Our services
Leading infrastructure capability-building solutions tailored to your needs
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Strategic asset management
Improving asset management has the potential to unlock significant value for asset-intensive organisations and their stakeholders.
We help you understand how asset management can add value, improve your asset management strategy and governance, and consolidate an asset management system aligned with international leading practice including ISO 55001 and the Asset Management Landscape.
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Understanding your organization's current maturity level is a crucial step in shaping your asset management strategy and improvement journey. Our Asset Management Maturity Assessment offers clear insights into your strengths, weaknesses, and opportunities for improvement, while providing a framework for tracking progress toward your goals.
At Asset Dynamics, we bring extensive experience in delivering maturity assessments across various sectors, using ISO 55001 and other industry standards. Our team holds Certified Asset Management Assessor (CAMA) qualifications from WPiAM, and apply methods aligned with ISO 19011 for audit of management systems, ensuring a rigorous, objective process with actionable feedback.
Additionally, a diagnostic assessment may be included, offering quantitative feedback on asset performance and work delivery, complementing the management system review.
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The asset management framework is the overarching structure that guides how an organisation implements asset management. Leading organisations in asset management have designed, embedded, and continually refine a framework that is tailored to their specific context and business needs. This framework ensures that the processes within the asset management system are clearly defined and controlled, aligning with international standards such as ISO 55001.
The benefits of a well-established asset management framework include:
Clear Role Definition: Everyone involved in asset management has a clear understanding of their role and how it interconnects with other teams.
Process Optimisation: The framework clearly specifies processes, allowing for their ongoing maintenance, improvement, and renewal based on business needs.
System Integration: All processes within the asset management system are fully integrated, ensuring smooth operations.
Improved Efficiency: The framework enables the integration of various management systems, enhancing overall organisational efficiency.
Asset Dynamics has extensive experience helping organizations across industries—including energy, utilities, and transport & logistics—develop and document their asset management frameworks. Using proven methods, we extract business insights and align them with modern asset management principles to create tailored frameworks that drive success.
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The Asset Management Strategy or Strategic Asset Management Plan (SAMP) sets the overall direction for asset management by outlining:
The current state with respect to asset management, the asset management system, and the asset portfolio.
The framework for making decisions.
The desired outcomes (asset management objectives).
A summary of planned activities to achieve these objectives, covering physical, capability, and data/information assets.
Arrangements to ensure successful plan delivery.
Developing the SAMP is most effective when approached as a strategic planning process, with active participation being key. Asset Dynamics has extensive experience leading, facilitating, and mentoring the development of asset management strategies, ensuring actionable, business-integrated plans that incorporate diverse perspectives from across the organisation.
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Effective asset management plans identify the priorities for forward work and investment in the assets in alignment with asset management objectives. They provide guidance on cost implications, timing of work, and resource requirements. In some cases, asset management plans need to be developed in such a way to meet legislative or regulatory requirements.
Asset Dynamics can support you with the following:
Establishment and improvement of asset management planning processes
Quality assuring internally developed asset management plans
Working with your team to develop asset management plans
Drafting asset management plans to meet external stakeholders’ requirements
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Aligning an infrastructure organisation with ISO 55001 is fundamentally a change management process. It requires leadership that balances between top-down establishment of asset management framework and strategy and bottom-up involvement of people. The result is an asset management system that is appropriate for the organisation, integrated with other management systems and processes, well understood by all stakeholders, and efficiently documented.
Asset Dynamics has leading capabilities in establishing ISO 55001-aligned asset management systems, and can support you with the following:
Initial asset management maturity assessment and priority recommendations.
Formation of asset management framework to consolidate existing ways of working into an ISO 55001-aligned process framework.
Develop ISO 55001-aligned strategic asset management plan, whether building from an existing SAMP, or development of the organisation’s first SAMP.
Mentoring and support for capability improvement projects based upon business improvement priorities identified in the SAMP and gaps identified in the asset management maturity assessment.
Documentation of improved business processes in alignment with asset management framework.
This overall methodology has proven effective to improve asset management performance and achieve alignment with ISO 55001.
