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  • SIMPLE - Glossary - Y
    to Subscribe How Can Asset Management Help Me Project Background How to use SIMPLE What is SIMPLE Getting Started Pathways to Asset Management Effective Implementation Asset Management for Small Utilities Interactive Training Practitioner Contents GASB 34 The 10 Steps to Asset Management Asset Management Guidelines Develop an Improvement Plan Reports Case Studies SAM Practitioner Tools Glossary Y a b c d e f g h j k l m n

    Original URL path: http://simple.werf.org/Pages/Glossary/Glossary---y (2016-05-01)
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  • SIMPLE - Glossary - Z
    to Subscribe How Can Asset Management Help Me Project Background How to use SIMPLE What is SIMPLE Getting Started Pathways to Asset Management Effective Implementation Asset Management for Small Utilities Interactive Training Practitioner Contents GASB 34 The 10 Steps to Asset Management Asset Management Guidelines Develop an Improvement Plan Reports Case Studies SAM Practitioner Tools Glossary Z a b c d e f g h j k l m n

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  • SIMPLE - Glossary - Sources
    A study of Best Manufacturing Practices in Australia and New Zealand 1994 A2 Australian Heritage Act A3 The Australia ICOMOS Charter for the Conservation of Places of Cultural Significance The Burra Charter Assisted by the Australian Heritage Commission now known as the Australian Heritage Council Canberra 1988 A4 ASSETS Project Development Team 2002 03 A5 Australian National Audit Office Better Practice Guidelines Asset Management Handbook various other publications A6 Australian Accounting Standards Board A7 Australian National Training Authority B1 Building Owners and Managers Association now known as the Property Council of Australia B2 Benchmarking Self Help Manual Australian Government Department of Industrial Relations B3 Building Catalogue owned by Construction Web Services Pty Ltd C1 A Glossary of Terms used in Real Estate and Valuation Practice 2nd Edition Published by REI of Australia Canberra Compiled and edited by Frank Trimboli FREI FAIV D1 Department for Administrative and Administrative Services DAIS South Australia Strategic Asset Management Services Glossary of Building and Asset Management Terms 1997 E1 Draft Report Competitive Biding and Contracting by Public Sector Agencies Industry Commission October 1994 G1 Terminology definitions and acronyms selected from infrastructure asset management manuals guidelines and booklets developed and published to assist their clients by GHD Pty Ltd over the past two decades G2 A Glossary of Terms used in Real Estate and Valuation Practice 2nd Edition Published by REI of Australia Canberra Compiled and edited by Frank Trimboli FREI FAIV G3 The Glossary of Building Terms published jointly by the National Committee on Rationalised Building NCRB Standards Australia and the Suppliers Index Sydney 1994 I1 Local Government Planning Environment Act 1990 No 61 I2 Land Valuation and Compensation in Australia RO Rost and HG Collins Published by AIVLE 1984 L1 National Public Works Council Now known as the Australian Procurement and Construction Council Canberra

    Original URL path: http://simple.werf.org/Pages/Glossary/Glossary---sources (2016-05-01)
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  • SIMPLE - Glossary - Acronyms
    Improvement Program AMIPM Asset Management Improvement Program Management AMIS Asset Management Information System AMP Asset Management Plan AMS Asset Management Strategy AMSC Asset Management Steering Committee AMT Asset Management Team Enterprise based group BAP Best Appropriate Practice BCE Business Case Evaluation BRE Business Risk Exposure BVC Business Value chain CAMT Corporate Asset Management Team CAP Condition Assessment Program CAM Comprehensive Asset Management CAPEX Capital Expenditures CIP Capital Improvement Plan CBD Condition Based Depreciation CBM Condition Based Maintenance Condition Monitoring predictive CBV Cost Base Value CL Confidence Level CLR Confidence Level Rating CMOM Capacity Management Operations and Maintenance CoS Cost of Service CSO Community Service Obligation something we do but don t get paid for DORC Depreciated Optimized Replacement Cost EIP Effective Implementation Program FM Failure Modes the ways in which assets fail FMEA Failure Modes and Effects Analysis FMECA Failure Modes Effects and Criticality Analysis GAMS Government Asset Management System whole of state government GAP Gap Analysis Process IIMM International Infrastructure Management Manual IPWEA Institute of Public Works Engineering Australia KPI Key Performance Indicator LoS Level of Service LTD Life to Date MEA Modern Equivalent Assets MMI Maintenance Managed Item NAMS National Asset Management Steering Groups in many countries NPV

