Asset Management

Asset Management

Infrastructure owners are facing increasing demands for improved service, longer service life and greater accountability.

These demands, coupled with aging infrastructure and shrinking budgets, are leading owners to similar conclusions: Today’s challenges require a new approach, one focused on improving performance and reducing cost of ownership during the entire asset lifecycle.

Data-driven Approach Enhances Value

We help owners enhance the value of assets by adopting a true asset management approach. Not just inventorying assets, but developing comprehensive business plans that consider the lifecycle cost of the asset in order to make strategic decisions related to the long-term performance and maintenance of a facility or system.

Our approach uses information about a collection of assets, coupled with a risk-based methodology, to prioritise projects and programs. We also apply what we know from operating and maintaining an asset to inform design and construction—and more efficiently maintain that asset in the future.

Asset Management Services

Strategic Asset Management Planning (SAMP)

Strategic Asset Management Planning is crucial to developing clear strategies and objectives for the management of an organisation’s assets. This planning process brings together the organisational plan, asset management policy, asset management systems and high level objectives of the organisation. The content of the Strategic Asset Management Plan (SAMP) is driven by the processes outlined in ISO55001 and identifies the objectives that address both the assets
and the tools for managing them, supported by high level actions or initiatives. HDR can develop your Strategic Asset Management Plan or provide advice on ensuring existing systems comply with ISO55001 guidelines.

Asset Management System Development

HDR works with clients to develop fit-for-purpose systems that become valuable tools in the asset management process. HDR has developer level expertise in Deighton’s Total Infrastructure Management System (dTIMS) software tool that provides one platform for data storage, analysis, reporting and the development of optimised works programs. We are able to work with our clients and tailor system solutions based on the size of the network and the outputs required. HDR
provides this service in house, developing optimised OPEX and CAPEX works programs to achieve organisational goals and outcomes. We also work with clients to develop in-house systems and provide the ongoing training and support to build asset management capability within your organisation. HDR provides the ability to incorporate your existing systems into an overall asset management system.

Asset Data Collection and Analysis

Good data is integral to an effective asset management system. A robust data management strategy uses data collected and generated from an asset to inform decision making. Our capabilities range from on the ground data collection, inventory collection, condition analysis and reporting to site specific deterioration modeling. HDR specialises in data collection and analysis of a range of asset classes from roads and pavements to bridges and other structures.

Infrastructure Network Modelling

Our decision support tools help owners prioritise projects and programs, understand tradeoffs, measure benefits and evaluate risk in order to determine the best investment and policy strategies. These tools allow the asset owner to model a range of operational and capital investment scenarios and determine the corresponding future network condition to allow more informed whole of life decision making at the investment stage. This modeling provides the ability to show
network condition maps through future years as a result of the applied funding levels and ensures changes in funding can be easily compared to show future network condition.

Optimised Works Program Development

Traditionally works programs are developed based on visual inspections and existing levels of funding on an asset by asset basis. At HDR, we utilise existing asset information and combine it with our experience in modelling alternative maintenance techniques to achieve optimal network wide investment scenarios. This targeted investment ultimately leads to an improved whole of network condition using existing funding arrangements. The challenge for asset owners lies in stretching the maintenance dollar further to reach organisational goals of providing a safe and efficient asset base. At HDR, we also collaborate with contractors and asset owners to guide existing funding where it works the hardest. The key is determining which point to invest in the life of the asset to give the most long term benefit for the asset and the organisation.