National Asset Management Framework for Australia

Our clients are busy updating their Asset Management Plans at present. Improved asset management planning always provokes thoughts about underlying frameworks and robust systems – the foundation layer which provides the bases for overarching knowledge and planning.
I’m often exposed to asset registers which have been built with the intent of good asset management practice but maintained with less intent. Sound asset knowledge and planning is forthcoming when data has been maintained over a long period of time in a consistent way.
National best practice guidelines provide a good source to implementing Asset Management Systems and maintaining them in a way which will provide better asset planning. With this in mind it’s encouraging to read about Prime Minster, Kevin Rudd considering a fund to help councils improve their asset management and financial plans – refer article 4 http://www.lgcentre.com.au/lgnews/newsletter.php?issue=364&key=592#10657
The NAMS.PLUS project has also been established in Australia to assist councils in writing Asset Management Plans.
Improved and consistent asset data for better planning!
Cheers
Nige