The NAMS+ Maturity Assessment tool is designed to assist asset managers to develop and implement a continuous improvement programme to enhance the Asset Management System to more effectively deliver desired Asset Management outcomes.
There are a number of Maturity Assessment frameworks available and the following are provided in NAMS+: IIMM, ISO, NAF and FCM.
- The IIMM AM Maturity index is a tool that organisations can use to assess the asset management practices in their organisation and determine the appropriate level of advancement of AM practices.
- The ISO Maturity Assessment uses a series of questions that have been developed around asset and financial management maturity competencies. These are linked to the key elements of the national sustainability frameworks adopted by Australian State and Federal Governments. The questionnaire helps to show what has been done and what needs to be done, in order to achieve ‘core’ and then ‘advanced’ maturity.
- The National Assessment Framework (NAF) is a structured online questionnaire developed by the IPWEA to evaluate progress with implementing the elements of the LGPMC NAMF. The main objective is for councils to focus on achieving, maintaining (and surpassing) ‘Core’ level asset management and financial planning maturity.
- Based on the Federation of Canadian Municipalities’ (FCM) Asset Management Readiness Scale, this Maturity Assessment helps Local Governments measure progress on asset management in five competency areas. Each of these competencies is a building block. Together, the five building blocks form the practice of asset management.