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Data and information management
Information is the lifeblood of asset management and having the right asset information strategy and management systems optimises value from assets, leverages digital technology and keeps your people safe.
We support clients to understand their current asset information maturity and establish asset information governance and strategies that will ensure full value will be realised from information assets.
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Asset information governance is the foundation for leveraging asset information and avoiding risks.
A health check of asset information governance through our Asset Information Maturity Assessment involves a gap analysis against asset management objectives, asset management strategy and relevant standards such as ISO55001 (asset management) and ISO8000 (data quality).
This process identifies what is working well, critical risks and opportunities for improvement, providing clear direction for your Asset Information Strategy.
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An Asset Information Strategy is an essential part of an effective asset management system and ensures that the asset information requirements of all teams will be met. It specifies a plan of action to achieve long-term benefits and address information related risks and outlines how an organisation will meet its current and future asset information requirements.
Asset Dynamics has deep experience in the development, communication, and implementation of Asset Information Strategies and can play the role of facilitator or advisor as you advance in this area.
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Ensure a high degree of certainty that asset information is accurate, complete, and usable. An asset information management system includes the process, framework and tools to ensure asset information and data quality requirements are met.
Our asset information management system services include:
Asset register design, implementation and optimisation
Enterprise Asset Management System assessment and implementation
Enterprise data model of key asset management entities (where relevant leveraging industry standards such as ISO 55001, ISO 8000, BIM and CIM)
Data quality framework, development and implementation
Process improvement to support data improvements
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Data health is a measure of how fit your data is for its intended business purposes. Asset Dynamics offers comprehensive data health monitoring with DataFrame.
DataFrame provides you with real-time insights, empowering you to make informed asset management decisions that drive better outcomes for your stakeholders.
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Knowledge management
Often overlooked is the importance of knowledge in relation to the organisation and its physical assets. The inclusion of new clause “Knowledge” in ISO 55001:2024 seeks to address this issue.
Asset Dynamics has established innovative and pragmatic knowledge management solutions that ensures these often tacit assets are given the focus they require and managed throughout their lifecycle.
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Document control management is an essential enabler of asset management and the broader integrated management system of the organisation. If improving knowledge management and document control outcomes is a goal, then the best place to start is gaining an objective understanding of current capability.
Asset Dynamics’ Document Control Maturity Assessment uses a proprietary diagnostic tool to identify gaps and opportunities for improvement in the document control management system. Using best practices in the Standards New Zealand Handbook for Document Control and ISO 9001:2015, the assessment provides an objective view of your current state. Asset Dynamics provides actionable feedback on improving business outcomes related to document control and knowledge management.
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The document control management system is the integrated capability used by an organisation to manage documented information through its lifecycle. This typically covers policy, procedures, competencies, resources, and information systems. A well-functioning document control system ensures that organisational knowledge is accessible and preserved, reduces the total cost of managing knowledge assets, and guarantees their effectiveness.
Asset Dynamics has two decades of experience developing and improving document control management systems. We offer a structured and systematic approach, supported by a wide range of standard artefacts, templates, and workflows that can be adapted or adopted.
Asset Dynamics document control management system services address the risks of a technology-first approach to document control by focusing on human factors and change management.
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The role of Document Controller is critical to establishing a sustainable document control capability in your organisation. The Document Controller is the gatekeeper of the controlled document register and is responsible for:
Approving the creation of new controlled documents and ensuring correct metadata.
Completing quality reviews of controlled documents before they are sent to the document owner for approval.
Approving the publication of controlled documents.
Communicating the publication of new or updated controlled documents.
Archiving documents at end of life.
Maintaining the document control management system and ensuring it remains fit for purpose.
Reporting on the status of the document control management system and controlled documents as part of the broader risk management system.
Managing the document control information system and resolving issues.
Asset Dynamics provides interim Document Controller support while implementing a document control management system. We also offer training and mentoring for new Document Controllers.
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Asset Dynamics has a network of technical writing professionals that can be tapped for projects large or small. All technical writing work proceeds based upon a rigorous document analysis process to elicit requirements, meaning you can be confident that outputs will address business needs.
