Line-of-Sight Newsletter 27 May 2025

ALN and the Asset Management Council bring you The Role of Asset Management in the Mitigation of Fraud and Corruption” as a 2-part exploration of fraud, waste, and abuse – corruption. On the web June 4 at 6 pm Eastern, Part 1, “Identifying Fraud and Corruption”, will highlight real examples that were uncovered with proper Asset Management practices and what was done so other can learn from the results. See more in People.

Join us for ALN Th@3 pm ET this week for a recap of the ISO 55000 meeting in Oslo earlier this month. See more below in Ideas.


CGI Federal Inc., a wholly owned U.S. operating subsidiary of CGI Inc., is dedicated to partnering with federal agencies to provide solutions for defense, civilian, healthcare, justice, intelligence, and international affairs missions.


People

Sean Reeves, President, Reeves Consulting, Melbourne, Australia, is a Certified Asset Management Assessor (CAMA) and Certified Senior Practitioner in Asset Management (CSAM) who has led the development, implementation and certification of asset management systems to ISO 55001. His more than 30 years of experience, including time as an auditor, allowed Mr. Reeves to encounter issues ranging from misunderstanding codes of requirements resulting in corrective training actions all the way to outright corruption. Join the program to learn about the ways Asset Management can help identify fraud, waste, abuse, and corruption and a discussion about what to do when these issues are discovered. Register for the program on Wednesday 4 June at 6 pm Eastern at this link.


Sources

Improvement Request

The United Nations’ “Managing Infrastructure Assets for Sustainable Development: A Handbook for Local and National Governments” was first published in 2021 and has been used in more than 200 training programs around the world. There is now a UN Infrastructure Asset Management Reference Group to assist with reviewing the document, identifying ways to improve it, and doing research to enhance the document. The ALN is honored to be a part of the Reference Group. We are looking for existing and new members to join us as we assist in establishing a research strategy and research implementation program. Please contact us at info@AsssetLeadership.net to share your interest in assisting.


Ideas

ISO 55000 Update

The last section of ISO 55001, section 10, is about Improvement – 10.1 is about Continual Improvement. So, it is no surprise that the ISO Asset Management community is continually meeting to address ways to improve the standards and how to improve their positive impact around the world. Join us this week on ALN Th@3 pm ET as Lindsay Ziegler, President, Andrew James Advisory Group, and Chair of the U.S. Technical Action Group to ISO Technical Committee 251, and others report on the latest developments as discussed in-person at the semi-annual meeting – this time in Oslo, Norway. Register at this link.