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CAIO offers a structure for data collection, analysis and reporting that provides:
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The ability to make timely and reasoned decisions about the management of critical assets over a forward three-to-five year period. The aim is to match their management costs and production outputs as closely as possible, either to prevent under-investment in key functions or the wastage of funds on others.
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For the preparation of strategic and defensive capital budgets that allow for assets to be compared and prioritised. This can be particularly helpful for assets that are dispersed at different locations, or for conducting trend analyses across subsequent budget years
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For transparent reporting that can assist external observers, including potential investors, to have confidence in the quality control procedures adopted for the management of this class of assets.
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Support for existing initiatives, such as organisation-wide Strategic Asset Management Planning and Total Asset Management systems. CAIO can help quantify the elements that are vital to the development of a consistent and practical strategic plan.
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A high level of flexibility in how the model is designed and implemented. Clients receive a template that is easily adapted to suit their specific organisational circumstances.
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Enhanced control over the viability of remotely located assets, including those that operate in foreign countries.
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