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Pacific Asset Management
Infrastructure Asset Management
Making Everything as Simple as Possible
Ross Waugh
Director
Waugh Infrastructure Management
Pacific Water Conference,
PNG, September 2015
Question?
Are we making infrastructure asset management too
complicated?
IAM - Making Everything as Simple as Possible
Many different resources available now
IAM has moved from an ‘art’ to a ‘science’ in the past decade
IAM - Making Everything as Simple as Possible
Engineer’s like complexity – why?
IAM - Making Everything as Simple as Possible
By adding layer upon layer of complexity, we run the risk of turning
infrastructure asset management into a ‘black box’ that no one else can
understand.
“Trust me I know what I am doing” is not accepted by society, especially when
accompanied by requests for billions of dollars of public funds
IAM - Making Everything as Simple as Possible
Albert Einstein:
“Keep everything as simple as possible, but not simpler”
IAM - Making Everything as Simple as Possible
Steve Jobs: “Simple can be harder than complex”
IAM - Making Everything as Simple as Possible
To simplify, you must have a full understanding and
mastery of the subject or topic
Albert Einstein and Steve Jobs recognised this and
made their challenges
Simplifying is much more of a professional
challenge that just adding complexity
IAM - Making Everything as Simple as Possible
An example of making things simple:
AkvoFlow – smartphone based field
surveys http://akvo.org
Originally developed for WASH
surveys, can be adapted easily to
other uses – Vanuatu cyclone
damage reports
IAM - Making Everything as Simple as Possible
Simple IAM Diagram
IAM - Making Everything as Simple as Possible
LEVELS OF SERVICE
FUTURE DEMAND
RISK
LIFECYCLE MANAGEMENT
- Operational
- Maintenance
- Renewals
- New Capital
- Disposal
OPTIMISATION
FINANCIALS
Expenditure
- Operations & Maintenance
- Renewals
- Capital
[Depreciation]
Revenue
- Fees, Charges, Tariffs
- Loans
- Grants/Funding
- Bonds
Simple IAM Diagram
IAM - Making Everything as Simple as Possible
LEVELS OF SERVICE
FUTURE DEMAND
RISK
LIFECYCLE MANAGEMENT
- Operational
- Maintenance
- Renewals
- New Capital
- Disposal
OPTIMISATION
FINANCIALS
Expenditure
- Operations & Maintenance
- Renewals
- Capital
[Depreciation]
Revenue
- Fees, Charges, Tariffs
- Loans
- Grants/Funding
- Bonds
GAP
GAP
GAP
Simple IAM Diagram
IAM - Making Everything as Simple as Possible
LEVELS OF SERVICE
FUTURE DEMAND
RISK
LIFECYCLE MANAGEMENT
- Operational
- Maintenance
- Renewals
- New Capital
- Disposal
OPTIMISATION
FINANCIALS
Expenditure
- Operations & Maintenance
- Renewals
- Capital
[Depreciation]
Revenue
- Fees, Charges, Tariffs
- Loans
- Grants/Funding
- Bonds
Practice & Maturity Diagram
IAM - Making Everything as Simple as Possible
ADVANCED
IAMPRACTICELEVEL
INTERMEDIATECOREMINIMUM
MATURE
ORGANISATIONAL AM MATURITY
INTERMEDIATECORE
Practice & Maturity Diagram
IAM - Making Everything as Simple as Possible
ADVANCED
IAMPRACTICELEVEL
INTERMEDIATECOREMINIMUM
MATURE
ORGANISATIONAL AM MATURITY
INTERMEDIATECORE
Practice & Maturity Diagram
IAM - Making Everything as Simple as Possible
ADVANCED
IAMPRACTICELEVEL
INTERMEDIATECOREMINIMUM
MATURE
ORGANISATIONAL AM MATURITY
INTERMEDIATECORE
Saw Tooth Diagram
IAM - Making Everything as Simple as Possible
ORGANISATIONPRACTICE/MATURITY
ADVANCEDINTERMEDIATE
TIME (YRS)
CORE
Kevin Brady, NZ Auditor General:
‘Make sure you have the ‘right debate’, June 2007
Communication of infrastructure asset management issues, choices and costs
still key:
- communication to Communities, Governance, Management
8 years after this challenge by the Auditor General –
NZ are doing better, and communicating issues with
greater clarity. There is still a lot of room for
improvement
IAM - Making Everything as Simple as Possible
Challenges from this paper:
• Make it simple
• Get your thinking clean
• Apply this to your work, and
• Communicate clearly
IAM - Making Everything as Simple as Possible
Questions?
