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Strategic Asset Management (SAM)

CONNECT - Message from the Chief Executive

In 2014, the International Standards Organization (ISO) released its first series of asset management standards, the ISO 55000 suite of documents. Its publication provides an international consistent language and understanding of asset management.  These standards were adopted by Standards Australia.

AS ISO 55000 defines asset management as the ‘coordinated activity of an organisation to realise value from assets’ and an asset management system as the ‘set of interrelated or interacting elements of an organisation to establish policies and objectives and processes to achieve those objectives’.

Across our government agencies, Strategic Asset Management is at varying levels of maturity. If you are developing, refining or reviewing your asset management systems this section will assist in providing agencies with information, template documents and guidance on how you might improve your own asset management system.

The Strategic Asset Management Framework (SAMF) is intended to act as a guide for managing South Australian government buildings.  It can be used as a reference for agencies who wish to develop asset management practices to support them in managing assets appropriately, efficiently and effectively.

The AGFMA section provides an advisory service to across government agencies on asset planning systems and frameworks. Including:

  • Provide whole of government strategic building asset management policy and advice to enhance the performance and management of public sector building assets.
  • Provide appropriate leadership, executive support and high level policy advice and direction to nominated Government Committees and working groups.
  • Contribute to development of public sector asset management improvement by organising and contributing to across government asset manager forums, seminars, workshops and similar training opportunities.
  • Provide guidance on asset management policy and information analysis to provide evidence based strategic advice.

Framework, Policies & Guidelines

This section includes information on best practice asset management policy, strategy, frameworks and plans for use across government using industry practices. Over time, documentation in this section will reference contemporary practice standards such as the ISO 55000 Asset Management Suite of Standards.

For further information please view the Strategic Asset Management Framework section.

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Ecologically Sustainable Development (ESD)

The concept of Ecologically Sustainable Development (ESD) has been recognised for many years. The Australia's National Strategy for Ecologically Sustainable Development (1992) defines ecologically sustainable development as:

'using, conserving and enhancing the community's resources so that ecological processes, on which life depends, are maintained, and the total quality of life, now and in the future, can be increased.

Put more simply, ESD is development which aims to meet the needs of Australians today, while conserving our ecosystems for the benefit of future generations’.

ESD requires the effective integration of economic, environmental, social and equity considerations in decision-making processes. ESD aims to provide for the needs of present generations without compromising the ability of future generations to meet their own needs.

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