Strategic Asset Management

​Our Commitment

Queensland Rail will implement an integrated whole-of-life approach to managing its extensive portfolio of assets in a sustainable and effective manner given those assets are significant to the achievement of the strategic and operational objectives of Queensland Rail and the State.

What we will do

To ensure that Queensland Rail achieves these stated Policy objectives, we will:

  • develop business-specific Strategic Asset Management Plans linking asset management objectives to organisational objectives and outlining the framework to achieve this;
  • produce system/corridor-specific Asset Management Plans that apply a risk-based approach to managing the condition of the asset while ensuring the needs of the customer are met;
  • apply holistic, integrated and structured management processes for the entire asset lifecycle;
  • implement relevant systems and technologies and support their effective application to enhance the benefits our assets generate and to make better informed investment decisions in relation to those assets;
  • assign and enforce accountabilities for cost effective asset management across the asset’s entire lifecycle; and
  • continue to drive a commercial and customer-focussed culture in relation to the management of our asset portfolio.