REGIONAL COORDINATION MEETINGNORTHERN PLANNING UNIT

11th March 2014

Operation

Planning

IWK ASSET MANAGEMENT SYSTEM

LINE OF SIGHT

Organisational Strategic Plan

Company goals to meet

legal and stakeholders expectation

Asset Management

Policy

Broad statements in

line with Corporate Strategic

Goals

Asset Management

Strategy

Methods by which the Policy will be pursued

Asset Management

Objectives

Measurable Targets on continual

improvement basis

Asset Management

Plans

Detailed plans to achieve Objectives.

As a guide for managing the business of all UOs, including goal setting, identifying the most suitable O&M strategies, risk mitigation, basis

of budgeting and to provide a transparent document to the

Management.

ENABLERS & CONTROLS !Structure Authority & Responsibility Steering Committee & Risk Committee!

Training Awareness & Competence Competency Matrix!Communication Asset Management Bulletin, Change Management- visiting Unit Oces.!

Information Management - IFS, LMS, COEDS,BRAINS, IGIS.!Risk Management Framework and System!

Legal - Regulation Register!Management of Change Driven by AMU together with Steering Committee

RESOURCES & BUDGET

(AMP) line of sight

123

COST

PERFORMANCE

RISK

ASSET MANAGEMENT

OBJECTIVE

OPERATIONAL STRATEGIES

RISK MANAGEMENT

123

CHAPTER 4,5

AMP FY2015 ROADMAP2014

2015

JANUARY

MARCH

MAY

JULY

SEPTEMBER

NOVEMBER

FEBRUARY

APRIL

JUNE

END of AUGUST

END of OCTOBERDECEMBER

AMP WORKSHOP

REGIONAL COORDINATION

MEETINGUNIT COORDINATION

MEETING

CHAPTER 1,2,3

FULL REPORT

PRC Meeting

Max-I Plan Approved Budget

IMPROVEMENT PLAN

QUALITY

AMP2015Preliminaries

* Understand & Educating the purpose * Chapter 5 - Budget Requisition

* AMP Budget Codes * Item identification

* Roles & Function - OPS & RPU * OPS Focal Person * KPI

ARMS

* Mitigation cost * Interface * Connection * Risk Identification SOP * Training - Risk Owner & Risk Manager

Max-I Plan

* AMP Codes * Entry Format Standardisation * Communication - OPS & RPU * Focal Person

Q & A SESSION

THANK YOU