Telecommunications Provider - Systems Network Provider - Management Assignment Help

Assignment Task :

Background 

You are the corporate asset manager for a medium sized organisation, the primary purpose of which is to provide services or products to industrial and/or domestic consumers, you are responsible for managing a network of assets that enable it to deliver its services. The assets in the network are of various types, sizes, ages and condition. 

Some examples of such an organisation include, but are not limited to: 

• Water supply authority 

• Sewerage authority 

• Road network owner 

• Electricity supply company 

• Gas supply company 

• Telecommunications provider 

• Systems network provider 

• Power station owner 

• Product manufacturer. 

This organisation may be the same organisation as you used for Assignment 1, or may be a different organisation. 

While a real organisation is preferred, you may write your answer for a hypothetical organisation. You should indicate whether the organisation about which you are writing is real or hypothetical 

The organisation has an extensive asset network, including about 20 main assets, which are arranged in a hierarchy of at least three (3) levels. The organisation is committed to managing its asset management system in accordance with principles of the ISO AS 55001:2014 Asset management – Management systems – Requirements, and is committed to sustainable management principles, quality management and risk management. It is also committed to its stakeholders, to corporate social responsibility and to implementing modern technologies and practices for asset management wherever possible. 

As corporate asset manager, your task is to plan, develop, operate and maintain the organisation’s assets to achieve its corporate goals in a responsible and economic manner. The organisation is prepared to provide reasonable, but not unlimited, funding for this purpose. 

New technologies are available that are expected to assist you to minimise the cost of upgrading your asset, improve data collection and analysis, develop modern asset management systems, select the best type of maintenance and rehabilitation, and enable your organisation to take a leading position in the asset management field. 

In order to undertake your task, you are required to undertake the following activities: 

1. Describe your asset network, with a focus on its major assets

2. Discuss how your will manage this asset network for best life cycle outcomes

3. Evaluate alternative development and management options for assets in the network

4. Prioritise capital works to obtain the most economic efficient allocation of budget resources

5. Identify current and emerging innovations that you can apply to managing the asset network. 

Question 1 

Describe your Asset Network 

In approximately 1500 words, describe the asset network that you are managing. 

You should address, at a minimum, the following: 

• The dominant type of asset (for example, road, water supply, sewerage, building, electrical generation, electrical distribution, telecommunications). 

• The major stakeholders in the network, including their expectations. 

• Examples of the major assets in the network, including an example of the major asset hierarchy in the network. 

• The main objectives that you want to achieve for the asset network, including major five and ten year goals. 

• How you would achieve the best life cycle performance of the network. 

• Expected annual budget for developing and managing the asset network. 

• Any other relevant information. 

Question 2 

Discuss how you will manage this asset network for best life cycle outcomes 

Discuss, in approximately 2500 words, the methods that you would use to manage the asset network that you nave nominated for best life cycle value. 

Topics that you should consider in this section should include: 

• Your approach for best value strategic management of the network 

• The lifecycle (planning, design, construction or development, operation and maintenance, retirement) of at least one major asset 

• Meeting requirements of stakeholders 

• Managing asset demand 

• Your strategy for managing and maintaining the major assets in the network 

• Managing the asset network for best value over the next five year and ten year periods 

• The use of relevant standards in areas like asset management

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