Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Pacific Asset Management - Making Everything as Simple as Possible

124 views

Published on

This paper won the NAMie award for best Asset Management Paper at the 2015 IMFE/IPWEA International Conference in June 2015 at Rotorua, New Zealand.

In September 2015, this paper has been adapted for the Pacific Water Conference.

Published in: Engineering
  • Be the first to comment

  • Be the first to like this

Pacific Asset Management - Making Everything as Simple as Possible

  1. 1. Pacific Asset Management Infrastructure Asset Management Making Everything as Simple as Possible
  2. 2. Ross Waugh Director Waugh Infrastructure Management Pacific Water Conference, PNG, September 2015
  3. 3. Question? Are we making infrastructure asset management too complicated? IAM - Making Everything as Simple as Possible
  4. 4. Many different resources available now IAM has moved from an ‘art’ to a ‘science’ in the past decade IAM - Making Everything as Simple as Possible
  5. 5. Engineer’s like complexity – why? IAM - Making Everything as Simple as Possible
  6. 6. By adding layer upon layer of complexity, we run the risk of turning infrastructure asset management into a ‘black box’ that no one else can understand. “Trust me I know what I am doing” is not accepted by society, especially when accompanied by requests for billions of dollars of public funds IAM - Making Everything as Simple as Possible
  7. 7. Albert Einstein: “Keep everything as simple as possible, but not simpler” IAM - Making Everything as Simple as Possible
  8. 8. Steve Jobs: “Simple can be harder than complex” IAM - Making Everything as Simple as Possible
  9. 9. To simplify, you must have a full understanding and mastery of the subject or topic Albert Einstein and Steve Jobs recognised this and made their challenges Simplifying is much more of a professional challenge that just adding complexity IAM - Making Everything as Simple as Possible
  10. 10. An example of making things simple: AkvoFlow – smartphone based field surveys http://akvo.org Originally developed for WASH surveys, can be adapted easily to other uses – Vanuatu cyclone damage reports IAM - Making Everything as Simple as Possible
  11. 11. Simple IAM Diagram IAM - Making Everything as Simple as Possible LEVELS OF SERVICE FUTURE DEMAND RISK LIFECYCLE MANAGEMENT - Operational - Maintenance - Renewals - New Capital - Disposal OPTIMISATION FINANCIALS Expenditure - Operations & Maintenance - Renewals - Capital [Depreciation] Revenue - Fees, Charges, Tariffs - Loans - Grants/Funding - Bonds
  12. 12. Simple IAM Diagram IAM - Making Everything as Simple as Possible LEVELS OF SERVICE FUTURE DEMAND RISK LIFECYCLE MANAGEMENT - Operational - Maintenance - Renewals - New Capital - Disposal OPTIMISATION FINANCIALS Expenditure - Operations & Maintenance - Renewals - Capital [Depreciation] Revenue - Fees, Charges, Tariffs - Loans - Grants/Funding - Bonds GAP GAP GAP
  13. 13. Simple IAM Diagram IAM - Making Everything as Simple as Possible LEVELS OF SERVICE FUTURE DEMAND RISK LIFECYCLE MANAGEMENT - Operational - Maintenance - Renewals - New Capital - Disposal OPTIMISATION FINANCIALS Expenditure - Operations & Maintenance - Renewals - Capital [Depreciation] Revenue - Fees, Charges, Tariffs - Loans - Grants/Funding - Bonds
  14. 14. Practice & Maturity Diagram IAM - Making Everything as Simple as Possible ADVANCED IAMPRACTICELEVEL INTERMEDIATECOREMINIMUM MATURE ORGANISATIONAL AM MATURITY INTERMEDIATECORE
  15. 15. Practice & Maturity Diagram IAM - Making Everything as Simple as Possible ADVANCED IAMPRACTICELEVEL INTERMEDIATECOREMINIMUM MATURE ORGANISATIONAL AM MATURITY INTERMEDIATECORE
  16. 16. Practice & Maturity Diagram IAM - Making Everything as Simple as Possible ADVANCED IAMPRACTICELEVEL INTERMEDIATECOREMINIMUM MATURE ORGANISATIONAL AM MATURITY INTERMEDIATECORE
  17. 17. Saw Tooth Diagram IAM - Making Everything as Simple as Possible ORGANISATIONPRACTICE/MATURITY ADVANCEDINTERMEDIATE TIME (YRS) CORE
  18. 18. Kevin Brady, NZ Auditor General: ‘Make sure you have the ‘right debate’, June 2007 Communication of infrastructure asset management issues, choices and costs still key: - communication to Communities, Governance, Management 8 years after this challenge by the Auditor General – NZ are doing better, and communicating issues with greater clarity. There is still a lot of room for improvement IAM - Making Everything as Simple as Possible
  19. 19. Challenges from this paper: • Make it simple • Get your thinking clean • Apply this to your work, and • Communicate clearly IAM - Making Everything as Simple as Possible
  20. 20. Questions? IAM - Making Everything as Simple as Possible

×