Asset management

Cover of Minimum Levels of Componentisation for Road Infrastructure Assets: Guideline
Minimum Levels of Componentisation for Road Infrastructure Assets: Guideline
  • Publication no: AP-R577-18
  • ISBN: 978-1-925671-70-4
  • Published: 9 August 2018

The purpose of this guideline is to assist organisations determine the appropriate minimum level of componentisation for road infrastructure assets.

This guideline is designed to facilitate improved integration and alignment of asset management, financial management and financial reporting processes. It is intended that this guideline will drive a more consistent approach to data management, asset recognition and preparation of financial statements. In turn, this will enable more efficient collation of national data sets used to enable equitable reform initiatives.

Minimum Levels of Componentisation for Road Infrastructure Assets: Background Research details the background research that underpins the Guideline.

  • Summary
  • 1. Guideline Overview
    • 1.1 Purpose
    • 1.2 Who Is This Guideline For?
    • 1.3 Terminology
    • 1.4 Core Content of this Guideline
    • 1.5 Limits of this Guideline
    • 1.6 Minimum Requirements
    • 1.7 Expected Benefits
    • 1.8 Referenced Documents
  • 2. Guideline Application
    • 2.1 Principles
    • 2.2 Asset Classification Structure
    • 2.3 Complex Asset Requirements
    • 2.4 Key Guideline Elements
      • 2.4.1 Key Inputs
      • 2.4.2 Methods
      • 2.4.3 Tool for Recording Results
    • 2.5 Level of Item Recognition
    • 2.6 Item Test
    • 2.7 Qualifying Questions within Item Test
    • 2.8 Application of Item Test
    • 2.9 Transition Statement
    • 2.10 Reporting and Outcomes
    • 2.11 Clarifications and Limitations
  • References
  • Appendix A Item Test Process Workflow
  • Appendix B Asset Classification Structure
    • B.1 Asset Sub-Classes
    • B.2 Asset Types
      • B.2.1 Asset Types with Asset Component examples provided
      • B.2.2 Asset Types without Asset Component examples provided
    • B.3 Asset Classification Structure Details
  • Appendix C Item Test Worksheet
  • Appendix D Statement of Conformance
    • D.1 Statement by Independent Reviewer John Comrie FCPA
  • Appendix E Hypothetical Case Study