1 / 17

Corporate Asset Management Framework Development in Strathcona County

Learn about the asset management journey of Strathcona County, its challenges, strategies, and outcomes, including the development of a Corporate Asset Management Framework. Discover the key steps taken, lessons learned, and future plans in this insightful presentation.

robertdroberts
Download Presentation

Corporate Asset Management Framework Development in Strathcona County

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Strathcona County Asset Management JourneyFrom the idea to a Corporate Framework Presentation at IAMA Workshop Feb 7, 2018 Elena Loukin, Infrastructure Management Engineer

  2. Strathcona County Capital Region • Specialized municipality east of Edmonton • Fourth largest municipality in Alberta by population - 98,044 • Urban services area - Sherwood Park • Rural area, 8 rural hamlets • Budget Annual around $440M Capital around $90M • 75% of western Canada refining capacity

  3. Sherwood Park 1962 vs 2014

  4. Asset Management Approach Prior • Small, isolated efforts • Store information to make decisions • Focus on capital projects PSAB After • TCA = asset management? • Software = asset management? • Top-down approach to asset management? • Other approach?

  5. The Journey… continued Charter/TOR/Goals Network SNAM Objectives Small group Idea

  6. The Journey… continued We are here Corporate AM Framework Buy-in Connecting IAM/ET/CFO Charter/TOR/Goals Network SNAM Objectives Small group Idea

  7. Challenges • Recruiting challenge • Lack of support and authority • Perceptions

  8. Strategies • Creating AM awareness amidst decision-makers • Getting buy-in to proposing initiatives by showing need & benefits • Securing funding • Developing a formal AM Framework Project

  9. Lessons Learned • Take initiative • Start from grassroots and get decision-makers on board • Translate AM concepts into Project • Recruit right people to AM network • Small steps

  10. Outcome • Maturity Assessment Gap Analysis 1 25 50 75 100

  11. Outcome … continued • Corporate Asset Management (CAM) Framework • CAM Governance model

  12. Outcome … continued 3. Asset Management Implementation Road Map

  13. Where we at? 2018 • CAM Interim Governance Model

  14. Where we at? … continued 2018 • CAM Charter • Vision • Mission • Program Goals • Roles & Responsibilities • Budget for Phase I of AM Framework

  15. What’s Next? • CAM Policy • AM Networks - AM Strategy & Planning Network - AM Productivity Network - Project Management Network - Asset Knowledge & Performance Management Network

  16. Conclusion AM Excellence Corporate AM Framework Buy-in Connecting IAM/ET/CFO Charter/TOR/Goals Network SNAM Objectives Small group Idea

  17. Questions ?

More Related