    Original URL path: http://simple.werf.org/Pages/Glossary/Glossary---acronyms (2016-05-01)
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  • SIMPLE - Glossary - A
    assessed SIMPLE recognizes four core failure or distress modes Availability Capacity Performance Level of Service Mortality Reliability and Economic Source D1 Asset Management AM A systematic approach to the procurement maintenance operation rehabilitation and disposal of one or more assets It integrates the utilization of assets and their performance with the business requirements of asset owners or users Asset management is all about the continuous alignment of asset performance to meet service delivery outputs to deliver the desired outcomes Source A4 A management paradigm and a body of management practices that is applied to the entire portfolio of infrastructure assets at all levels of the organization which seeks to minimize the total cost of acquiring operating maintaining and renewing the organization s assets within an environment of limited resources while continuously delivering the service levels customers desire and regulators require at an acceptable level of business risk to the organization Asset Management Information System AMIS A computer based software system for collecting and analyzing data and extracting meaningful information on the performance of existing assets and their operating costs Often called an Enterprise Asset Management System or EAMS Source A4 Asset Management Plan AMP A document that identifies the short and long term service delivery requirements of the portfolio of assets belonging to an organization It provides a framework for managing an asset or group of assets from within the asset portfolio Source S2 modified Asset Management Strategy A preferred strategy outlining the minimum acceptable asset performance criteria needed to support service delivery including resource levels for human fiscal and IT for the required functionality Source A4 Asset Performance The measurement of the achievement of pre determined outputs arising from the existence and operation of assets using a range of performance targets that measure the individual and collective contribution an asset makes towards service delivery and or business outputs Source L1 Asset Register A systematic record of assets and their attributes The asset register provides information for strategic planning and operational management by asset custodians including physical condition details financial details asset performance and service delivery performance indicators and targets Source L1 Asset Register Hierarchical Structure A structure for an asset register typically a tree or pyramid structure which allows aggregation of data from the lowest level up to the highest for useful and appropriate reporting Asset Rehabilitation Work performed on an existing asset to ensure that it s performance capacity and capability meets its pre determined performance target It does not refer to work that transforms the asset to an as new condition Painting a school classroom and replacing its floor covering replacing x ray equipment in a hospital milling and repaving a section of road all fall within this category Source A4 Asset Renewal The replacement or reconstruction of an existing asset with a new asset The distinction here is that the resultant asset is transformed to an as new condition Demolishing and rebuilding new classrooms or a hospital ward fall within this category Source A4 Renewal itself

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  • SIMPLE - Weblinks
    Practitioner Tools Weblinks Asset Management Web Sites This area has been designed to allow links to asset management sites to be incorporated into the SIMPLE tool The sites below have been included as a starting point for providing awareness to asset management practitioners Please forward to ghdamsupport ghd com au any other sites which you believe should be included Water Environment Research Foundation Water Research Foundation US Environmental Protection Agency

    Original URL path: http://simple.werf.org/CMSPages/PortalTemplate.aspx?aliaspath=%2fPages%2fWeblinks (2016-05-01)
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  • SIMPLE - EPA Asset Management Training Material
    context of Asset Management USEPA Steve Allbee Flash Video 96min Fundamentals of Asset Management Executive Overview PDF Flash Video 39min Introduction of Storyline Tom s Bad Day Flash Video 20min Step 1 Develop Asset Registry PDF Flash Video 40min Step 2 Assess Performance Failure Modes PDF Flash Video 48min Step 3 Determine Residual Life PDF Flash Video 30min Step 4 Determine Life Cycle Replacement Costs PDF Flash Video 43min Step

    Original URL path: http://simple.werf.org/Books/Contents/Interactive-Training/EPA-Asset-Management-Training-Material (2016-05-01)
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  • SIMPLE - SIMPLE Webcasts
    Effective Implementation Asset Management for Small Utilities Interactive Training EPA Asset Management Training Material SIMPLE Webcasts Practitioner Contents GASB 34 The 10 Steps to Asset Management Asset Management Guidelines Develop an Improvement Plan Reports Case Studies SAM Practitioner Tools Contents Interactive Training SIMPLE Webcasts For access to WERF SIMPLE webcasts please follow the links below Assessing Current Asset Management Practices Using SAM GAP WERF Strategic Asset Planning Leading Practices and

    Original URL path: http://simple.werf.org/Books/Contents/Interactive-Training/SIMPLE-Webcasts (2016-05-01)
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