Our technical writers all have over a decade of experience in the field and are trained in Information Mapping™, a leading method for writing and structuring technical content. They are skilled communicators and are able to work effectively with a range of stakeholders including management and field teams.
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Education
Asset Dynamics provides industry-grade in-house and public training solutions across asset management, asset management data and information management, and knowledge management.
Our courses are designed and delivered by leaders in their field and can be fully customised to meet our clients’ requirements. All training includes a follow up report that captures student workshop outputs that provides a valuable prompt for business improvements.
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Course outline
Asset Strategy
Defining the Asset Management Strategy
Setting Asset Management Objectives
Details of Assets, their Design and Operational Requirements
Applying Strategy
Measuring the Performance of the Asset Management Strategy
Asset Planning:
Risk Management
Measuring Risk in the Assets
Asset Management Plan
Forming Proposals of Work and Portfolio Management
Avoiding Backlog in the Asset Management Plan
Work Delivery:
Life Cycle Management of In-Service Assets
Avoiding Early Retirement and Unnecessary Waste
Using Data and Information to Inform Asset Management Decision Making
Reliability Support for Decision Making
Continual Improvement
Performance measurement
Internal Auditing
Reporting to Senior management
Enabling Continual Improvement
Who should attend
Managers
Asset managers
Reliability engineers
Planning engineers
Project engineers
Project managers
Maintenance supervisors
Technicians
Anyone responsible for delivering or supporting asset management
What you’ll take away
Requirements for the delivery of asset management to assist the organisation to meet its corporate objectives including ongoing continual improvement.
Summary information on the ISO 55000 series of standards for asset management and their interpretation in a strategic business context.
Briefing on public advice available across the global community to assist organisations to lift the asset management performance of their teams.
Overview of roles and processes identified in an asset management framework that defines and shows the linkages between all elements in an asset management system.
Risk-based decision making to optimise expenditure on assets over the short and long term.
How data and information enable asset management decision making and control, and requirements for the organisation’s own systems to deliver.
Course objectives
Explain an asset management system and how different teams need to work with each other to deliver a successful outcome.
Specify the controls used in asset management to lead and communicate to the teams and then guide them to successful delivery of the asset management objectives.
Summarise the functions within an asset management system, allowing people to consider where their organisation needs to improve.
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Course outline
The Context for Asset Information:
Scope and purpose of asset information
Overview of asset information activities
Data roles and responsibilities
Asset information governance
The Asset Information Strategy:
Vision, goals and key performance indicators
Principles
Data quality dimensions
Business functions supported & data required for each function
Data risks and opportunities
Managing Asset Information:
Managing master data
Registering new assets
Capturing asset information
Monitoring asset information quality
Extracting asset information
Improving Asset Information:
Rationale for improving asset information
Review and plan asset information improvements
Implementing information improvements
Performance evaluation for asset information
Who should attend
Asset information managers
Asset information analysts
Asset information team leaders
Asset information improvement analysts
GIS Team Leaders
GIS analysts
Business analysts
Anyone responsible for ensuring asset management data and information is fit for purpose
What you’ll take away
Understand what an effective asset information framework looks like and how to ensure it is appropriate for an organisation’s asset management requirements.
Learn how to create an asset information strategy which provide guidance and clarity to asset information activities.
Understand the interfaces between the asset information team and the many internal and external stakeholders who rely on fit for purpose asset information.
Relate the asset information aspects of ISO 55000 standards and the GFMAM AM Landscape to asset information functions and activities in your organisation.
Specify an internal audit and performance measurement approach that provides asset information is meeting requirements and is improving over time.
Course objectives
Explain the fundamentals of asset information including why it is critical to effect asset management.
Describe the core activities required to provide fit for purpose asset information and outlines how these functions operate.
Examine the principles and concepts underpinning an effective asset information capability are explained.
Understand the role of asset information governance is described as well other key roles and their responsibilities.
Upcoming Course Dates
Asset Information Foundations
4-6 December
Online, two half-days
CONTACT
Work with us
We’d love to work with you.
Please complete the form or email info@assetdynamics.co.nz and we will be in touch as soon as possible.