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#HFMC2019
Asset Condition:Measure it and it will improve
#HFMC2019
My experience with prisons and hospitals
High maturity asset management processes and well maintained facilities
Low maturity asset management processes and poorly maintained facilities
#HFMC2019
The challengeAn inability to answer these basic questions makes it very difficult to justify the right amount of funding to support objectives
Exactly what assets do we
own?
What condition are these assets
in?
What risks do these assets pose to the
achievement of objectives?
What risk mitigations are
in place and how much do
they cost?
Where are these assets located?
#HFMC2019
Peter Drucker
“What gets measured gets
managed”
#HFMC2019
Minimum data requirements/measurements
Structured asset register
Asset design characteristics & costs
Useful asset life
Asset Attributes
Asset degradation characteristics
Exactly what assets do we own?
Where are these assets
located?
Asset defects
Asset condition
Maintenance
Maintenance interventions
What risk mitigations are in
place and how much do they cost?
What condition are these assets in?
Usage/demand
Criticality and risk appetite
Required levels of service
Planning
What risks do these assets pose to the
achievement of objectives?
#HFMC2019
Framework for realising value from this data
ASSETFUTURE PLATFORM
BUILDINGMANAGEMENT
MAINTENANCE & WORK MANAGEMENT
#HFMC2019
Framework for realising value from this data
BUILDINGMANAGEMENT
MAINTENANCE & WORK MANAGEMENT
ASSETFUTURE PLATFORM
Demand Analysis
Risk Appetite
Stakeholder Analysis
Asset Management Strategy & Objectives
#HFMC2019
Framework for realising value from this data
BUILDINGMANAGEMENT
MAINTENANCE & WORK MANAGEMENT
Demand Analysis
Risk Appetite
Stakeholder Analysis
Asset Management Strategy & Objectives
ASSETFUTURE PLATFORM
Resourcing Strategy
Asset Information Strategy
Outage/Refurbishment Strategy
#HFMC2019
Framework for realising value from this data
BUILDINGMANAGEMENT
MAINTENANCE & WORK MANAGEMENT
Demand Analysis
Risk Appetite
Stakeholder Analysis
Asset Management Strategy & Objectives
Resourcing Strategy
Asset Information Strategy
Outage/Refurbishment StrategyASSETFUTURE
PLATFORM
Budget Forecast
Required Levels of Service
Operations andMaintenance Plan
#HFMC2019
Framework for realising value from this data
BUILDINGMANAGEMENT
MAINTENANCE & WORK MANAGEMENT
Demand Analysis
Risk Appetite
Stakeholder Analysis
Asset Management Strategy & Objectives
Budget Forecast
Required Levels of Service
Operations andMaintenance Plan
Resourcing Strategy
Asset Information Strategy
Outage/Refurbishment StrategyASSETFUTURE
PLATFORM
Asset Register
Design Engineering
Reliability Engineering & Value Realisation
Spare Parts Optimisation
Maintenance & Operations Procedures
Configuration Management
#HFMC2019
Framework for realising value from this data
Demand Analysis
Risk Appetite
Stakeholder Analysis
Asset Management Strategy & Objectives
Asset Register
Design Engineering
Reliability Engineering & Value Realisation
Spare Parts Optimisation
Maintenance & Operations Procedures
Configuration Management
Budget Forecast
Required Levels of Service
Operations andMaintenance Plan
Resourcing Strategy
Asset Information Strategy
Outage/Refurbishment StrategyASSETFUTURE
PLATFORM
Fault & Defect Management
BUILDINGMANAGEMENT
Maintenance Feedback
Emergency Management
Operations Management
Security Management
Planned Maintenance Packaging
Maintenance Scheduling
Maintenance & Capital Program Execution
MAINTENANCE & WORK MANAGEMENT
#HFMC2019
Framework for realising value from this data
Fault & Defect Management
BUILDINGMANAGEMENT
Maintenance Feedback
Emergency Management
Operations Management
Security Management
Planned Maintenance Packaging
Maintenance Scheduling
Maintenance & Capital Program Execution
MAINTENANCE & WORK MANAGEMENT
Demand Analysis
Risk Appetite
Stakeholder Analysis
Asset Management Strategy & Objectives
Asset Register
Design Engineering
Reliability Engineering & Value Realisation
Spare Parts Optimisation
Maintenance & Operations Procedures
Configuration Management
Budget Forecast
Required Levels of Service
Operations andMaintenance Plan
Resourcing Strategy
Asset Information Strategy
Outage/Refurbishment Strategy
Degradation Modelling
Asset Condition &Criticality Methodology
Asset Lifecycle Strategy
Asset Lifecycle Cost Modelling
Defect Identification
ASSETFUTURE PLATFORM
#HFMC2019
Framework for realising value from this data
Fault & Defect Management
BUILDINGMANAGEMENT
Maintenance Feedback
Emergency Management
Operations Management
Security Management
Planned Maintenance Packaging
Maintenance Scheduling
Maintenance & Capital Program Execution
MAINTENANCE & WORK MANAGEMENT
Demand Analysis
Risk Appetite
Stakeholder Analysis
Asset Management Strategy & Objectives
Asset Register
Design Engineering
Reliability Engineering & Value Realisation
Spare Parts Optimisation
Maintenance & Operations Procedures
Configuration Management
Budget Forecast
Required Levels of Service
Operations andMaintenance Plan
Resourcing Strategy
Asset Information Strategy
Outage/Refurbishment Strategy
Degradation Modelling
Asset Condition &Criticality Methodology
Asset Lifecycle Strategy
Asset Lifecycle Cost Modelling
Defect Identification
ASSETFUTURE PLATFORM
#HFMC2019
NSW Department of Education JourneyUtilising this methodology with NSW Department of Education has in part enabled the justification of funding required to significantly address the poor condition of public schools across the state.
Start of journey toward best practice for
maintenance liability
Internal resources undertake assessments
2008
Annual condition assessments and spot audits by Department of Public Works
2007
Extending the range of asset classes: Lifts, air conditioning, IoT Pilot.
Calibration of lifecycles from expected to actual
Assessment methodologies didn’t meet Treasury’s requirements for Lifecycle costing
2011
2012
2017
2018
![What $$$ Gets you in [Geo]](https://img.pdfslide.net/doc/110x75/55903e151a28aba96a8b462e/what-gets-you-in-geo.jpg)
