RPS brings detailed knowledge and experience in the road, rail, water, energy and property sectors and provides high quality infrastructure asset management, financial and commercial advice.
Policy and Strategy development
Asset planning and program administration support
Operations and maintenance service delivery support
Property portfolio management
Government Departments and companies with physical asset bases require best practice asset maintenance, services and operations and capital investment program administration to deliver services effectively, efficiently and to keep their assets in a ‘fit for purpose’ condition.
Large asset portfolios require multi-level administration systems where the governance framework includes:
Corporate / organisation management to ensure assets support the strategic goals of the organisation
Planning at the asset portfolio level to facilitate investment optimisation and sustainability
Asset systems to administer inventory and activity
At the level where assets are created, utilised, maintained and deposed with a focus on optimising the lifecycle.
Significant challenges in the selection of investments and in prioritising those investments. Best practice infrastructure asset management requires the bringing together of processes involving management, financial administration, economic analysis, engineering, and other practices with the objective of providing the required level of service of the infrastructure assets in the most cost-effective manner. Asset Management is also the art and science of making the right decisions and optimising these processes.
It also includes the management of the whole lifecycle (design, construction, commissioning, operating, maintaining, repairing, modifying, replacing and decommissioning/disposal) of infrastructure assets. Sophisticated work prioritisation processes are needed to operate and sustain assets in a constrained budget environment.
Asset management processes are centred on a framework of five core questions:
1. What is the current condition state of the infrastructure asset/s?
2. What is the “sustainable” condition standard and level of service?
3. Which infrastructure assets are critical to sustained performance?
4. What are the optimal lifecycle activities and lifecycle costs?
5. What is the sustainable long term funding need?
We also understand the planning, procurement and implementation of service outsourcing and franchising and bring market leading proposal assessment tools to assist clients in selecting providers. Our service group representatives have extensive direct experience and are market leaders in infrastructure asset management.
Lane Cove Tunnel O&M