Managing Assets in the Public Sector

Managing Assets in the Public Sector is a two-day course that will enhance your understanding of strategic asset management and develop your skills to ensure organisational initiatives align with sustainable outcomes. This course will enhance your ability to plan and execute better procurement strategies to ensure asset life cycles meet your business objectives at the lowest whole-of-life cost.

The course combines class discussions with practical exercises, where you will have the opportunity to apply techniques in a real-life context. The material is presented in cohesive manner tailored to the public sector.

Topics covered

  • Establishing efficient asset management practice
  • Service levels, risk and asset management
  • Elements of a successful asset management plan
  • Asset management in practice
  • Procurement fundamentals
    • Role of procurement in improving the asset performance
  • Market and stakeholder engagement
  • Contract management
  • Aligning asset management and procurement plans with strategic objectives

Who should attend?

The course is designed to assist those whose roles interface with or are accountable for various aspects of asset management such as procurement, maintenance, and finance. Participants’ experience can range from new employees with a part-time or full-time role that interfaces with procurement including, risk and insurance, project or asset management, maintenance and/or operations, finance, foreign exchange (FX) or legal, procurement specialist. Asset custodians and facility managers are encouraged to attend.

No prior knowledge of the topics is assumed, however participants with previous experience in these fields may benefit from the course to refresh and extend their understanding. Asset custodians and facility managers are also encouraged to attend.


Upon completion of the course, you will be able to:

  • Understand key asset management concepts and elements of an asset management framework
  • Improve the procurement of services for condition assessments, technical evaluations, sustaining capital, and maintenance services
  • Improve the alignment between an organisation’s strategic, asset and procurement plans
  • Combine effective business and market needs analyses with probity principles to ensure that contracts are sourced, awarded, and proactively managed to create prudent and efficient whole-of-life outcomes.

Practical exercises

Participants will work individually and in small teams on exercises to develop or review an asset management plan and linking it to a successful procurement strategy. The exercises will give participants an opportunity to present proposed strategies and work through underlying assumptions as a group.

Delivery structure

This course is delivered in a format that provides multiple touchpoints and reflective activities to apply the learnings in your work context.

Note: Delivered on non-consecutive days. Refer to calendar for delivery dates.

  • Day 1: Advanced asset management -Full-day, in-person, UQ Brisbane City campus
  • Self-paced online learning activity (approximately 3-4 hours)
  • Day 2: Procurement practices to enhance asset performance in the public sector – full-day, in-person, UQ Brisbane City campus

Commitment to all sessions within this course is essential for an optimised learning experience.

Digital badge

Participants will receive a digital badge upon successful completion of all the sessions and activities in the course. Please refer to FAQs for more information on how our digital badges can benefit you.

Course facilitators

Liam Stitt

Industry Fellow at The University of Queensland | Supply Chain Director

Liam is a value chain and process improvement practitioner. His ability to competently mix strategic understanding with operational drivers has been built around his formal trade and professional training. Liam’s underlying expertise is in Change Management and Business Improvement, predominantly delivered within project, construction and asset value chains working across numerous industry sectors.

Vince Aisthorpe

Supply Chain Manager

Vince Aisthorpe is a highly successful and results driven supply chain practitioner. He has an extensive strategic and operational leadership background in the defence, energy, resource, logistics and local government sectors, for over 40 years. Vince is recognised as an innovative and decisive leader with comprehensive skills and a reputation for driving significant procurement transformation, supply chain process improvement and stakeholder engagement programs.


Upcoming courses

Date Duration Location Cost Register now
18 July - 20 August 2 days UQ Brisbane City $843.75

By registering for the course, you acknowledge the registration terms and conditions, including eligibility and cancellation policy.

If this time does not suit, subscribe to the newsletter for alerts on upcoming workshops. Alternatively, contact the QTC Education Program team on 1800 974 551 or email to discuss your requirements.

"The hard-earned experiences of the public servant presenters offers the advantage of a learning experience tailored to the unique culture, challenges and practices of work within the public service."

Jared Johnson

A/ Senior Strategy & Risk Officer, Queensland Fire and Emergency Services