Experienced, passionate asset management expertise

This process uses a service-centric framework to assess your organizational asset management maturity levels, through targeted facilitated workshops. The outcomes of the diagnostic improve asset management practices, identify resource requirements, and detail a step-by-step program for asset management framework development.

By clearly outlining your overall asset management policy, your organization will have a framework to guide management of all assets. Brightly will work with you to develop a policy to assist in ensuring asset management goals are reached.

A clear asset management strategy outlines the specific details of how to achieve the goals defined in your policy documentation. Your organization will be leveraging Brightly's experience on how to structure a successful strategy through activities such as which selecting asset types to address first and the service levels and metrics to be applied and determining your long-term financial plan funding requirements to ensure an effective implementation and outcome.

A strategic asset planning framework outlines your long-term strategy for managing assets including service level targets, asset degradation profiles, asset repair records and asset life-cycles, as well as treatment types, what triggers them and their impact on service levels. It is defined through a combination of your organizational knowledge and Brightly’s experience.

A sound asset management plan breaks down the specific activities to be undertaken by your asset management team in any given period to achieve your asset management goals. Effectively your asset strategy gives you broad information such as which asset classes to address and when, the strategic asset planning framework dictates the treatment types and triggers, and the output of these is your asset management plan.

Today, asset management is service-driven, not budget-driven. Leverage Brightly’s experience in compiling your level of service documentation to ensure you are measuring the correct service level (for example condition, reliability, failure rates, or responsiveness), setting appropriate targets and measuring against them accurately.

Effective business process and data collection manuals document best-practice processes for your organization. Brightly will work with you to establish these manuals, which detail everything from condition score rating scales to safety procedures, to ensure your organization’s processes are reliable and repeatable.

Valuations are an essential, and often onerous, task which enables your organization to correctly account for assets and provides relevant and reliable information for decision. Brightly specializes in asset valuations, revaluations, and other EOFY asset-related activities. We can either work with your teams to satisfy your requirements, undertake training of your teams or you can outsource the task in its entirety, depending on your needs.