Downer gains 47% operational cost saving from implementation of IS0 55001
Downer and the Melbourne Cricket Club (MCC) set a new benchmark in achieving and maintaining Australia’s first ISO 55001 (asset management system certification) for the Yarra Park Water Recycling Facility (YPWRF).
The facility incorporates a number of innovative design and construction features, and is now recognised with an international standard for best practice, in the way the WRF is managed as an asset and holds the first ISO 55001 certification in Australia.
The MCC-owned plant treats and re-uses sewage from the local sewer network, delivering on Government management goals and continues to set new benchmarks for others to follow.
Through the ISO 55001 certified SECURED Asset Management by Downer™ system, the plant has seen:
- A 47% operational cost saving through improved monitoring and management
- Improved risk management and reliability, with work delivered more efficiently towards higher ‘risk to operations’ activities, reducing reactive work by about 40%
- More focus delivered to continuous improvement activities, enabling even more benefits to be realised
- The WRF saw a 41% reliability improvement over 36 months
The facility incorporates a number of innovative design and construction features, and has achieved Australia’s first ISO 55001 asset management system certification, recognising the WRF with an international best practice asset management standard. This important certification demonstrates the partnership between Downer and the MCC and the integrated decision making to optimise asset outcomes. As a result of the asset management system they have applied co-ordinated and systematic asset management processes, practices and decision rules to ensure they are efficiently and effectively utilising the WRF in meeting objectives and stakeholder expectations.
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