Integrated Planning and Reporting Manual - Division of Local ...

3. THE RESOURCING STRATEGY
Condition as it relates to both structural and functional adequacy should be assessed. For large
bridge structures, it may be necessary to divide the structure into sections for assessment,
especially if the design type, type of condition, or the structure varies along its length.
Urban stormwater drainage
The urban stormwater drainage network will need to be carefully surveyed to ascertain its condition
levels. Due to the nature of the main underground drainage network commonly in place in urban
areas, it is likely that any one of the five condition levels recommended may apply. However, without
substantial effort being put into a survey of underground drains, it may be difficult to ascertain which
condition level is appropriate.
For drainage assets other than underground drains, condition should be readily assessed from
visual inspection.
Risk assessment and management
Every council is exposed to considerable political, managerial and financial risks due to their scale
of investment in infrastructure assets. The type of risk events that might impact on assets include:
natural events, for example, bushfires
external impacts, for example, power supply failures
operational and physical failure risks.
Through effective asset management planning, a council is better able to manage these risks,
sustain business continuity and obtain better value for money in the delivery of services to the
community.
A council’s Asset Management Plan should therefore incorporate an assessment of the risks
associated with the assets involved and the identification of strategies for the management of those
risks. The strategies should be consistent with the overall risk policy of Council. The International
and Australian Standard AS/NZS/ISO/31000:2009 – Risk management – Principles and guidelines
provides a useful guide.
Lifecycle costs
Costs occur in all phases of an asset’s life. It is important to attribute the costs to each phase of an
asset’s lifecycle so that the total lifecycle costs can be determined to enable better management
decision-making.
There are four key phases of the asset management lifecycle of a council’s assets, namely:
acquisition, operation and maintenance, renewal, and disposal.
Acquisition
Operation and
maintenance
Disposal
Renewal
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