Elements and Performance Criteria
- Identify designated area of responsibility
- Designated area of responsibility is identified in accordance with organisational requirements
- Contribution is made to the maintenance of the asset register on the basis of current and ongoing needs and in accordance with organisational requirements
- Assets to be recorded in the asset register are identified in accordance with organisational requirements
- Record assets and their condition
- Specified details of all material assets are identified and recorded in accordance with the asset management policies and procedures
- Condition of each asset is determined and corrective maintenance tasks are recorded in accordance with manufacturer specifications, relevant Australian standards and organisational requirements
- If applicable, the useful/residual life of each asset is determined in accordance with manufacturer specifications and organisational requirements
- Maintain records within asset management system
- Records of asset management activities are updated in accordance with organisational requirements
- Periodic audits are conducted to ensure accuracy of asset register in accordance with organisational requirements
- Contribution is made to any review of the asset management system to ensure it is supporting business needs in accordance with organisational requirements
- Guidance is provided in accordance with organisational requirements to support effective management and maintenance of the asset register