Capital-intensive industries share a number of challenges in managing their physical assets - budgetary constraints, regulatory insight, maintaining the value of the asset over its lifecycle and managing operational, safety and environmental risks.
Defence faces added complexity due to its national security mission, the need to operate within the Commonwealth’s regulatory and accountability framework, and the unique nature and interconnectedness of many Defence assets. Defence assets also traditionally have lifecycle durations measured in decades, which presents unique asset management challenges.
Asset lifecycle management is an improved way of managing the asset portfolio. By adopting a whole-of-life view rather than making decisions based solely on the objectives of the current lifecycle phase, we can help Defence clients balance operating versus capital expenditure and maintenance versus renewal decisions.
Asset Management can improve Defence’s ability to:
We can help improve asset performance while reducing both risk and cost, and offer an integrated suite of innovative asset management solutions across the entire asset lifecycle.
We can help Defence:
ISO 55000 provides a basis for any asset-intensive organisation to model and measure the effectiveness of their asset management systems.
Asset reliability and performance is directly affected by the strategies that are put in place for initial procurement and ongoing maintenance.
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