The Edmonton Chapter hosted a valuable evening of learning and networking as Bill Mercer shared his MainTrain keynote with local members and guests. The event brought together practitioners from a range of industries, all eager to dive deeper into the fundamentals of asset management and how those fundamentals translate into real-world decisions, risks, and results. Alongside the formal presentation, the relaxed chapter setting created plenty of opportunities for informal discussion, idea-sharing, and reconnecting with familiar faces.
It was especially encouraging to see many first-time attendees in the room, including professionals who were new both to PEMAC and to the Edmonton Chapter. Their participation highlighted strong momentum for the local community as we look toward 2026, and reinforced the value of chapter events as an accessible entry point into the broader asset management network.
Bill’s session focused on the fundamental question of what an “asset” truly is across different sectors, from power generation to commercial building maintenance, and how that core definition shapes strategy, lifecycle decisions, and the way organizations plan and execute shutdowns and turnarounds. By walking through practical examples, he illustrated how inconsistent or vague definitions of “asset” can lead to misaligned priorities, gaps in risk management, and missed opportunities to realize value.
The discussion sparked meaningful cross-industry insights and reinforced the importance of clarity, alignment, and a shared understanding of assets as a foundation for effective asset management practices. Participants left with renewed appreciation for the basics, along with actionable ideas to take back to their organizations, whether that meant refining asset registers, rethinking maintenance strategies, or simply asking better questions about where and how value is created.
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