Asset Management Australian Indian Engineers Forum 19 Sept 2015 by Gopinath Chattopadhyay

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: [email protected]

Principal Consultant, Cardno

[email protected]

Mobile: 0402467737







Outline

1. Why we need asset management?

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

3. Benefits from Asset Management

4. What’s happening in Australia India collaboration on advancing Asset Management

5. Lessons learned







Why we need asset management?

Granville

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







Ninety killed in Kolkata hospital fire

Why we need asset management?

AMRI

Loss of Life, Infrastructure & Reputation 9 December 2011







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







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







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







What is Asset Management?

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







Asset Management Council Brisbane Chapter event , Australia







Asset Management Institute Inaugural event , India



































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







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 other’s cultures to make collaboration work.

Asset Management Australian Indian Engineers Forum 19 Sept 2015 by Gopinath Chattopadhyay

Engineering

Asset Management Australian Indian Engineers Forum 19 Sept 2015 by Gopinath Chattopadhyay