AMC announces winners of 2010 Asset Management Awards

RP news wires
Tags: maintenance and reliability

Increasing asset reliability and reducing operating costs to achieve business improvement was the recurring theme for participants throughout the 2010 Asset Management Awards process.

Organizations that are making a start in, and that are along the journey of, implementing good asset management practices were included as recipients of the Asset Management Awards. The Awards Dinner at Adelaide’s Hilton in Australia is held in conjunction with the ICOMS Asset Management Conference and attracted more than 200 of the industry’s leaders and practitioners in asset management and maintenance.

Chairman of the Awards Committee and MC for the Awards Dinner evening, Geoff Cannon says, “The Asset Management Awards offers organizations an opportunity to reflect on their asset management journey to date, and also consider their next steps toward achieving a continuously maturing approach to the management of its physical assets.”

This year’s round of entrants included:

  • Airservices Australia, Technology & Asset Services, Queensland
  • BHP Billiton Western Australia Iron Ore, RGP 4 Operational Readiness Project – NJV Hub, Western Australia
  • CS Energy Ltd, Queensland
  • Transfield Services (Australia) Pty Ltd – Power Generation Services, Starfish Hill Windfarm, South Australia

CS Energy Ltd received a Bronze Level of achievement, whilst Airservices Australia, BHP Billiton Western Australia Iron Ore and Transfield Services all received a Silver Level of achievement.

“To receive entries from not only all across Australia, but also from across the industries of mining, aviation, electricity and energy, is verification that asset management is becoming an integral component to effective business today,” Cannon said.

All recipients receive an onsite review by three experienced asset management assessors who then produce a detailed report on each participating organisation, outlining its strengths and opportunities, as measured against criteria that reflect the philosophy and models of the Asset Management Body of Knowledge. Congratulations to all Asset Management Awards recipients.

The Nominee Award, awarded to the participant organization that has achieved the highest score in the 2010 Asset Management Awards, was given to BHP Billiton Western Australia Iron Ore. BHP Billiton Western Australia Iron Ore is invited to become a finalist in the 2010 ‘Australian Engineering Excellence Award’ held by Engineers Australia in the Great Hall of the Australian Parliament House Canberra later this year.

Submissions to the 2011 Asset Management Awards will open shortly. Contact Kate Robertson, awards and communication coordinator, for more information at

The Asset Management Council is a non-profit organization that is committed to the promotion and education of optimal asset management practices in industrial, commercial, academic and government organizations. The Asset Management Council offers membership, courses, a body of knowledge, technical papers, presentations, forums, business directory, local events and the annual ICOMS Asset Management Conference. For more information, visit

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