The Asset Management Council

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The Asset Management Council The Asset Management Council is a membership-based, not-for-profit organization that acts as a centr

The Asset Management Council is a membership-based, not-for-profit organization, a Technical Society of Engineers Australia, a founding member of the Global Forum on Maintenance and Asset Management (GFMAM) and a founding member of the World Partners in Asset Management (WPiAM). As an internationally recognized organisation at the forefront of asset management knowledge and development, we provide information and guidance on asset management across a multitude of industries and professional roles, both in Australia and overseas. Our professional services, technical knowledge, and organisational experience act as a platform for professional development and industry recognition, and our international affiliations link our stakeholders to a community whose knowledge and experience is drawn from all levels of practice. Our vision is to "enable value from effective asset management" and our mission is to "engage our stakeholders to transfer knowledge to create a deeper understanding of asset management".

20/10/2026

Your next SAMP or AMP doesn’t have to start with a blank page.

If you haven’t explored AM Council’s new AM Plan Tools yet, bring a
real planning task and give them a try.

Start by defining your organisation, project or asset portfolio. Choose a
SAMP or AMP, then add the objectives and context the plan needs to
reflect.

The tool helps you generate a structured draft that you can review and
refine, section by section. The more relevant context you provide, the
more specific the draft can be.

Still working out what your plan should cover? Start with the exemplar
library and explore how other organisations have approached it.

AM Council is continuing to lead the practical adoption of AI across
the profession, giving members opportunities to build confidence
through the work they already do.

Your expertise guides the process. You review, edit and remain
accountable for the final plan.

Put your membership to work. Log in and start exploring → https://www.amcouncil.com.au/ai-asset-management-plan-draft-tool-samp-and-amp/

How can sustainability be embedded into asset management decision-making throughout the asset lifecycle?The next session...
15/10/2026

How can sustainability be embedded into asset management decision-making throughout the asset lifecycle?

The next session in our 2026 Asset Management in Action Webinar Series will explore:

Embedding Sustainability into Water Corporation’s Asset Management Practices

Join Hurst, Principal – Performance and Forecasting in the Asset Strategy Business Unit at Corporation, as she shares how Water Corporation has embedded sustainability into asset management decision-making by integrating sustainability requirements across project planning, design and delivery using a new Sustainable Assets Guideline and Option Assessment tool.

The sustainability outcomes outlined in the guideline are aligned to:

• Corporate and Asset Management Objectives
• ESG Strategy
• Infrastructure Sustainability (IS) Rating Scheme

The approach integrates:

• early materiality assessment
• option assessment
• risk/opportunity management
• measurable targets

It is now applied to all Water Corporation major projects and has resulted in quadruple bottom line outcomes and improved decision quality, delivering enhanced sustainability value to customers and communities.

đź“… Tuesday, 27 October 2026
⏰ 1.00–1.30 pm AEDT
đź’» Online
âś… 30-minute session
âś… Earn CPD for attending
âś… Free for AMCouncil members
🎟️ Non-members are welcome to attend for a small registration fee

The session will be facilitated by AMC's Brisbane Chapter Committee Vice Chair, Lalyn Masangcay.

Register here: https://www.amcouncil.com.au/event/webinar-embedding-sustainability-into-water-corporations-asset-management-practices/

Part of the Asset Management in Action Webinar Series – showcasing submissions from the 2026 Excellence Awards.

Operational and financial decisions are strongest when they are built from the same view of the asset base. Fewer than h...
14/10/2026

Operational and financial decisions are strongest when they are built from the same view of the asset base. Fewer than half of organisations have reached that point.

Only 46% of respondents say their asset management data is integrated with their finance system. Integration is highest in medium organisations, where 62% have their asset and finance data connected, and it drops away at both ends of the scale: just 35% of small organisations and 40% of large ones report the same.

Mid-sized organisations tend to have both the volume of activity to justify integration and the systems agility to deliver it, while very small organisations often lack the business case and very large ones the agility.

How connected are the operational and financial views in your organisation? See the full sector findings: https://web.amcouncil.com.au/The_State_of_Asset_Management_Sector/

Your asset management plan is written. Where could it be stronger?Our members asked for practical support to strengthen ...
13/10/2026

Your asset management plan is written. Where could it be stronger?

Our members asked for practical support to strengthen asset management planning. AM Council’s AM Plan Tools put that feedback into action.

AM Council’s AM Plan Tools bring a purpose-built approach to AI-supported planning. While general-purpose AI tools support a broad range of tasks, AM Plan Tools are grounded in AM Council’s AMBoK
framework and informed by more than 500 real-world asset management plans.

Use “Diagnose my plan” to identify gaps across 11 dimensions of good practice and focus your next review.

It’s another way AM Council is putting industry innovation into members’ hands, with your professional judgement guiding the decisions.

