Aligning Capacity, Strategy and Sustainable Outcomes
The Asset Management, Financial Planning and Performance Measurement project (the project) is a research-based project designed to assess the quality of data and decisions that have been driven by asset management and financial planning programs across Victorian councils.
Why are we doing it?
The integrity of asset management and related financial planning data and the extent to which it informs good decision making by councils is not clear and will be assessed through this project. The project will identify opportunities to improve transparency and consistency in practices in this area. The outcomes will be used as a critical point of reference for the refinement of future performance measures across the sector.
Project outcomes
Outcomes of this project will include:
- An improved understanding of the relationship between asset management and financial planning
- Data on the issues currently subject to asset management and financial planning across the sector for analysis
- Assessment of how asset management data informs council decision making
- Recommendations on how to implement best practice decision making relating to asset management.
Project funding and scope
Local Government Victoria is fully funding all costs associated with the project.
The scope of this project is presently under review. As a ‘research’ focused exercise it is not expected to place resource demands on participating councils. LGV is currently working with consultants qualified in this field to investigate opportunities.
Project duration
The project will be completed by 30 June 2012.
Further information
If you would like further information on the project, please contact Local Government Victoria.
