Asset Management

The organisation of key asset information is both a basic and a vital component of any asset management system, but actioning improvements to asset management systems or databases is often put in the too hard or too expensive basket. If this information is strewn across various departments in the form of spreadsheets, GIS files and hand sketches on the back of service request forms. If not carried out smartly or in a strategic way, asset management can become a costly and time consuming process.

Data collection and the development of asset registers does not have to be overwhelming. It just needs to be broken down into small, manageable tasks. Quick, easy and cost effective wins are often vital in converting your asset management processes from a series of sporadic spreadsheets to an asset management system with a core or advanced NAMAF rating.

The key is knowing where your critical assets are, and then prioritising them.