Quick fixes

1. Quick fixes 2012 International LG I&AM Conference MAV 02 May 2012 John Hunter Asset Management, Brisbane City Council

2. Five topics I will cover today • 1. Condition assessment. • 2. One page summaries. • 3. Asset Steering Committees. • 4. Technology. • 5. Continuous improvement.

3. 1. Condition assessment • 1 to 5 condition rating. • IIMM. • Reverse rating of a five star hotel. • CR correlates with spend (renewal). • Physical condition – service implications. • Asset class application and rationale. • Condition assessment spreadsheet (A3).

5. Degradation, condition, renewals

6. 2. One page summaries • One prepared for each asset class. • Heuristic. • Sound current/future asset knowledge. • Not a computer system download.

7. Why use one page summaries? • View an asset class at a glance. • A lot of useful info on the one page. • Good visuals aid knowledge retention. • Complements Asset Management Plans. • Provides data to prepare 10 yr forecasts. • Provides data for Sustainability returns.

10. 3. Asset Steering Committees

11. 4. Technology Creator Or Accelerator?

12. Technology as an enabler Chart obtained from CIEAM Included in the Asset Management Council website – April 2012

13. 5. Continuous improvement • Incremental • Breakthrough • Creativity • Innovation

14. Lifecycle – ability to influence

15. Thank you