Visionary leaders in both the private and public sectors have embraced the opportunities their property provides and have found ways it can add value to the business function. They have moved from their property being viewed as an illiquid short term running cost, to a long term operational and strategic business operation via the asset management approach.

To bring together the wealth of public sector asset management knowledge and best practice that has been produced, RICS through its Public Sector Advisory Group commissioned a project to publish the RICS public sector international asset management guidelines.  

Professionals from across Australia and New Zealand contributed to the international sections and have been instrumental in launching the document in Oceania.

The guidelines were launched in the UK on January 16th  2008 and across the Oceania regions on Thursday 21 February and Wednesday 27 February 2008.  All those who attended received a full copy of the guidelines.

The guidelines seek to cover the whole subject of public sector strategic asset management, by setting out a structured approach to the subject, with references to additional information. Rather than being just another textbook, they aim to help managers to practice good asset management by explaining the key steps and techniques to be used.

The guidelines are designed to be used by the whole of the public sector and provide ‘how to do it’ guidance, i.e. the practicalities of asset management - from how to prepare an asset management plan, to the risks of not addressing training and development needs, to the sustainability agenda.

To order your copy contact RICS Oceania on e: info@rics.org.au or t: +61 2 9216 2333.

For further information visit the guidelines dedicated website by navigating to it via the right hand pane of this page.