Why are we changing?

Current-state of Asset Management Capabillities

Internal findings identified issues regarding asset management systems and processes. These findings were validated by the Legislative Audit of 2012, which recommended replacement of FAMIS/COMPASS

Business Processes

    • Inconsistent, undefined and undocumented
    • Redundant / Reactive across business units
    • Unclear roles and responsibilities
    • Reactive and lack of KPI’s to measure effectiveness

Information

    • Difficult to acquire for making data-driven decisions
    • Difficult to accurately track costs for assets, people, processes, and technology

Technology

    • Out-dated technology, nearing end of its design life
    • Disjointed and often redundant
    • Non-integrated systems require manual processes and rework

 

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