Asset management for public entities: Learning from local government examples
A resource for public sector asset managers and their organisations and governing bodies.
PDF, 80 pages, 937kBGood asset management is essential to the governance and management of any organisation’s business, and is integral to improving financial planning and service processes.
In 2009 we reviewed the asset management plans of 72 local government authorities as part of our audit work on Long-Term Council Community Plans. This publication shares real examples of what asset managers are doing well.
The principles we present are widely applicable across all public sector organisations.
The resource includes:
- our view of what is essential in asset management;
- examples of the best asset management we found, and what makes it so good;
- some pitfalls to avoid; and
- the most effective improvements we believe organisations can make.
Contents
- Foreword
- Executive summary
- Part 1 – Learnings from our 2009 LTCCP audits
- Part 2 – The essentials of asset management
- Part 3 – The best of what we found, and what makes it so good
- Part 4 – The worst of what we found, and why it matters
- Part 5 – The most effective improvements you could make
- Part 6 – Things that look good but do not add value
- Part 7 – What should you be talking to your community about?
- Part 8 – Why does an audit and other external review matter?
- Part 9 – Concluding remarks
- Appendix – Some definitions
Page last updated: 13 July 2022