good asset management versus good asset accounting an ... · finpro professional development...

Good Asset Management

Versus

Good Asset Accounting

An Engineering Perspective

FinPro Professional Development Seminar

28 May 2015

Good Asset Management

Culture

Commitment from the top

The right people and structure

Finance and Engineering

relationship

Focus on Roads

Support from the top

Council Plan 2014

StructureDIRECTOR

ENVIRONMENT & ENGINEERING

Mark Varmalis

STRATEGY AND SUSTAINABILITY

Jane Sinnamon

STRATEGIC ASSET MANAGEMENT

CAPITAL WORKS MANAGEMENT

SUSTAINABILITY & COMMUNITY

DIRECTORATE STRATEGY &

PLANNING

STRATEGIC PROJECTS

WASTE MANAGEMENT

FLEET OPERATIONS

PARKS & ENVIRONMENT

David Harper

BIODIVERSITY CONSERVATION

PARKS & BUSHLANDS

BUSHLANDS TREES

OPEN SPACE CENTRAL PARKS

SPORTSFIELD & TURF

INFRASTRUCTURE SERVICES

Tony McGann

INFRASTRUCTURE MAINTENANCE

INFRASTRUCTURE DEVELOPMENT

INFRASTRUCTURE DESIGN

INFRASTRUCTURE DELIVERY

BUILT & ACTIVE SPACES

Robyn Mansfield

MAJOR PROJECTS

URBAN DESIGN & LANDSCAPE

ARCHITECTURE

RECREATION & ACTIVE LIVING

PROPERTY & FACILITIES

MANAGEMENT

SPECIAL PROJECTS

Scott Hodges

Exec SupportOPERATIONS

SUPPORT

Arts, Culture and

Heritage

Finance,

Procurement & Rates

Asset Plans Progress

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Drainage

Roads

Car Parks

Bridges

Footpaths and Cycleways

Skate_BMX

Sports Lighting

Sports Courts

Aquatics

Fleet

Parks & Bushlands Consolidated AMP

Buildings (Phase 1)

Arts Culture & Hertiage

Asset Plans Progress

Focus areas

The Unexpected

Asset Management

$0

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

$70,000,000

2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25

Total Renewal Demand ($2014)

UpExNew Infrastructure & Property Budget15/16 CEP

Asset Renewal Reserve 15/16 CEP

Infrastructure & Property Renewal Budget15/16 CEP

Cummulative Gap (2015/16 CEP)

IPWEA NAMS.PLUS3NAMS.PLUS workshops:

Melbourne

Days 1 & 2 – 14th & 15th July

Days 3 & 4 – 4th & 5th August

Bendigo

Days 1 & 2 – 16th & 17th July

Days 3 & 4 – 6th & 7th August

Professional Certificate in

Asset Management

Planning

Commences 25 August 2015

www.ipwea.org/ProCertAMPlanning

IPWEA Asset Mgt Publications

Engineering and Finance

Challenges aheadQuestions