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Best practice asset management

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One of the three key areas of focus for the Road Efficiency Group is best practice asset management.  

A number of reviews, including the recent Road Maintenance Task Force, point to potential efficiency gains from sector-wide use of high-quality asset management advice and mechanisms for continuously improving practice.

While good guidance and practice exists in New Zealand, implementation is inconsistent and knowledge is not shared across the sector.

In order to harness and promote the existing body of good asset management practices, the Road Efficiency Group has established a dynamic representative working group, made up of representatives from eight road controlling authorities. Membership of the group will be cycled annually, with new members joining to replace outgoing members on an ongoing basis. They’re working collaboratively to identify and encourage best practice asset management planning among road controlling authorities.

The best practice asset management working group – our aim

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We'll look to identify, apply and refine existing asset management guidance and practices. This will lead to better overall performance by:

  • identifying existing best practices that should be taken up by industry

  • promoting adoption of these practices throughout the sector through sharing of case study learnings

  • highlighting gaps in best practice guidance to existing industry bodies.

Using existing guidance, member organisations will develop examples of best practice asset management plans (AMPs) and deliver these in a manner that fosters consistency of application across New Zealand. These AMPs will:

  • assist asset management planners operating in urban, provincial and rural environments

  • build on the best practice guidance currently provided by the industry ie RIMS, Austroads, NAMS

  • be demonstrated through asset management approaches and plans of organisations participating in this working group.

We'll identify and document examples of best practice in asset management plans. This will provide the sector with proven examples that road controlling authorities can have confidence in (these endorsed examples will deliver efficiency and performance improvements).

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