The Challenge
V/Line required a comprehensive strategic framework for managing its Train Control System assets across their full lifecycle. Without a rigorous asset class strategy, investment decisions were reactive, data quality was inconsistent, and the organisation lacked the visibility needed to understand lifecycle costs, obsolescence risks, and the funding requirements for maintaining a reliable and safe TCS network into the future.
The Solution
L2iQ was awarded the TCS Asset Class Strategy, delivering a structured, data-driven framework across six integrated work streams: configuration management, system architecture analysis, lifecycle and investment modelling, reliability and maintenance assessment, risk strategy, and improvement planning. Outputs were visualised via Power BI aligned with V/Line’s Asset Investment Portal to enable executive-level decision-making.
What L2iQ Delivered
- Configuration Management Database (CMDB) with integrated asset register, hierarchies and data gap closure plans
- System architecture and interface analysis identifying obsolescence, failure risks and interdependencies
- Overall Condition Index (OCI) calculation and lifecycle degradation modelling
- Funding scenario analysis (Current / Maintain / Improve) visualised via Power BI for V/Line’s Asset Investment Portal
- Reliability and maintenance assessments integrating cost and failure data across all TCS asset classes
- FMECA (Failure Mode, Effects and Criticality Analysis) for each TCS asset class
- Concept of Network Operations (CONOP) and 7-year strategic roadmap
- Options analysis across Full, Partial and No Change funding scenarios
- Targeted improvement recommendations for maintenance, data quality and asset criticality practices
The Outcome
V/Line gained a comprehensive, evidence-based view of its TCS portfolio — covering condition, lifecycle costs, criticality and investment requirements. The 7-year roadmap provided a clear path from current state to optimised operations, with funding scenarios directly linked to performance and risk outcomes. Power BI visualisation enabled executive-level investment decisions aligned with V/Line’s asset management governance framework.