IAM - Making Everything as Simple as Possible

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Pacific Asset Management - Making Everything as Simple as Possible

  • 1. Pacific Asset Management Infrastructure Asset Management Making Everything as Simple as Possible
  • 2. Ross Waugh Director Waugh Infrastructure Management Pacific Water Conference, PNG, September 2015
  • 3. Question? Are we making infrastructure asset management too complicated? IAM - Making Everything as Simple as Possible
  • 4. Many different resources available now IAM has moved from an ‘art’ to a ‘science’ in the past decade IAM - Making Everything as Simple as Possible
  • 5. Engineer’s like complexity – why? IAM - Making Everything as Simple as Possible
  • 6. By adding layer upon layer of complexity, we run the risk of turning infrastructure asset management into a ‘black box’ that no one else can understand. “Trust me I know what I am doing” is not accepted by society, especially when accompanied by requests for billions of dollars of public funds IAM - Making Everything as Simple as Possible
  • 7. Albert Einstein: “Keep everything as simple as possible, but not simpler” IAM - Making Everything as Simple as Possible
  • 8. Steve Jobs: “Simple can be harder than complex” IAM - Making Everything as Simple as Possible
  • 9. To simplify, you must have a full understanding and mastery of the subject or topic Albert Einstein and Steve Jobs recognised this and made their challenges Simplifying is much more of a professional challenge that just adding complexity IAM - Making Everything as Simple as Possible
  • 10. An example of making things simple: AkvoFlow – smartphone based field surveys http://akvo.org Originally developed for WASH surveys, can be adapted easily to other uses – Vanuatu cyclone damage reports IAM - Making Everything as Simple as Possible
  • 11. Simple IAM Diagram IAM - Making Everything as Simple as Possible LEVELS OF SERVICE FUTURE DEMAND RISK LIFECYCLE MANAGEMENT - Operational - Maintenance - Renewals - New Capital - Disposal OPTIMISATION FINANCIALS Expenditure - Operations & Maintenance - Renewals - Capital [Depreciation] Revenue - Fees, Charges, Tariffs - Loans - Grants/Funding - Bonds
  • 12. Simple IAM Diagram IAM - Making Everything as Simple as Possible LEVELS OF SERVICE FUTURE DEMAND RISK LIFECYCLE MANAGEMENT - Operational - Maintenance - Renewals - New Capital - Disposal OPTIMISATION FINANCIALS Expenditure - Operations & Maintenance - Renewals - Capital [Depreciation] Revenue - Fees, Charges, Tariffs - Loans - Grants/Funding - Bonds GAP GAP GAP
  • 13. Simple IAM Diagram IAM - Making Everything as Simple as Possible LEVELS OF SERVICE FUTURE DEMAND RISK LIFECYCLE MANAGEMENT - Operational - Maintenance - Renewals - New Capital - Disposal OPTIMISATION FINANCIALS Expenditure - Operations & Maintenance - Renewals - Capital [Depreciation] Revenue - Fees, Charges, Tariffs - Loans - Grants/Funding - Bonds
  • 14. Practice & Maturity Diagram IAM - Making Everything as Simple as Possible ADVANCED IAMPRACTICELEVEL INTERMEDIATECOREMINIMUM MATURE ORGANISATIONAL AM MATURITY INTERMEDIATECORE
  • 15. Practice & Maturity Diagram IAM - Making Everything as Simple as Possible ADVANCED IAMPRACTICELEVEL INTERMEDIATECOREMINIMUM MATURE ORGANISATIONAL AM MATURITY INTERMEDIATECORE
  • 16. Practice & Maturity Diagram IAM - Making Everything as Simple as Possible ADVANCED IAMPRACTICELEVEL INTERMEDIATECOREMINIMUM MATURE ORGANISATIONAL AM MATURITY INTERMEDIATECORE
  • 17. Saw Tooth Diagram IAM - Making Everything as Simple as Possible ORGANISATIONPRACTICE/MATURITY ADVANCEDINTERMEDIATE TIME (YRS) CORE
  • 18. Kevin Brady, NZ Auditor General: ‘Make sure you have the ‘right debate’, June 2007 Communication of infrastructure asset management issues, choices and costs still key: - communication to Communities, Governance, Management 8 years after this challenge by the Auditor General – NZ are doing better, and communicating issues with greater clarity. There is still a lot of room for improvement IAM - Making Everything as Simple as Possible
  • 19. Challenges from this paper: • Make it simple • Get your thinking clean • Apply this to your work, and • Communicate clearly IAM - Making Everything as Simple as Possible
  • 20. Questions? IAM - Making Everything as Simple as Possible