Asset Management

Defining organisational value and how the asset portfolio supports achieving value is at the heart of strategic asset management. Our team have worked with organisations large and small and with diverse asset bases to clearly define value and then design and implement appropriate asset management processes.

Our team has significant experience with the ISO 55001 series of Standards, and we hold Endorsed Assessor status from the Institute of Asset Management (UK) for the conduct of gap analyses and certification against this Standard. Our experts also hold Certified Asset Management Assessor (CAMA) status for ISO 55001.

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Increasingly we are delivering long term asset management improvement programs for clients that understand the benefits that can be realised from sustained asset management improvement.

Our team is passionate about asset management planning that is fit for purpose, practical and is implemented. We emphasise the difference between “planning” and the “plan”. Our experience across a wide range of sectors and asset classes means that understand important decision-making criteria to inform planning and the evidence needed to support these decisions. We also work with asset owners and managers to base make asset management plans dynamic, interactive and integrated with operational data sets.

Our asset lifecycle planning services include:

• Asset management plans
• Renewals forecasting
• Lifecycle financial modelling
• Systems engineering
• Configuration management
• Operations and maintenance decision-making
• Maintenance strategy and delivery
• Reliability engineering

We have also developed maintenance strategies and plans for a wide range of assets across transport, water, facilities and local government.

Cardno’s multi-disciplinary capability across civil, structural, mechanical, electrical and geotechnical engineering provides the expertise and depth of resources to carry out a wide range of condition assessment from detailed assessments to large programs of visual inspections.

Our team is also experienced in developing strategies for condition assessment that provide guidance in areas such as level of assessment, techniques and frequency that balance cost and risk of gaining asset health information.

Our asset management team have capabilities across accounting, finance and economics. We know how to bring technical and financial considerations together to support decision making. We also work with organisation to increase collaborations within organisations in these areas.

We routinely develop financial models for decision making across the asset lifecycle, e.g. determining appropriate operating, maintenance and renewal interventions. We also undertake financial forecasting to support business planning and have a strong track record in efficiency assessment of capital and operating expenditure.

We have undertaken economic assessment and prepared business cases to State Government guidelines across Australia and for a wide range of asset classes. In developing business cases, our asset management perspective places emphasis on the service provided by the assets and considerations across the full lifecycle.

Our strength is in providing a multi-disciplinary valuation team with experience in asset management, engineering, valuations, and accounting. We are proud of our record of having 100% of our valuations accepted by auditors.

Our valuation track record spans sectors including water, sewerage, roads, stormwater, marine structures, buildings, facilities, natural assets and parks. 

Cardno believes resilience is the ability and capacity for an organisation to respond to disruptions and recover as quickly as possible to an operating condition similar to what existed before the disruption. We believe business continuity is the ability for an organisation to continue its mission in a timely and effective manner during a disruption.

Cardno integrates resilience risk and business continuity analysis with a systematic approach to threat, vulnerability and resilience risk measurement and improvement with its Asset Management, Infrastructure, Engineering, Environmental and Communities practices.

Our work in data, information and analytics spans both business processes and hands-on management and analysis of data to derive value for our clients.

On the business process side, we have considerable experience preparing policy, strategy, standards and specifications for data and information so that our client’s asset knowledge is enhanced. We help our clients to balance the cost of data collection and lifecycle management and the value it provides.

Our experience designing and implementing data and digital solutions includes:

• Policy, strategy and specifications
• Field mobility solutions and innovative data collection tools
• Advanced imaging and thermography for condition assessment
• Interactive spatial visualisations
• Network performance analysis
• Collation of asset and business data
• Dashboards for business intelligence

Cardno has developed a suite of training courses aligned with the Institute of Asset Management’s (IAM’s) Endorsed Trainer program based on the IAM’s internationally recognised Competency Framework for Asset Management. 

Cardno’s IAM Foundation Award includes:

• asset management concepts, principles and terminology
• the breath of asset management activities
• characteristics of effective asset management
• commonly used techniques
• the types of benefits organisations can realise
• next steps for individuals who wish to continue their asset management journey

Our courses range from introductory programs suitable to those new to asset management, to courses on policy and strategy suitable for executive-level decision-makers.

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Assurance is one of the pillars of asset management (along with value, alignment and leadership). Assurance considers both processes and outcomes and drives both continual improvement and sustained performance.

Our team has a long history in conducting asset management reviews and audits, having completed more than 100 across all jurisdictions in Australia.

We are called upon by regulators, State Governments and asset owners to deliver assurance services to the highest quality and often in business critical circumstances. Ultimately, our work provides confidences to stakeholders, particularly customers, that assets are being managed soundly and efficiently.