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

2.2 Road-Map Development Approach
The development of Noosa Council’s asset management improvement plan (Road-Map) was
undertaken in four stages, as follows:
    1. An asset management gap analysis;
    2. Creation of a Draft Improvement Plan;
    3. Identification of Road-Map initiatives, through a series of collaborative workshops; and
    4. Documentation of the Road-Map.
An overview of each of these stages is provided in the following sections:

2.2.1     Asset Management Gap Analysis
CH2M undertook a gap analysis of Noosa Council’s Asset Management maturity, using the Institute
of Asset Management (IAM) Self-Assessment Methodology (SAM). The assessment comprised a
review of all asset management documentation currently developed by Council, together with a
series of targeted interviews with nominated Council staff responsible for elements of asset
management delivery. The SAM guided planning and execution of both activities, providing
comprehensive coverage, structure and reference to the ISO 55001 requirements.
The gap analysis resulted in a 1 to 5 maturity score for Council in the 25 Asset Management
“capability elements” covered by ISO 55001. A score of 3 in all elements is required for ISO 55000
certification and any score below 3 is considered a “gap” for the purposes of the assessment. The
maturity scoring is depicted in Figure 2-2 below:




Figure 2-2: IAM Asset Management Maturity Assessment Scale
CH2M’s Gap Analysis Report details the approach and findings of the Gap Analysis and also identified
opportunities for improvement in each of the 25 capability elements. This was based on analysis of
the documentation and interview outcomes and follow-on conversations with relevant Council staff.
The improvement opportunities that were identified, their interdependencies and the potential for
consolidation across capability areas provided the basis of the Draft Improvement Plan, described
below.




8                                     ASSET MANAGEMENT ROAD-MAP REPORT