Sustainable Asset Management
Organisations of all types, be they private firms or public agencies responsible for large infrastructure systems, often rely on a small group of capital assets to provide their core goods and services.
These assets can include central IT systems; specialised freight transport elements; manufacturing plant and equipment; linear infrastructure relating to the provision of gas, electricity, water or chemicals; special purpose-designed buildings; or hospital and medical facilities with a wide range of specialised technical equipment.
All not only require scheduled maintenance to ensure that they perform reliably and cost-effectively, but also periodic upgrades or replacement to remain competitive and satisfy expectations about delivery capacity, product quality or timing. Their comprehensive management includes a need to provide labour support that has the skills needed to meet the specific demands of the type of asset in question.
OUR SERVICES
We offer a program for conducting strategic reviews of your most important capital assets, be they located at a single facility or dispersed widely across the country. The reviews can be designed to be run at scheduled intervals such as during the annual budget preparation cycle, or as one-off and broad based examinations of asset performance.
Our program has four elements that can be delivered as one package or provided as individual services:
- Facilitation of internal workshops with managers and users of the assets to develop a business risk profile on its operations
- Review of the data collected on each; its relevance to the performance of the asset; and the system used for collecting, storing and analysing the data
- Development of a business plan designed to preserve the capacity and efficiency of each asset. This includes comparing scenarios that give priority to different activities over a three to five year period
- Economic analysis of the preferred management options to identify those that offer the highest value-adding potential
Our services are tailored to the circumstances characterising your industry sector, and the geographical dispersion of the assets being reviewed. However we have developed our own approach to assessing the level of investment warranted for the asset by its expected future demand, which is known as the Critical Asset Investment Optimisation technique. This is also provided as a separate stand-alone service, and is described in detail at www.caio.com.au.