Continual improvement processes for asset management: guidelines

This guideline has been prepared in response to the need for a more structured approach to continual improvement in asset management. National, state and local governments in Australia and New Zealand are collectively responsible for over 900,000 kilometres of road, valued at more than $250 billion. Surveys have indicated road management organisations do not always have a structured continual improvement process that satisfies the requirements of ISO55001:2014 Asset management – Asset management – Management Systems - Requirements. Having a structured process in place has the potential to provide significant value to organisations. The guideline aims to provide asset management practitioners with an understanding of the factors that contribute to enabling and sustaining continual improvement. The current challenges within the industry in relation to continual improvement are discussed, with a framework provided for successful implementation. This document suggests that at the core of every successful organisation implementing continual improvement, is a supportive and enabling environment. Once this environment is achieved, continual improvement will become second nature. The guideline was developed through research and extensive engagement with around 80 industry professionals.

Media Info

  • Pagination: 55p.

Subject/Index Terms

Filing Info

  • Accession Number: 01673755
  • Record Type: Publication
  • Source Agency: ARRB
  • ISBN: 9781925671575
  • Report/Paper Numbers: AP-R571-18
  • Files: ITRD, ATRI
  • Created Date: Jun 26 2018 10:27AM