Asset management policies and guidelines of different states in Australia: a comparative analysis

Article

Mahmood, Muhammad Nateque, Dhakal, Subas Prasad, Brown, Kerry, Keast, Robyn and Wiewiora, Anna. 2014. "Asset management policies and guidelines of different states in Australia: a comparative analysis." Journal of Facilities Management. 12 (3), pp. 286-302. https://doi.org/10.1108/JFM-03-2013-0017
Article Title

Asset management policies and guidelines of different states in Australia: a comparative analysis

ERA Journal ID30511
Article CategoryArticle
AuthorsMahmood, Muhammad Nateque (Author), Dhakal, Subas Prasad (Author), Brown, Kerry (Author), Keast, Robyn (Author) and Wiewiora, Anna (Author)
Journal TitleJournal of Facilities Management
Journal Citation12 (3), pp. 286-302
Number of Pages17
Year2014
ISSN1472-5967
1741-0983
Digital Object Identifier (DOI)https://doi.org/10.1108/JFM-03-2013-0017
Web Address (URL)http://www.emeraldinsight.com/doi/abs/10.1108/JFM-03-2013-0017
Abstract

Purpose
– The purpose of this paper is to explore and compare the asset management policies and practices of six Australian states – New South Wales, Victoria, Queensland, South Australia, Western Australia and Tasmania – to improve understanding of the policy context to best shape policy focus and guidelines. Australian state-wide asset management policies and guidelines are an emergent policy domain, generating a substantial body of knowledge. However, these documents are spread across the layers of government and are therefore largely fragmented and lack coherency.

Design/methodology/approach
– The comparative study is based on the thematic mapping technique using the Leximancer software.

Findings
– Asset management policies and guidelines of New South Wales and Victoria have more interconnected themes as compared to other states in Australia. Moreover, based on the findings, New South Wales has covered most of the key concepts in relation to asset management; the remaining five states are yet to develop a comprehensive and integrated approach to asset management policies and guidelines.

Research limitations/implications
– This review and its findings have provided a number of directions on which government policies can now be better constructed and assessed. In doing so, the paper contributes to a coherent way forward to satisfy national emergent and ongoing asset management challenges. This paper outlines a rigorous analytical methodology to inform specific policy changes.

Originality/value
– This paper provides a basis for further research focused on analyzing the context and processes of asset management guidelines and policies.

Keywordscontent analysis, Australia, asset management, community involvement, Leximancer, policy analysis
ANZSRC Field of Research 2020400508. Infrastructure engineering and asset management
Public Notes

The present paper was developed within the CIEAM, established and supported under the Australian Government’s CRC Program, in collaboration with the Collaborative Research Network program within Southern Cross University.

Byline AffiliationsSouthern Cross University
Institution of OriginUniversity of Southern Queensland
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