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

ACRONYMS AND ABBREVIATIONS



Noosa Council Business Context
In Council’s current operational environment there is a strong focus on asset renewal and
maintenance. With high community expectations, Council needs a robust Asset Management
approach to maximise asset service lives whilst ensuring future financial sustainability.
From an asset management perspective, the 2014 de-amalgamation has left Noosa Council with a
number of legacy issues related to asset data and support systems, but has provided the opportunity
for Council to start its Asset Management development with a clean sheet.
The ISO55000 Standard represents current best practice in asset management, and Council has
chosen to develop its Asset Management System with this Standard in-mind as a benchmark for
future improvements.
CH2M was selected to assess Council’s current capability in asset management and based on this
assessment, to assist in the development of an improvement plan or Road-Map to guide Council’s
Asset Management into the future.




VI                                  ASSET MANAGEMENT ROAD-MAP REPORT