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Finance

Corporate Asset Management

Corporate Asset Management (CAM) at the Region of Peel is focused on:

  • planning and prioritization of infrastructure needs across the organization
  • long-term sustainability of assets and services
  • transparency of the annual budgets & forecasts
  • support for the capital planning process

This helps to ensure that the Region of Peel can efficiently and effectively manage its assets to meet the service needs of its residents, while ensuring the sustainability of its infrastructure for the demands of the future.

The Forgotten Facility: The Development of a Facility Rating Model (650kb, 8 pgs)
Article, Public Sector Digest, July 2010
Outlines the model developed at the Region of Peel to understand and measure how buildings need to perform to provide front line public services and the environment that supports them.

The Connection Between Levels of Service and Risk at the Region of Peel (451kb, 6 pgs)
Article, Public Sector Digest, August 2010
Assessing asset priorities across Peel’s diverse programs and services is complex. CAM determined that evaluating risk provides a consistent organizational view. This article discusses the gaps in existing risk methodologies, the key enablers that CAM has developed to fill those gaps, and the observations that can be made from the modeling.

Optimized Decision Modeling for Organizational Asset Management (154kb, 5pgs)
Article, Public Sector Digest, September 2010
This article outlines how Peel’s risk-centric approach to prioritizing asset needs provides a transparent, evidence-based foundation upon which decision makers can reasonably assess the diverse asset priorities across the organization.

Optimized Asset Decision Making at the Region of Peel (955kb, 24 pgs)
Public Sector Digest, Critical Knowledge Series, September 2010
Peel’s corporate asset management methodologies were chosen to be highlighted in Public Sector Digest’s Critical Knowledge Series. Based on the above articles, this document is highlighted by Public Sector Digest at regional, national and international conferences, and is available at www.publicsectordigest.com

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Revised: Tuesday October 26 2010

www.peelregion.ca

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