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

Council Lead(s)
Asset Planning Co-ordinator, Financial Services Manager, Systems Officer, Asset Management
Working Group(s)
Interfaces with existing Council Initiatives:
             Mobility Program: Will continue to be a valuable mechanism for capture of asset data and
             requirements.
Dependencies with other Road-Map Initiatives:
             Asset Management Process Mapping and Data Analysis: Defines the “desired state” for
             Council’s Asset Management data
ISO 55001 Reference:
             7.5      Information Requirements: The organisation shall determine its information
                      requirements to support its assets, asset management, asset management system
                      and the achievement of its organisational objectives.
Potential Benefits:
Development of Council’s Asset Management Information Strategy will allow Council to understand
the nature of the data required to sustain an ISO 55000-aligned Asset Management System. The
strategy will also ensure alignment with future strategic asset management system data
requirements. In addition, it will provide a staged implementation plan for the establishment of this
data in the most appropriate format, stored in the most appropriate information system.
Scope of Work:
     Task     Task Description                           Resources     Approx.      Delivery    Deliverable /
     No.                                                               Duration     Timeframe   Outcome
     1        Review existing asset hierarchy               Council      2 months   Short       Revised asset
                                                                                                hierarchy
     2        Develop or revise data standards              Council      2 months   Short       Agreed asset
                                                                                                information data
                                                                                                Standards
     3        Develop information improvement               Council      3 months   Short       Comprehensive
              program                                                                           and high-quality
                                                                                                asset data to
                                                                                                support the Asset
                                                                                                Management
                                                                                                System



Asset Management Document Control
Description of the Initiative:
The new Asset Management System will require the development of a number of documents that
will need to be controlled, from both a quality control perspective and to ensure good governance.
This initiative will formalise the mechanisms of control that will apply to the following Asset
Management System documents, as a minimum:
         •   The Asset Management Policy;
         •   The (Preliminary) SAMP;
         •   The Corporate Asset Management Plan (CAMP);
         •   The Individual Asset Management Plans;
         •   The Operational Plans showing the tactical output of the Asset Management Plans;

44                                               ASSET MANAGEMENT ROAD-MAP REPORT