Asset Management
NRW Specialists provides asset management services appropriate to the organisational needs and regulatory compliance targets. Asset management services cover a wide spectrum and scope and cross over both capital works planning activities and operations and maintenance functions. Asset management services assist the Client in the optimisation of the use of its assets from procurement through to disposal with targeted capital investment to minimise life cycle costs of the assets.
Relevant services include:
- the development of asset registers to record the location and details of infrastructure assets;
- asset valuation;
- condition assessments;
- evaluation of asset performance; and
- asset optimisation
The adoption of enhanced asset management practices enables Clients to derive benefits across many areas including enhanced Operation and Maintenance, Management Information for decision making, Developing Capital Asset Renewals Program based on asset replacement profiles and improvements in operational efficiency.