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Document ID: 6500_143v02 Released: October 2010 Document ID: 6500_143v02 Released: October 2010 Partnering Organisations © Asset Management Council Slide 1 Asset Management Australia India collaboration on advancing Asset Management in line with ISO 55000 Dr. Gopi Chattopadhyay Chair, Brisbane Chapter, Asset Management Council Email: gopinath.chattopadhyay@amcouncil.com.au Principal Consultant, Cardno Gopinath.chattopadhyay@cardno.com.au Mobile: 0402467737
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Asset Management Australian Indian Engineers Forum 19 Sept 2015 by Gopinath Chattopadhyay

Apr 14, 2017

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  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 1

    Asset Management Australia India collaboration on advancing Asset Management in line with ISO 55000

    Dr. Gopi Chattopadhyay Chair, Brisbane Chapter, Asset Management Council

    Email: gopinath.chattopadhyay@amcouncil.com.au

    Principal Consultant, Cardno

    Gopinath.chattopadhyay@cardno.com.au

    Mobile: 0402467737

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 2

    Outline

    1. Why we need asset management?

    2. AS/ISO5000:2014 and Fundamentals of Asset Management

    3. Benefits from Asset Management

    4. Whats happening in Australia India collaboration on advancing Asset Management

    5. Lessons learned

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 3

    Why we need asset management?

    Granville

    18 January 1977, Granville, Western Sydney 83 people died, 210 injured, and 1,300 affected.

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 4

    Ninety killed in Kolkata hospital fire

    Why we need asset management?

    AMRI

    Loss of Life, Infrastructure & Reputation 9 December 2011

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 5

    AS/ISO5000:2014 and

    Fundamentals of Asset Management

    1. Value

    2. Alignment

    3. Leadership

    4. Assurance Source: AS/ISO 55000: 2014

    An item, thing, or entity that has potential or

    actual value to an organisation. Source: AS / ISO55000: 2014, Section 2.3

    > AS / ISO 55000 Asset management Overview, principles and terminology

    > AS / ISO 55001 Asset management Management systems Requirements

    > AS / ISO 55002 Asset management Management systems - Guidelines for the

    application of AS ISO 55001

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 6

    What are the benefits from asset

    management?

    > Improved financial performance

    > Improved asset investment decisions

    > Managed risk

    > Improved services and outputs

    > Demonstrated social responsibility

    > Demonstrated compliance

    > Enhanced reputation

    > Improved organisational sustainability

    > Improved efficiency and effectiveness Source AS/ISO55000: 2014, Section 2.2

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 7

    AMC: Who we are?

    > Started in 1984 as a National Panel

    > Technical Society of Engineers Australia

    > Company Limited by Guarantee, 2010

    > Over 1500 members

    > Over 100 volunteers and staff form our leadership teams

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 8

    What is Asset Management?

    Lifecycle management of physical assets to achieve the stated outputs of the enterprise

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 9

    Asset Management Council Brisbane Chapter event , Australia

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 10

    Asset Management Institute Inaugural event , India

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 11

    Asset Management Institute Inaugural event , India

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 12

    Asset Management Institute Inaugural event , India

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 13

    Asset Management Institute Inaugural event , India

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 14

    Asset Management Institute Inaugural event , India

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 15

    Overview of collaboration

    > IIT Kharagpur organised workshops, courses and conference and

    provided support

    > Inaugural event was attended by over 150 delegates and represented by industries with outstanding presentations including presentations from Asset Management Council and Global Forum on Maintenance and Asset management (GFMAM)

    > Ramakrishna Mission Institute of Culture provided venue

    > Conem Management Consultants Private Limited sponsored

    > Advisory Committee includes academics, professionals from industries, researchers and students

    > Sponsors from industries, Universities and research institutes.

    > Asset Management Institute, not-for-profit professional body just established in India.

    > Aligning with Asset Management Council and Global Forum For Maintenance and Asset Management

  • Document ID: 6500_143v02

    Released: October 2010

    Document ID: 6500_143v02

    Released: October 2010

    Partnering Organisations

    Asset Management Council Slide 16

    Lessons Learned

    > Opportunities exist in Australia India collaborations in Asset Management. We need to realise that.

    > Good is No-Good in todays world: We need to demonstrate excellence for effective collaboration.

    > It takes time to build long relations for mutual benefits.

    > Need to demonstrate links with Government levels, otherwise progress in generally slow.

    > Leadership is vital for effective collaboration. Support is needed from both sides for guidance, materials, capability, capacity and relation building.

    > Need to understand and respect each others cultures to make collaboration work.