Preparing and Updating Asset Management Plans

Time: 9:30am to 12:30pm

Delivery Options: face to face and webinar

For: For CEOs, Asset Managers and Senior Finance Officers responsible for suggesting proposed framework, structure and constraints for, and content of, their Council's Infrastructure and Asset Management Plans.
This course has been developed to assist participants to reflect on experiences in preparing initial Infrastructure and Asset Management Plans and undertake future updates. It focuses on practical tips and traps based on Councils experiences in preparing useful and legislatively compliant plans. Its aim is to provide guidance on the development of practical framework strategies that have regard to source and data constraints to assist with asset management planning decisions.

The course will provide participants with an understanding of:
- How to determine affordable service standards relevant to particular local circumstances
- The need to base asset maintenance and renewal intervention points on minimising whole of life net economic costs and affordable service levels
- How to manage mismatches between cash flow availability and cash flow need
- The relevance or not of recorded depreciation for asset management planning
- How to resolve conflicts between asset management planning projected needs and long-term financial planning constraints.

Please note: if you attend the afternoon session Preparing and Updating Long-Term Financial Plans  you will receive the training at a full day rate of $430 + GST for both courses.

Rex Mooney is a Local Government Finance Specialist. He is a Chartered Accountant with over 30 years of experience in the not for profit sector, the last thirteen being spent in the Local Government Sector.
Rex has undertaken numerous projects across many SA & NT based Councils specialising in asset management planning, long-term financial planning, annual business planning & annual budgeting, annual financial statement preparation, budget reviews, financial performance reports, special purpose reporting, Audit Committee membership and management, economic modelling.