Asset Management Policy - Infrastructure Planning And Delivery
AssetManagementPolicy
CEO’s forewordThe Victorian Health and Human Services Building Authority is committed to ensuringthat the physical structures that underpin the Victorian health system enable everyVictorian to access safe health care, when they need it, and that our health facilitiesand equipment, support our health care workers to do their jobs.We will achieve this through clear asset leadership and strong partnerships with ourhealth service providers and industry partners, through a mix of legislative, communityeducation and targeted programs.Alongside the Statewide design, service and infrastructure plan for Victoria’s healthsystem 2017-2037, we will provide the systems and frameworks to ensure that weplan for the future, the timely renewal of our asset portfolio and the efficientmanagement of the existing asset base, to ensure we realise the full value of ourinvestment on behalf of all Victorians.Robert Fiske‘The building blocks alone do not constitutea system, any more than a pile of bricksconstitutes a functional building. It is themultiple relationships and interactions amongthe blocks – how one affects and influences theothers and is in turn, affected by them – thatconverts these blocks into a system.’Source: de Savigny & Taghreed 2009Page 2Asset Management Policy
1. PurposeThe purpose of the Asset Management Policy is to set the direction of thestatewide asset management approach for the Victorian health portfolio.2. VisionTo harness the current and future potential of our assets, making them accessibleto all and providing leadership on sustainability to deliver public services thatmeet the needs of Victoria’s growing population.3. ScopeThe policy applies to all Department of Health and Human Services employeesand health service providers in the management of publically funded health sectorassets.Health service providers comprise corporate bodies established under thefollowing Victorian legislation: Secretary to the Department of Health and Human Services established underthe Public Health and Wellbeing Act 2008 public entities established under the Health Services Act 1988 Ambulance Victoria established under the Ambulance Services Act 1986 Forensicare (Victorian Institute of Forensic Mental Health) established underthe Mental Health Act 2014.4. Policy statementIn the stewardship of health sector infrastructure, the Chief Executive Officer ofthe Victorian Health and Human Services Building Authority, on behalf of theDepartment of Health and Human Services, is committed to: appropriately planning and delivering infrastructure investmentinnovative and efficient service delivery solutions to meet clinical needsadopting a whole of life approach to sustainably manage the asset baseintegrating risk management principles and practices into decision-makingprocesses at all stages in the asset management lifecycle developing asset management capabilities and competency across the healthportfolio compliance with the legislative and policy requirements.Asset Management PolicyPage 3
5. PrinciplesThe key principles that underpin the management of the health asset portfolio are:Deliver better, safer careDevelop and maintain an asset base that is capable of meeting clinicalservice standards now and into the future, providing the right assets atthe right time through leadership, asset utilisation and performance,risk, commercial approaches and innovative funding models.SustainabilityDeliver an environmentally sustainable health network that ensureslong-term benefits are not sacrificed for short-term needs, reducesenvironmental impact and provides improved social outcomes.Whole of lifecyclePlanning and management considers all costs incurred throughout thelifecycle of the asset, balancing costs, opportunities and risks againstperformance of the asset to achieve government objectives.Collaboration and cooperationWork together to create a holistic and integrated health networkunderpinned by clearer roles, networks and communities of practice.Planning for the futureBuild a pipeline of renewal projects that prioritises investment, takinginto consideration the Statewide design, service and infrastructure planas well as other government policy and planning frameworks.Continuous improvementThe Asset Management Policy, principles and strategies sits within aconstantly changing environment and will be continuously reviewedand improved to optimise asset performance.6. Regulatory contextThe policy operates in accordance with the following regulations: Asset Management Accountability Framework 2016Financial Management Act 1994Health Services Act 1988Aged Care Act 1997Building Regulations 2018Victorian Health Policy and Funding GuidelinesVictorian Government Landholding Policy and Guidelines 2017.7. Supporting and related documentsThis policy is to be supported by the Strategic Asset Management Plan.Page 4Asset Management Policy
8. Version controlVersionIssue date1.0Authorised byNext reviewRobert Fiske – Chief Executive Officer2020To receive this publication in an accessible format email the Asset Managementteam assetmanagement@dhhs.vic.gov.au Authorised and published by the Victorian Health and Human Services Building Authority State of Victoria, October 2018Available at cyAsset Management PolicyPage 5
50 Lonsdale StreetMelbourne 3000VIC AustraliaGPO Box 4057Melbourne 3001VIC vhhsba
as well as other government policy and planning frameworks. Continuous improvement The Asset Management Policy, principles and strategies sits within a constantly changing environment and will be continuously reviewed and improved to optimise asset performance. 6. Regulatory context The policy operates in accordance with the following regulations: Asset Management Accountability Framework .
asset management (AM) building blocks that underpin a well-governed asset management system: An asset management policy An asset management strategy, including a framework An asset management governance structure These AM building blocks help strengthen infrastructure planning and
Management Structure of NBF NBF's asset management is entrusted to the asset management company. The asset management company conducts asset management of NBF based on the Asset Management Entrustment Agreement concluded with NBF. (i) Organizational Structure for Operation of Duties of the Asset Management Company
International Infrastructure Management Manual. The Asset Management Plan is to be read with Council’s Asset Management Policy, Asset Management Strategy and the following associated planning documents: Glamorgan Spring Bay Council Strategic Plan 2012 - 2020 The infrastructure assets covered by this asset management plan are shown in Table 2.1.
Once printed this document is considered an uncontrolled version. For the official, current version refer to the UC Policy Library. Figure 2: Asset Management Planning integrated into the University's Planning Framework Asset Management Policy University Vision Asset Management Strategies Asset Management Plans 5-30 years (Buildings .
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Keywords: Infrastructure, asset management, strategic, performance 1. Introduction Infrastructure asset management (IAM) has emerged as a discipline to provide a more systematic approach to the management of infrastructure assets. The benefits of an improved asset management process envisaged by IPWEA [1] are enhanced customer satisfaction,
international best practice (specifically the ISO 55000 series of international asset management standards and the International Infrastructure Management Manual). State Road Authority Asset Management Policy It is the policy of the State road authority that its asset management system will deliver the following outcomes:
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