Course Outline
Download Full Course Outline (PDF)Who should Attend?
This course is suited to a variety of council officers including roles with the engineering, finance, technical officers, supervisors and managers and Elected Members keen to gain an understanding of managing council assets.
Learning Outcomes
Asset Management Fundamentals is a one-day training course designed to provide participants with a broad understanding of how their organisations can benefit from optimal local government asset management systems. Participants will learn about Asset Management models and good asset management processes.
In a recent QAO news article and Auditor’s Report, over the past five years, around $1.3 billion worth of Queensland councils’ “found assets” were uncovered and only 9.6 percent of Queensland councils met the minimum international standards of asset management.
Ref: Performance Audit Report, 25 July 2023
Short Course details
| Short Course Topics |
|---|
| What is an asset? |
| Overview of asset management |
| legislative requirements |
| Data requirements |
| Risk appetites |
| Levels of service |
| Growth/demand and capital works prioritisation (BCR, MCA and alternatives) |
| Maintenance optimisation and balance (planned vs reactive) |
| Renewal programs and modelling |
| Budget development (vice financial forecasts) |
| Relation to long term financial plans |
| Sustainability assessment |
| Summary and options |
| Delivery |
| Our instructor-led training course provides participants with an interactive session including group discussions, case study reviews and Question and Answer sessions. Our trainers can customise or tailor the course to your specifications or needs and deliver in-house providing you with a cost-effective and efficient training session. |
| Duration & location |
| Peak Services delivers Virtual or Instructor-led training workshops inhouse at your venue. |
| Fees & Inclusions |
| Please contact Peak Services for course fees or a proposal for onsite/in-house training. |
The Trainer
As a Company Director and Adjunct Associate Professor, John Sing has several years’ experience in both industry and academia.
John has worked for over 6 years as Chief Financial Officer within the Queensland Public Sector where he was responsible for leading and implementing the Government’s financial and economic reform agenda.
John is Peak’s Senior Expert Consultant focussing on a number of areas including Project Management, Financial literacy, and Asset Management or related programs.