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2016-09-06 S&O Committee - Attachment 1 to Item 2 - Asset Management Roadmap
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Develop and Agree on a Standard Asset Management Template: Prerequisite for the AMP
roll-out.
ISO 55001 Reference:
6.2.2 Planning to Achieve Asset Management Objectives: The organisation shall establish,
document and maintain asset management plan(s) to achieve the asset
management objectives. These asset management plan(s) shall be aligned with the
asset management policy and the SAMP
Potential Benefits:
Collectively the AMPs will build on and provide more transparency over the asset information
provided in the CAMP/SoAR document. They will underpin asset decision-making and improve the
clarity and defensibility of these decisions. They will also be an important resource not only for the
reporting of asset status, but for engaging with asset stakeholders on asset strategy and levels of
service, through tighter linkage of investment to asset outcomes.
Scope of Work:
In later drafts of this Road-Map, the individual Asset Management Plans, their resource
requirements and delivery timeframes will be recorded in the table below:
Task Task Description Resources Approx. Delivery Deliverable /
No. Duration Timeframe Outcome
1 Develop draft list of AMPs and their Council 1 month Short Preliminary AMP
delivery timeframe Program
2 Incremental development of AMPs Council Short to Completed AMPs
Medium
3.2.5 Support
Develop Asset Management Competency Framework and Plan
Description of the Initiative:
It is understood that most Council staff have a role statement or Position Description, but these will
need to be reviewed to reflect any new or changed functions, tasks and decision-making introduced
by the Asset Management System. This initiative defines the procedures Council will employ to
assess existing Council staff with a role under the Asset Management System against the
competencies required to fulfil the roles and accountabilities identified in the Develop Asset
Management Roles and Accountabilities Road-Map initiative.
The first step of this initiative will be to determine minimum competencies necessary to carry-out
specific asset management roles. It is recommended that Council utilise the Institute of Asset
Management (IAM) Competences Framework as a reference for this task. The IAM Framework is
structured to cover seven key asset management roles, against which a number of competence units
are assigned. Each competence unit is further subdivided into a small set of competence elements,
which are at a level of detail that would generally be found in a Position description role statement.
The Framework also provides an indicative list of knowledge and understanding that might be
needed to meet competence element requirements, which will be helpful in planning any future
asset management training requirements.
Once these competencies are understood, they can be mapped to the staff in Council that will
undertake the asset management roles. Any competence gaps can then be readily identified and a
plan can be developed to address these gaps. The second volume of the IAM Competences
Framework documentation provides guidance on a suitable approach which can be readily modified
to suit Council’s requirements and existing Council human resource procedures. The resulting
approach should be documented in an Asset Management Competence Development Plan.
38 ASSET MANAGEMENT ROAD-MAP REPORT
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