NAMS.AU for Asset Management Industry Excellence

Assetic is pleased to announce we are now a NAMS.AU Consultant Supporter, having accepted an invitation to join the program earlier this year.

The National Asset Management Strategy Committee (NAMS.AU) is an IPWEA-based leadership and advocacy initiative working towards the sustainable management of public works infrastructure, community assets and services in a nationally consistent, best practice manner.

The NAMS.AU Supporter Program collaborates with asset management industry organisations interested in supporting IPWEA’s work to further advance the asset management industry. Consultant supporters openly share intellectual property and asset management knowledge for the common good.

The NAMS.AU Consultant Supporter Group also acts as a Technical Advisory Group on all asset management issues and to make recommendations to the NAMS Council. The NAMS Council evaluates all recommendations and makes final recommendations to the IPWEA Board for adoption.

Assetic began its relationship with the NAMS.AU program at the May 2018 Consultants Roundtable event, attended by
Director Asset Management – Product & Consulting, Tony Blefari. Other Supporter organisations included Aecom, Aurecon, Cardno, Morrison Low, Opus, SPM, Tech1, CT Management and NATSPEC. These full-day sessions are held the day prior to the NAMS Council meetings in order to provide input to the Council when developing the overall NAMS Strategy.

“It is a privilege to be part of the CRT working with IPWEA and the NAMS Council to better understand and provide input into the AM issues facing the wider public works sector. The Program is a great opportunity to share our asset management knowledge and observations for the betterment of the industry overall and to achieve meaningful inter-generational benefits.”

At the May 2018 CRT event, there were discussions around the updates that are occurring to ISO55002 and the ways that ISO is looking to address AM and financial management linkages. A highlight outcome recognised that both the Consultant Supporters and NAMS Council members should be involved in the peer review process of the IFMM, which is the International version of the Infrastructure Financial Management Manual (IIFMM) based on the AIFMM, to be released later in 2018.