Graphic of a lock

Case Study: Enhance and maximize asset management

October 18, 2021

Case Study: Enhance and maximize asset management

Synopsis
2 Minute Read

A thorough gap analysis by MNP enabled the Kehewin Cree Nation to implement a more effective asset management program and update services to the community.

Industry sector: Energy and Infrastructure, First Nations

Goal: Understand and effectively utilize assets to community’s benefit

maze icon Challenge

Kehewin Cree Nation sought to train its leaders in asset management and redevelop the nation’s existing asset management program. The goal was to better understand the asset base and budgets, refine decision making and communication regarding maintenance, replacement, and addition of assets, and optimize the lifecycle, service levels, and costs of assets. The project would also help mitigate health and safety risks in the community due to aging assets, while delivering the asset management plan in a cost-effective manner.

light bulb icon Solution

MNP delivered training based on the Federation of Canadian Municipalities Municipal Asset Management Program to the nation’s leadership. The team then assessed the current state of asset management including inventory lists of existing assets, short- and long-term plans in place, and current service levels definitions, through interviews with the nation’s asset owners and leadership. MNP presented a strategic roadmap to the nation’s leadership on addressing gaps identified in its asset management planning function, and realigning future plans with its vision.

checkmark icon Results

MNP’s detailed gap analysis of the nation’s asset management program and roadmap helped leadership better understand the full scope of its assets, the training and maintenance plans required to optimize them, and the governance and reporting structure required to ensure alignment to the asset management plan. This work kickstarted the implementation of new asset management practices to better deliver assets and services to the community.

Services provided

Operational improvement • Asset management planning

Insights

  • Real estate and money laundering

    Tap into the latest on money laundering and Canada’s real estate sector with MNP’s Greg Draper.

  • Progress

    December 08, 2021

    Three misconceptions about change management – and how to get past them

    Successful change management isn’t static. Read on about common pitfalls leaders face and how to avoid them in an increasingly digital world.

  • Confidence

    December 06, 2021

    Data governance: the missing link between analytic value and strategic decision making