Asset Management
- Publication no: AP-R716-24
- ISBN: 978-1-922994-49-3
- Published: 13 November 2024
- PDF (free) Download
This report provides practical guidance and user cases for asset managers within the transport sector to embed consideration of climate resilience into asset management.
The physical impacts of climate change are a common threat to Austroads transport agencies, and these will only grow in frequency and intensity as the climate changes, causing wide-spread disruption to transport network’s ability to deliver the levels of service expected. Within their agencies, asset managers play a crucial role to adapt to, and mitigate the impacts of, climate change.
Key issues were identified covering asset management systems and processes, the asset lifecycle, criticality and vulnerability assessments, valuation of climate resilience measures and asset information management. For each of these issues, recommendations have been provided for asset managers to adopt to improve their processes and achieve their asset management objectives.
Watch a webinar presented by Upeshika Heenetigala, Jesse Sounness and Qindong Li discussing the report and its recommendations.
- Summary
- 1. Introduction
- 1.1 Context
- 1.2 Purpose
- 1.3 Scope
- 1.4 Report structure
- 2. Background
- 2.1 Climate change
- 2.2 Physical impacts of climate change
- 2.3 Building resilience through asset management
- 3. Asset Management Systems and Processes
- 3.1 Organisational capability
- 3.2 Organisational strategic plan
- 3.3 Asset management policy
- 3.4 Capital investment strategy
- 3.5 Strategic asset management plan
- 3.6 Asset management plan
- 3.7 Operational maintenance programs
- 4. Asset Management Lifecycle
- 4.1 Planning
- 4.2 Design and construction
- 4.3 Operations and maintenance
- 4.4 Renewal and rehabilitation
- 4.5 Reuse or disposal
- 5. Narrowing the Scope of Climate Change Risk Assessments
- 5.1 Criticality
- 5.1.1 Criticality criteria
- 5.2 Vulnerability
- 5.2.1 Assessing exposure
- 5.2.2 Assessing sensitivity
- 5.2.3 Assessing adaptive capacity
- 5.1 Criticality
- 6. Valuing Climate Resilience in Decision-making
- 6.1 Resilience-based decision making
- 6.2 Post-disaster funding
- 7. Asset Information Management
- 8. Conclusions and Recommendations
- References
- Appendix A User Case: TfNSW Network Resilience Program
- A.1 Resilience driver
- A.2 The solution
- A.2.1 Bushfire corridor resilience
- A.2.2 Customer journey resilience plans
- A.2.3 Aboriginal cultural land management project
- A.3 Lessons for other Austroads agencies
- A.4 Resources
- Appendix B User Case: SECCCA Asset Vulnerability Project
- B.1 Resilience driver
- B.2 Asset vulnerability assessment project
- B.3 High level asset vulnerability assessment
- B.4 Case studies
- B.5 Climate vulnerability guide
- B.6 Benefits
- B.7 Resources
- Appendix C User Case: NZTA’s Approach to Resilience Funding
- C.1 Key drivers of the funding approach
- C.2 Government transport resilience fund
- C.3 Prioritising assets for resilience funding
- C.4 Lessons for other Austroads agencies
- C.5 Resources
- Appendix D User Case: MRWA Resilient and Sustainable Road Infrastructure Framework
- D.1 Resilience driver
- D.2 Resilient and sustainable road infrastructure framework
- D.2.1 Desktop assessment
- D.2.2 Regional input
- D.2.3 Resilience strategy
- D.3 Benefits
- D.4 Resources