2016-09-06 S&O Committee - Attachment 1 to Item 2 - Asset Management Roadmap

Council Lead(s)
Asset Planning Co-ordinator, Asset Management Steering Team
Interfaces with existing Council Initiatives:
            Development of Council’s Corporate Plan: Council’s Asset Management Objectives need to
            be in alignment with business objectives presented in Council’s Corporate Plan.
Dependencies with other Road-Map Initiatives:
            Stakeholder Analysis: A key input to the development of appropriate Levels of Service.
            Asset Management System Scope: Defines the Asset s that the levels of service will apply to
            and potentially influences the nature of the service levels developed.
ISO 55001 References:
            6.2.1   Asset Management Objectives: The organisation shall establish asset management
                    objectives at relevant functions and levels.
            5.1     Leadership and Commitment: Ensuring that the Asset Management Policy, the
                    SAMP and Asset Management Objectives are established and are compatible with
                    the organisational objectives.
Potential Benefits:
The completed Levels of Service Framework will define triggers for asset intervention and
investment that will be more transparently linked to Council’s stated objectives and stakeholder
needs. Uniform coverage of service levels across the asset portfolio that cascade to defined
objectives will also inform allocation of Council resources to most efficiently achieve these
objectives.
The Levels of Service Framework developed will also be a valuable resource for engaging with
stakeholders as it will transparently demonstrate the trade-offs required to balance asset service
levels and available resources. This improved understanding will enable Council to work with asset
stakeholders to set realistic service level expectations for Council’s asset portfolio.
Scope of Work:
     Task    Task Description                         Resources     Approx.      Delivery    Deliverable /
     No.                                                            Duration     Timeframe   Outcome
     1       Document currently available Levels of      Council      1 month    Short       A list of current
             Service                                                                         Levels of Service
                                                                                             and the assets
                                                                                             they relate to.
     2       Develop Level of Service Framework          Council      6 months   Medium      A comprehensive
                                                                                             Framework of
                                                         External     1 month
                                                                                             Asset Service
                                                         Support
                                                                                             Levels that
                                                                                             provide
                                                                                             transparent “line-
                                                                                             of-sight”




24                                            ASSET MANAGEMENT ROAD-MAP REPORT