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Good Asset Management
Versus
Good Asset Accounting
An Engineering Perspective
FinPro Professional Development Seminar
28 May 2015
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Good Asset Management
Culture
Commitment from the top
The right people and structure
Finance and Engineering
relationship
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Focus on Roads
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Support from the top
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Council Plan 2014
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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
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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
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Asset Plans Progress
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Focus areas
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The Unexpected
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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)
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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
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IPWEA Asset Mgt Publications
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Engineering and Finance
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Challenges aheadQuestions