Asset Management
Asset Management is the combination of management, financial, economic, engineering and other practices applied to physical assets with the objective of providing the required level of service in the most cost effective manner.
Reasons for Asset Management
- Asset Management is a key function that must be performed by staff of Local Government entities.
- Councils look after a broad range of infrastructure (assets) to deliver services (to the community). These assets include roads, parks, property as well as water, sewerage, waste treatment etc
- Councils need to ensure that these assets can deliver the services that the community requires now and into the future.
- Councils are responsible for providing "sustainable" services and maintaining a life style for their communities.
- This will only be achieved through a concerted effort across "whole of council" and improved financial and engineering management of the assets.
- Getting Asset Management "right" is one of the most important challenges Councils (and Councillors) face in the medium to longer term.
Related Pages
The list below is generated automatically. To add a page to the list, add the tag "am" to the page.
- Activity Types
- Advanced Asset Management
- AMMS
- Asset
- Asset Class
- Asset & Component Types
- Asset Condition
- Asset Condition Inspection
- Asset Data Standards
- Asset Disposal Plan
- Asset Hierarchy
- Asset Inventory
- Asset Location Techniques
- Asset Maintenance Management System
- Asset Management
- Asset Management Advancement Program
- Asset Management Consultants
- Asset Management Courses
- Asset Management Framework
- Asset Management Improvement Plan
- Asset Management Plan
- Asset Management Policy
- Asset Management Practices
- Asset Management Responsibilities
- Asset Management Strategy
- Asset Management System
- Asset Management Team
- Asset Management Terminology
- Asset Planning and Management Framework
- Asset Register
- Asset Replacement Profile
- Asset Strategic Plan
- Asset Sustainability Ratio
- Australian Infrastructure Financial Management Guidelines
- A Wealth of Opportunities
- Brownfields Valuation
- Capital Expenditure
- Capital Upgrade
- Capital Works Management System
- Component
- Composite Asset
- Condition Assessment Systems
- Condition Assessment Techniques
- Condition-Based Depreciation
- Condition Based Maintenance
- Core Asset Management
- Creation/Acquisition Plan
- Current Asset
- Cyclical Maintenance
- Degradation Curve
- Depreciation
- Deprival Value
- Desktop Revaluation
- Development Manual
- Disposal
- Disposal Plan
- Economic Life
- Facility
- Fair Value
- Financial Capitalisation Threshold
- Fixed Asset
- Fixed Asset Register
- Glossary of Asset Management Terms
- Good Asset Management Practice
- Gravel Resheeting
- Greenfields Valuation
- Heritage Asset
- Infrastructure Asset
- Infrastructure Asset Management
- Infrastructure Gap
- Intangible Asset
- International Infrastructure Management Manual
- Level of Service
- LG Asset Program
- Lifecycle
- Lifecycle Cost
- Lifecycle Cost Analysis
- Liquid Asset
- Long-Term Asset Management Plan
- Long Term Council Community Plan
- Maintenance
- Maintenance Management
- Maintenance Plan
- Maintenance Regime
- Maintenance Strategy
- MAV Asset Management System Wiki
- Modern Equivalent Asset
- NAMS.AU
- Network Asset
- Non-Current Asset
- North East Asset Management Group
- Obsolescence
- Operation
- PAS 55
- Pattern of Consumption
- Proactive Maintenance
- Queensland Annual Return on the Status of Asset Management
- Reactive Maintenance
- Rehabilitation
- Reliability Centred Maintenance
- Remaining Useful Life
- Renewal
- Renewal/Replacement Plan
- Replacement Cost
- Residual Value
- Road and Bridge Asset Management Kit
- Road Management Plan
- Road Register
- Road Segment
- Routine Maintenance
- Routine Maintenance Plan
- RUL
- Service Capacity
- Service Potential
- Strategic Asset Management Plan
- Strategic Planning
- Total Asset Management Manual
- Total Management Plan
- Unplanned Maintenance
- Upgrade
- Useful Life
- Valuation
- Visual Condition Inspection
- Wide Bay Burnett Asset Management Group
- Written Down Replacement Cost
