Asset Management
Explore our range of services designed to help you move forward with confidence, wherever you're headed.
Our Scope
The world is becoming complex and with compliance one of the most important elements keeping executives awake at night it’s important to get it right. But doing so does not have to be made difficult. The key for us, when project managing your assets, is building the team of specialists to deliver you the peace of mind you’re looking for at a price you can afford.
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Flexible, intuitive, friendly and unwavering is our approach. The key to quality project management outcomes is to firstly appreciate it takes a team to deliver quality outcomes. We build and manage that team for you. And when we do it: it works exceptionally well.
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Cyclical maintenance is without question, the most fundemental element nearly every client fails to appreciate - prior to us getting involved. CFOs don’t appreciate cyclical maintenance often referring to it as a waste of money. Until we point out a $500 spent every quarter coudl save you $50K in CAPEX expenditure when something breaks + loss of business, interruption to service delivery etc. We don’t overkill cyclical maintenance, but it the asset requires maintenance we ensure it happens. it really just comes down to being a. sensible and b. proactive.
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One of the challenges of not project managing your assets and developing synergies between your on-site contractors, is that you don’t effectively plan asset upgrades. This can lead to contractors being selfish and costing you serious money. They’ll sell you an asset or upgrade, even if now is not the right time. That’s why we master plan and scope asset upgrades.
As an example, we recently put a stop to a major kitchen upgrade in a residential aged care facility. The vendor wanted to sell $110K worth of new fryers, blast chillers and ovens, without any consideration given to the capacity of an already over-loaded and outdated kitchen switchboard. In fact the switchboard RCDs were subject to a national safety recall from ten years ago and nine separate circuits were ‘quicklags’ thereby providing zero RCD protection to staff. We said NO to the new items until we calculated sub-main load and prepared - free of charge - quotes and drawings for a new switchboard.
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If you don’t manage assets how do you know if contractors are delivering the best product at a competitive price? We recently ripped up a contract for a aged care client when we found they were being significantly over charged on the installation of new split cycle airconditioners in residents rooms. They also convinced the aged care facility to undertake a monthly ‘maintenance’ program which was costing tens of thousands of dollars annually. The program was unnecessary. You don’t need external contractos on $120 p/hr to clean filters. Maintenace staff did this as part of their daily maintenance program. Moreover, we reduced the cost per airconditioner from $3,100 to $1,800 with a better product.
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A number of our clients struggle to keep a comprehensive asset registry. We do this for you either directly or through specialist partners.
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The most critical element when we manage your assets or deliver projects for you is COMMUNICATION. As a result we only engaged contractors who are engaged and committed to communication. Why? A simple misunderstanding can put lives at risk.
Our Process
Plan with Purpose
We sit down with you map out and categorise key assets. Ideally we work on the most important assets first - fire, electrical infrastructure - and plan the process.
Collaborate Openly
With critical components we need to collaborate with quality experts to deliver for our clients. This means working with engineers and the Department of Fire and Emergency Services.
Delivering Certainty
Managing your assets is not dissimilar to the Project Management (PM) cycle. We can’t effectively deliver any project without external experts - no project manager can. That’s why when you engage us to manage your assets we manage the entire process.
Asset Registry.
Case Study
We recent attended an aged care facility to address an electrical issue, only to find the switchboard feeding the main commercial kitchen had electrical components subject to a national safety recall.
We also found the switchboard had an additional 11 circuits with zero RCD protection. At the time of install - nearly 20 years ago - the switchboard was compliant. However, a lack of asset management meant staff were now genuinely exposed to risk. We ordered new RCDs from the manufacturer via the national recall - for free. We then engaged a contractor to replace the quicklags with modern RCD breakers.
We are now developing their asset registry, itemising all switchboards on site, implementing a six-monthly inspection program, placing approved signs on all switchboard doors and adding each item to their asset registry.
Where to start
We appreciate that most of our clients are focussing on delivering or growing their business, so keeping an up-to-date asset registry isn’t always a priority. This is especially the case with high-end critical infrastructure. For example, your CFO may have almost no knowledge of how fire boosters work, let alone how many you have and how often they need to be inspected.
Either way there are some really important lessons, advice and support we can give you. These include:
We argue that there is a massive difference between how many printers you hold in offices, to what constitutes a critical asset.
As a result, our focus is on critical assets that potentially present a risk to you or your business - external clients, internal residents etc - if they fail.
Developing an asset registry DOES NOT need to be complex. In fact, quantifying how many switch / distribution boards you have on-site, should take no longer than a single day.
Once we quantify what you have, we then assess things like:
Age of the asset, who installed it and the brand
It’s capacity
Compliance and risk profile
Replacement value v need for ongoing maintenance etc.
Our Projects
Manufacturing - Split Fin
We delivered for the largest independent flat glass manufacturer in Western Australian by Chairing the Project Control Group for the implementation of the LiSEC Split Fin - glass cutting machine.
Aged Care - Electrical
We redesigned outdated switchboards in a residential aged care facility to support major upgrades to their main kitchen.
This required master planning future developments to ensure electrical feeds met main kitchen needs both now and into the future. Safety was the main driver coupled with the implementation of a six-monthly testing regime across the aged care facility.
Education - Civil
Our CEO was engaged to take over an architectural design and project management division and delivered over $50M worth of projects to the New Zealand education sector.
Marine
We were engaged to deliver $5M worth of upgrades to a commercial marina and delivered every project on time and on budget.
The contract meant working with hundreds of contractors across two hard stands - 65t and 200t lifting capacity - and the largest commercial sheds in the State.
Project managing assets, CAPEX, maintenance, refurbs etc does not need to be complex. You just need the right people doing it.
Aged Care - Fire
Scoped, appointed and project managed fire engineers to take over all fire infrastructure for a leading residential aged care facility.
The cost to the client was $7,500 per annum to deliver monthly maintenance and testing. Add to this training of clinical staff and the redesign of emergency management processes and facility maps to marry with the main fire control panel matrix.
Private Equity - Electrical
Our CEO project managed millions of dollars of infrastructure upgrades for one of Australia’s most respected private equity companies. This also entailed installing a brand new 1000 KvA transformer and associated civil, sub-mains and switchboard infrastructure.
Let’s Work Together
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