Try it with your SAMP or AMP → https://www.amcouncil.com.au/ai-asset-management-plan-draft-tool-samp-and-amp/

A stronger starting point for your next asset management plan.​Our members identified Strategic Asset Management and SAM...
09/10/2026

A stronger starting point for your next asset management plan.​

Our members identified Strategic Asset Management and SAMP as their top skills development priorities for 2026. We listened.​

AM Council is continuing to put AI innovation into members’ hands with the launch of AM Plan Tools, helping you develop draft Strategic Asset Management Plans (SAMPs) and Asset Management Plans (AMPs), review existing plans and learn from real-world examples.​

Grounded in AM Council’s Framework for Asset Management (AMBoK) and informed by patterns from more than 500 real-world plans, the tools bring our professional knowledge into your planning process.​

AM Council members can now:​

Generate a structured SAMP or AMP draft for your organisation or asset portfolio.​

Diagnose gaps in an existing plan.​

Explore annotated examples to see how other organisations approach asset management planning.​

You bring the context, professional judgement and final review. The tools help you put that expertise to work.​

Explore AM Plan Tools and access this member benefit → https://www.amcouncil.com.au/ai-asset-management-plan-draft-tool-samp-and-amp/

📢 Melbourne Chapter Event | Attesting Across the SeamsWhen multiple regulatory frameworks apply to the same assets, who ...
08/10/2026

📢 Melbourne Chapter Event | Attesting Across the Seams

When multiple regulatory frameworks apply to the same assets, who is managing the risks that fall between them?

Join us in Melbourne C*D on Wednesday 21 October for Attesting Across the Seams, presented by Tony Ridley, MSc CSyP FSyI SRMCP.

In this session, Tony will explore the risks that arise where asset management, enterprise risk, security and resilience obligations intersect. Drawing on recent Australian infrastructure failures, including Callide C and TT-Line, he will examine where gaps can emerge between regulatory regimes and what asset managers can do to strengthen governance, accountability and assurance.

đź“… Wednesday 21 October 2026
đź“Ť Melbourne C*D
🎟️ Free for AMCouncil members
🎟️ Non-members are also welcome to attend for a nominal attendance fee

👉 Register here: https://www.amcouncil.com.au/event/melbourne-attesting-across-the-seams/

A big thank you to Melbourne Chapter Chair Andrew Sarah (CAMA, CPAM, MIEAust, MHFAider, [LION™]) and the Melbourne Chapter Committee for organising this valuable professional development opportunity.

We look forward to seeing you there.

Formal asset management systems are quickly becoming the norm across the sector.76% of respondents say their organisatio...
08/10/2026

Formal asset management systems are quickly becoming the norm across the sector.
76% of respondents say their organisation has implemented an asset management system, up from 67% in 2024. Another 15% plan to implement one, leaving only 9% with no system and no plans.

The next challenge is value. Among respondents who explained the benefits of asset management initiatives, 32% described those benefits as early-stage or limited. Implementation is an important milestone, but leadership, culture, capability and data quality determine what happens next.

Has your organisation moved from system adoption to measurable value? Read the report: https://web.amcouncil.com.au/The_State_of_Asset_Management_Sector/

A fantastic evening of learning, teamwork and practical problem-solving at the Asset Management Council Perth Chapter’s ...
06/10/2026

A fantastic evening of learning, teamwork and practical problem-solving at the Asset Management Council Perth Chapter’s AMC Sprint: Fast Track to Asset Management at Curtin University.

Participants worked in teams to tackle a real-world asset management case study, assess risks and opportunities, develop solutions and then present their recommendations to an experienced industry judging panel.

A big thank you to our Perth Chapter facilitators Jakob Verhoef and Stefan Oosthuizen, our judges Scott Yates, Dimitra Pierros and Ernst Krauss CFAM, and everyone who took part.

It was great to see the next generation of professionals getting hands-on experience with the principles and decision-making that sit at the heart of good asset management.

📸 A few highlights from the evening.

A great turnout for the Asset Management Council Adelaide Chapter’s recent session, Digital Assets in the Built Environm...
06/10/2026

A great turnout for the Asset Management Council Adelaide Chapter’s recent session, Digital Assets in the Built Environment: From Strategy to Operational Intelligence.

Thank you to Rebecca De Cicco FCIOB, Director of Built Digital SA and Founder & Global Chair of Women in BIM, for sharing her insights into how organisations can move beyond viewing digital assets as handover deliverables and instead develop trusted, maintainable information capabilities that support better decision-making throughout the asset lifecycle.

The session explored digital and information strategy, governance, information requirements and the operational capability needed to keep asset information current and valuable over time.

Thank you also to everyone who joined us and contributed to the discussion.

AMCouncil members can access the presentation slides from the session in the Member Zone.

Every asset decision rests on the quality of the information behind it. Strong confidence in that information is rare.On...
30/09/2026

Every asset decision rests on the quality of the information behind it. Strong confidence in that information is rare.

Only 5% of respondents are very confident the asset information they receive is accurate. A further 32% are confident, 53% are only somewhat confident, and 10% are not confident.

Confidence has softened slightly since 2024, even as investment in systems has grown. Better technology does not automatically create trusted data. Clear ownership, governance, integration and consistent practice still matter.

What would make the biggest difference to data confidence in your organisation? Explore the findings: https://web.amcouncil.com.au/The_State_of_Asset_Management_Sector/

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Melbourne, VIC
3166

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