Knowledge Library

Subjects 1, 2 and 5: Asset Management Policy, Strategy and Plans

Version 1.1 October 2015

Asset Management Policy, Strategy and Plans covers the Asset Management Policy, Asset Management Strategy and Objectives and Asset Management planning.

Clear descriptions of these three elements of the Strategy and Planning are given and, how they can help towards the contribution of the Asset Management long-term objectives. Companies having an Asset Management Policy, Asset Management Strategy and Objectives and Asset Management Planning will embrace the challenges of asset management and increase the longevity of the assets.

Different case studies ranging from the rail and utilities companies have been used to illustrate the importance of having a proper Strategy and Planning framework, and it can contribute towards the good practice of asset management.

 

With thanks to our sponsors of this publication.

Assetivity       CGI      KPMG   LRE   National Grid  Planifika

 

CONTENTS  
Acknowledgements  2
1 INTRODUCTION TO SUBJECT SPECIFIC GUIDANCE 
1.1 Purpose of the SSGs 
1.2 The SSGs in context 
1.3 SSGs and the issue of Complexity versus Maturity 
1.4 Further reading 

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2 SCOPE OF THIS SSG  5
3 WHAT DOES "ASSET MANAGEMENT POLICY, STRATEGY AND PLANS" MEAN? 
3.1 Context 
3.2 Overview of Asset Management Policy, Strategy and Plans 
3.3 Strategy or Plan? 
3.4 Common Benefits 
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4 CONCEPTS, PRINCIPLES AND KEY FACTORS 
4.1 Asset Management Framework 
4.2 Line of Sight / Alignment 
4.3 Strategic Planning and Demand Analysis 
4.4 Enterprise Asset Management Solutions 

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5 GUIDANCE FOR ASSET MANAGEMENT POLICY, STRATEGY AND PLANS 
5.1 General 12
5.2 Asset Management Policy 
5.3 Asset Management Strategy 
5.4 Asset Management Plans 

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6 CASE STUDIES & WORKING EXAMPLES
6.1 Asset Management Framework Case Studies 
6.2 Policy Case Studies 
6.3 Strategy Case Studies
6.4 Asset Management Plans 

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7 BIBLIOGRAPHY  32

 

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