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Asset management

Good asset management is essential in delivering a sustainable, efficient, and profitable business. Done well, it helps organizations make better decisions, improve cost controls, demonstrate regulatory compliance, build stakeholder trust, and manage risk.

Best practice asset management requires people, processes, and technology to work as one around common objectives. The key to success is making the connections that join everything together.

That is where our team of asset management specialists comes in, providing you with the clarity and focus required to meet fast-changing demands from customers and regulators as well as address external risks, such as climate change and cybersecurity.

They will help provide the foresight and control to enable you to take timely investment and maintenance decisions about your assets, so they are always in an appropriate condition and operate to the highest efficiency standards.

Asset management is a journey, with the benefits growing as your maturity develops. Our specialists have the skills to help you each step of the way. They are Institute of Asset Management accredited and can support you in developing better awareness of your strengths and weaknesses, help to create an improvement plan, build asset management capacity, and deliver business change.

Our approach helps infrastructure owners and operators achieve their strategic objectives by adding long-term value and optimizing performance.

We do this by combining our skills in infrastructure planning, engineering, smart infrastructure, facilities management, and asset optimization with our global experience in project management, partnering, supervising, funding, and finance. We understand how important people and processes are to efficient asset management and we support change initiatives and training or coaching to build capability.

Our approach rests on seven pillars, a step-by-step guide to asset management maturity that begins with building asset management principles into organizational design to form a capable organisation.

Other key enablers include adaptive resilience, the processes to assure your business against natural and man-made hazards, and smart infrastructure, bringing together all the digital information about your assets. A coherent strategy underpins each of these pillars. It sets the long-term direction for your organization and the outcomes you wish to achieve.

It also provides the framework for forward-looking integrated planning, which focuses on incorporating risk-based decisions to deliver objectives effectively and efficiently. This supports the targeted delivery of capital and operational interventions on an efficient whole-life cost basis so you can proactively manage performance to required levels.

Finally, continuous improvement enables you to benchmark and regularly review systems to maintain and raise the performance of your organization in delivering its goals. The aim is show how different aspects of your business can benefit from joined-up asset management, far beyond just maintenance planning.

We also develop costing tools and models to deal with different types of assets, from whole sites to mechanical equipment. Clients can use these for business planning and to help manage their ongoing business operations.

At whatever stage of your journey, we can support you in implementing smart asset management to create sustainable, resilient infrastructure in accordance with the new international standard ISO 55000. We're a connected, global business and our specialists, many of whom have worked in energy, transport, water, and other infrastructure companies, have access to leading-edge technical knowledge and skills to help you develop the best solutions tailored to your local needs.

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