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11:40

12:15

March 20, 2024

Importance of Asset & Engineering Management in Metronet Projects

Perspective
Maintenance Stage

Alignment between asset and engineering management is crucial for successfully developing, operating, and maintaining infrastructure assets. These two area shave different but complementary roles in ensuring that assets are designed, constructed, and operated effectively and efficiently. We identify significant process gaps due to completing project priorities vs maintenance, which leads to a high level of network disruption and risk to asset operation.

Project delivery with asset management issues can lead to entry into service delays, operational challenges, increased costs, and potential risks. Common problems include incomplete asset information, poor integration between project and asset teams, inadequate documentation and handover, poor system assurance, budget constraints, insufficient training, project delays.

To protect the above challenges, a proactive, standardised, and integrated engineering management plan with clear safety critical milestones includes all deliverables of asset readiness as per the best practices of asset management and the obligation of Railway National Safety Law (RNSL 2015).

PTA has an engineering management strategy (EMS) defining the PTA asset life cycle model, including EM4P – Engineering Management for Projects and EM4M – Engineering Management for Maintenance as an engineering governance & assurance process for PTA for delivering safe, reliable, predicted assets life cycle. EM4Pis driving the Metronet project engineering assurance activities and provides authorities with enough confidence to make the right informed decisions for asset readiness and start revenue services. 

In this session we will focus on;

  • Project Priorities vs Maintenance Obligation
  • Integration with Organisational Cultural Change
  • Balance between risk and performance of operating assets concerning brownfield projects
  • Restructuring the Asset and Engineering Management processes
  • Improved the integration between the different projects and asset owners
  • Improved he project and maintenance planning to optimise asset maintenance
Topics:

Aligning Asset Strategy with Enterprise Strategy

Speakers

Anshul Bajpai
Anshul Bajpai

Engineering & Asset Management Manager

Public Transport Authority of WA

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