Asset management


Kevin Renshaw (East Asia);
Trevor Sparkes (UK/Europe);
Stan Falconer (Middle East)

A robust understanding of an asset inventory and future needs, and the true implications of their investment requirements over time, is often a neglected aspect of business management. Efficient whole life costing and maintenance and investment planning can realise substantial financial and operational benefits. By carefully developing an asset management plan, which analyses the demands of each asset type, core costs can be fully understood.

Organisations which rely heavily on capital intensive investment in assets should have an asset management plan driving the allocation of resources. This strategy needs to be flexible and regularly updated to recognise changes to business objectives, asset condition and performance requirements.

Our past history, as part of a water utility, gives us a particular strength in this market but major projects are also being handled in the rail and defence sectors.