Established in 2005, strategic asset management consultancy Odysseus-imc Pty Ltd specialises in helping critical infrastructure organisations plan, optimise and future-proof their investments. By guiding clients through the complex process of balancing costs, performance, and risk over the long term, Odysseus-imc enables confident decision-making that delivers lasting value. We speak with founder Alexander (Sandy) Muir to find out more. For critical infrastructure organisations, strategic asset management has never been more complex, or more essential. Ageing assets, increasing service expectations, tighter regulatory scrutiny, and pressure on budgets mean decisions about maintenance, renewal and replacement carry greater consequences than ever before. At the same time, asset data is often fragmented across teams and systems. Competing priorities pull attention in multiple directions, and many organisations struggle to determine what work is needed, when it should happen, and where investment will deliver the greatest long-term value. Serving diverse sectors, including utilities, local government, healthcare, ports and transportation, Odysseus-imc is well-versed in navigating the complexity of larger asset registers. Covering the full spectrum of asset management services, the company supports clients through policy and strategy formulation, criticality assessment and prioritisation, risk management, asset data management and more. Odysseusimc’s proven strategic asset management framework has been developed to align with ISO 55000 international standard. Pivotal in establishing strategic asset management as a recognised and respected discipline, Odysseus-imc is a direct contributor to documents and standards, including, the International Infrastructure Management Manual (IIMM), Optimised Decision Making and the WSAA Asset Data Guidelines. The company offers its clients much more than just theoretical knowledge. Backed by decades of experience, Odysseus-imc delivers an effective combination of foundational thinking and real-world application. Sandy tells us: “We bring both theoretical rigour and practical implementation experience. Our core values centre on evidence-based decision-making, translating complex technical frameworks into actionable management systems, and building sustainable infrastructure management capability within client organisations. Our success stems from this balance between technical expertise and practical implementation. We don’t simply deliver reports; we develop working systems that organisations can use daily.” By considering factors such as resourcing, data availability, and organisational maturity, Odysseus-imc’s approach helps bridge the gap between international best practice standards and the real-world constraints of infrastructure organisation. Sandy himself brings over 43 years of civil engineering experience to his role. His credentials include Chartered Professional Engineer (CPEng), Member of the Institute of Asset Management (IAM), Member of the International Water Association (IWA) and Member of Engineers Australia (MIEAust). These, alongside specialised postgraduate qualifications in asset management, are the foundations of his highly technical, strategic asset management approach. Odysseus-imc’s vast experience across diverse asset classes, from water pump stations to road networks, ensures the company’s recommendations are always adaptable, practical and robust. The development of long-term, trusted partnerships with clients is the key to the company’s success. Sandy explains: “What we aim to achieve with clients extends far beyond completing projects. Our goal is to build organisational capability and embed sustainable asset management practices for the long term. We measure our success not by the size of reports we deliver, but by whether organisations are making better infrastructure decisions twelve months after our engagement concludes.” Odysseus-imc’s work with Murrumbidgee Irrigation is a prime example. The company has built an enduring relationship through its ongoing engagements with Murrumbidgee, for which it continues to deliver impressive results via robust asset management systems, improved processes and strategic planning frameworks. As the asset management landscape in Australia continues to evolve, Odysseusimc is cementing its place at the forefront of the industry. With organisations moving towards increasingly sophisticated analysis, Odysseus-imc is developing web-based analytical tools that make advanced digital methodologies readily accessible. The company is also exploring partnerships with established platforms such as CAMSPredictive Asset Management to integrate these methodologies with existing systems. Ageing infrastructure presents significant challenges for many Australian organisations, and renewals are often underfunded. In this environment, understanding which assets to renew and getting the timing right is essential. Odysseus-imc’s optimal decision modelling and CAPEX planning tools directly address this, helping organisations move beyond a ‘fix everything’ approach toward structured, strategic programs. However, challenges don’t only present internally. Intensifying weather events, changing rainfall patterns, and extended drought periods have elevated the importance of risk-based asset management and criticality assessment. Odysseus-imc is also well positioned to help organisations identify climate-vulnerable assets, assess adaptation options, and prioritise investments that build resilience over time. Sandy says: “When organisations can’t afford to fix everything, they need sophisticated frameworks to prioritise investments. Our methodologies help them do more with less. Organisations don’t lack information about what they should do – they lack clear pathways for doing it. Our focus on implementation frameworks and usable tools fills this gap. The diversity of our client base across sectors allows us to cross-pollinate innovations. This creates a virtuous cycle of continuous improvement and innovation designed to help everyone.” Best Strategic Asset Management Consultancy 2026 – Victoria
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