One of the most significant challenges facing the rail industry today is how to drive continuous improvement in the delivery of its maintenance and asset management related functions. With a shortage of skilled resources and ever-increasing public expectations as to rail service delivery, rail managers have to actively examine ways of evolving maintenance management and practices to increase productivity and effectiveness. Globally, a wide variety of approaches are being considered. The application of risk-based maintenance processes; the emergence of decision support tools to assist in the identification of optimal lifecycle asset strategies and regular process review, are but a few of the improvement initiatives being taken. The paper examines a model for maintenance management, illustrating the connectivity between the external environment, the setting of strategy and the physical delivery of maintenance. The introduction of improvement initiatives into the maintenance process within a railway context is presented by means of three Case Studies. These studies describe how improvement has been introduced in overseas railway administrations. -The Case Studies are based on signalling infrastructure and include examples of: - Risk-based maintenance methodology, its application, - Rationalisation of level crossing infrastructure maintenance, - The use of decision support tools to underpin signalling asset renewal decisions. Finally, the strengths and weaknesses of the Case Study examples are considered. This is done in light of their potential for continued future application and their fit with other international practice, such as that defined by BSI's PAS55 Asset Management specification.

• Record URL:
  http://railknowledgebank.com/Presto/content/Detail.aspx?q=KFBhcGVyLlRpdGxlOihEZWxpdmVyaW5nIGltcHJvdmVtZW50IGluIHJhaWx3YXkgYXNzZXQgbWFuYWdlbWVudCkp&ctID=MTk4MTRjNDUtNWQ0My00OTBmLTllYWUtZWFjM2U2OTE0ZDY3&rID=NjM1&qcf=MTk4MTRjNDUtNWQ0My00OTBmLTllYWUtZWFjM2U2OTE0ZDY3&ph=VHJ1ZQ==&bckToL=VHJ1ZQ==&
• Authors:
  • Webb A
• Conference:
  • AusRAIL PLUS 2007, 4-6 December 2007, Sydney, NSW, Australia
• Publication Date: 2007

Media Info

• Pagination: 8p.
• Monograph Title: AusRAIL PLUS 2007, celebrating the past, creating the future, 4-6 December 2007, Sydney, NSW, Australia

Subject/Index Terms

• TRT Terms: Asset management; Infrastructure; Maintenance management; Railroad transportation
• ATRI Terms: Asset management; Infrastructure; Maintenance management; Rail transport
• Subject Areas: Finance; Maintenance and Preservation; Railroads;

Filing Info

• Accession Number: 01516869
• Record Type: Publication
• Source Agency: ARRB
• Files: ATRI
• Created Date: Mar 4 2014 7:56PM