Download - Howard Bulmer Asset Management Ppt
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Strategic Asset Management PlanningPresented by Howard Bulmer
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Asset ManagementAsset Management
Overview
• Background• Strategic Asset Management Planning• WOL Planning• Design• Holistic Approach• Discussion
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Historical asset Management PlanningHistorical asset Management Planning
A Typical Approach
Maintenance budget historically based–Annual percentage increase–Little regard for inventory increase andspecial needs–Limited consideration for assetconditions
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DiscussionDiscussion
A Typical Approach
How are your budgets developed?Do you have a asset management plan?Is Capex replacement included in the plan?
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Strategic Asset managementStrategic Asset management
What is Strategic Asset Management?
• A plan of action intended to accomplish a specific goal
• Life cycle management in order to maximise property advantage
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Strategic Asset managementStrategic Asset management
Benefits
• Better allocation of limited resources• Improved alignment of assets with services • More effective use of existing assets• Improved processes and accountability for capital• and recurrent works• Use of non-asset solutions to meet demand• Increased use of sustainable development solutions• Manages Business risk
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Strategic Asset managementStrategic Asset management
Components of an Asset Management Plan
• An Acquisition Plan• A Disposal Plan• An asset operations and maintenance plan• A financial / funding plan• A risk management plan, business continuity
plan• WOL planning
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WOLWOL
Lifecycle Plans
The purpose of a lifecycle plan:To document how a particular asset is managed
andas an output identify current and future needs interms of anticipated works and anticipated funding
need.
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Typical Levels of AMPTypical Levels of AMP
Historical Lifecycle Plans
No Plan – Reactive maintenance only
Limited plan – Planned and reactive maintenance only
Emerging plan – The Plan includes cost projections and budgets for both maintenance and replacement over time
Typical AMP – Detailed AMP and includes business continuity planning
Design – Most AMP do NOT include design considerations
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DiscussionDiscussion
Asset Management Planning
Where is your facility positioned?
Is FM and maintainability a consideration ?
Is Capex replacement included in the plan?
Is business continuity considered relevant?
Do you consider design?
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ProcessProcess
Asset Management Workshops
Workshop events runWorkshops addressed all aspects of AMP, butfocussing on:
– Design– Inventory collection– Development of the AMP– Production of AMP based on life cycle– Planning and business continuity
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ProcessProcess
Design
The design of the asset is a significant cost driver
Generally most Facility Managers do not have input into thedesign
Facility Managers generally manage• Existing facility near end of life• Existing facility good condition• New facility
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ProcessProcess
Design
Design directly impacts on recurrent maintenance costs– Maintainability– OH&S– Specialist equipment– Time– Effect on the business– Poor design increases maintenance costs
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DiscussionDiscussion
Asset Management Planning and Design
Do you have the opportunity to influence design?
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ProcessProcess
Design and the AMP
The input of the facility management team provides input throughout the design and includes FF&E
Provides a holistic approach to asset management planning
Ensures improved long term operational outcomesReduces Business continuity risk
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Holistic OverviewHolistic Overview
Design Reviews withFM team
Statutory Compliance
Customer Business Drivers
Systems & Process(IT, CMMS, Finance)
Business Performance
Regulatory Compliance
Financial Performance
Corporate Governance
Resources Operations& Maint.
Finance /Commercial Risk DataQuality
Inputs
Results
SafetyHealth &Environ.
Solution
Benefits Whole of Life Solution
Optimal Economic Performance
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An Integrated ApproachAn Integrated Approach
Business PlanningDesign ReviewsRisk ManagementSolution DevelopmentGovernanceFinancial Modelling
Processes ProceduresSystems ToolsInformation Management
PeopleSelf Delivery / Sub Contr.Hard / Soft servicesSpecialty ServicesTransition / Quality Plans
Strategic
Tactical
Operational
Strategic
Tactical
Operational
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DiscussionDiscussion
Where to From Here