Territory Stories

2009 Corporate total asset management plan



2009 Corporate total asset management plan

Other title

Darwin City Council


City of Darwin reports; Reports; PublicationNT




Made available via the Publications (Legal Deposit) Act 2004 (NT).






Darwin(N.T.) -- Council -- Periodicals

Publisher name

Darwin City Council

Place of publication


Copyright owner

Check within Publication or with content Publisher.

Parent handle


Citation address


Page content

53 Corporate Asset Management Plan CCoorrppoorraattee AAsssseett MMaannaaggeemmeenntt PPllaann Condition assessments; Asset accounting valuation, revaluation, depreciation; Lifecycle planning; Asset operations and maintenance; Asset creation/disposal; Performance monitoring; QA / continuous improvement; Risk Management; Design / project management; and Review / audit processes. Some of the opportunities for further improvement in the current asset management processes have been identified in the previous chapters and will be further identified in sub-plans. These improvement opportunities include addressing the following issues: Inaccurate and incomplete asset data sets; Limited asset condition information for critical assets; Incomplete knowledge regarding asset usage and possible strategies to improve utilisation; Limited strategies to dispose of, or redevelop assets that have reached the end of their useful life, or are at, or exceeding capacity; Limited understanding of the impacts of predicted population growth trends, residential lot distribution and predicted industry requirements on asset needs; Limited understanding of the impacts of new assets from growth (subdivisions, new facilities etc.); Availability of relevant works costing information; Improving asset management systems; Lack of access to up to date asset information by operational staff; Inadequate systems for regularly recording new assets and their values that have been constructed by Council and those assets donated from developers in a single asset register; Inadequate access to current information relating to the existing levels of service Councils assets provide. As a consequence of these weaknesses various assumptions have been made to prepare the financial forecasts.

Aboriginal and Torres Strait Islander people are advised that this website may contain the names, voices and images of people who have died, as well as other culturally sensitive content. Please be aware that some collection items may use outdated phrases or words which reflect the attitude of the creator at the time, and are now considered offensive.

We use temporary cookies on this site to provide functionality.
By continuing to use this site without changing your settings, you consent to our use of cookies.