1. What is the State of Asset Management?
Canadian Network of Asset Managers
Ontario Asset Management Working Group
September 27, 2016

2. Introduction City of Brampton- Facts City of Brampton’s CAM Vision
Corporate Asset Management Office
ISO55000
State of Asset Management Methodology
Next Steps- Journey of CAM 2

3. City of Brampton

4. Mobilizing Stakeholders AM Policies & Strategies
Brampton CAM- Goals
AM Plan
AM Roadmap
State of AM
City-wide
Mobilizing Stakeholders
AM Network
CAM Program
AM Governance
AM Policies & Strategies

5. Vision Providing sustainable service to our customers
Minimizing asset lifecycle costs
Balancing risks with levels of service
The CAM program is the method by which the City will:
Ensure sound stewardship of public assets
Meet its customer service commitments to present and future citizens in the most effective and efficient manner
At the core, the CAM program focuses everyone in our organization on fundamental goals such as:

6. Focus
Coordinated activity of an organization to realize value from its assets
Source: ISO 55000
Source: Sustainble Asset Management, R. Lutchman, 2006
Asset Management Ensures the Right Balance of : Strategy, Assets (Physical & Technology), People and Business Processes to Deliver Established Levels of Service through an optimized risk based decision making approach.
LAVINA- Please modify the diagram

7. ISO 55000 New Global Standard for Asset Management
Value
Does not focus on the asset itself but on the value that the asset can provide to the organization
Alignment
Asset management decisions (technical, financial and operational) collectively enable the achievement of organizational objectives
Leadership
Leadership and commitment from all managerial levels is essential for successfully establishing, operating and improving asset management within the organization
Assurance
Assurance that assets will fulfill their required purpose via effective governance
Source: CH2M

8. Institute of Asset Management - ISO 55000

9. Asset Management Initiative
December 3, 2010
Current Situation
Vision for the Future
Presentation to EPC planning 9

10. Key Building Blocks – Asset Management Program
Corporate Asset Management Plan
Departmental
Asset Management Plans
Organizational
Strategic
Plan
Asset
Management
Policy
Sets out the vision, mission and high level goals and business objectives for the organization
Articulates senior management commitment to Asset Management and Continual Improvement
Provides “top down” direction regarding expectations and mandatory requirements for Asset Management and defines the key principles that underpin Asset Management within the Utility.
Sets out overall approach to implementing Policy
Sets out how the organizational objectives relate to asset management objectives and how the management system will implement the AM Policy
Outlines long term plan for the assets including service expectations, timelines and funding, and resource requirements
Sets out the specific lifecycle activities to deliver the AM objectives
Source: CH2M

11. Elements of CAM Roadmap
Strategy & Planning
AM Decision Making
Lifecycle Delivery
Asset Information
Organization & People
Risk & Review

12. Current Regulatory Drivers
Federal Gas Tax Funding Requirements – CAMP (Deadline 2016)

13. Developing the Optimum Capital Program
Total Benefits
Per Project
Cost-Benefit Ratio
Best Value
Capital Program
Total Benefits
Per $ spent
Source: CH2M

14. Minimizing cost of ownership and averting financial crises
Major
Financial
Crisis Point
Minor
Capital Needs - $
Balanced Approach= Levels of Service & Risk Prioritization
Time - years
Source: CH2M

15. CAMP feeds into Long-Term Financial Plan
What is the Long-Term Financial Plan (LTFP)?
Software based financial model (Riva FP)
Designed for sensitivity testing and continual updating
Written report that assesses the City’s financial condition and polices
CAMP Integration
Capital replacement component of LTFP will be based on CAMP
CAMP will inform capital forecast that will be used in subsequent LTFP updates

16. Long Term Financial Plan and CAMP
LTFP Capital
CAMP Capital
Considers many plans and polices besides replacement capital
One of key inputs that feed into LTFP
Considers initial round capital (DC) projects and repair and replacement projects
Emphasis is on the repair and replacement of existing and new infrastructure
Replacement requirements provided at the service area level
Detailed project by project exercise
Process and policy issues to be considered are flexible based on
City priorities
More formalized process consistent
with ISO and AMO requirements
To be continually updated
Includes a Financing Strategy
Feeds into Capital (and operating) Budget

17. Long-Term Financial Plan Considerations
Council Goals and Objectives
Asset Management Plans
Capital and Operating Budgets
Service Delivery Reviews
Master Plans
Development Forecasts

18. Leadership CAM Means Change…. and people generally resist change…
…until the vision is so compelling that people want to go to the “new place,” or until the pain of staying the same exceeds the pain of change

19. ISO 55001 – Alignment of Questions

20. State of Asset Management (SAM)

21. Questions? Vanessa Chau Manager, Corporate Asset Management Corporate Services T: