SSG 4: Strategic Planning

The Institute of Asset Management is delighted to launch Subject Specific Guidance 4 Strategic Planning

SSG 4 provides guidance on the Strategic Planning process. Strategic Planning is the process an organization uses to undertake strategic asset management planning, to establish asset management objectives, and develop the asset management strategy. It includes how the organization is to address the outputs from demand analysis; the processes for determining enhancement, long-term renewal, and maintenance work volumes; and the associated risks and costs to meet the asset management objectives. Both asset portfolio planning and asset management system planning are usually undertaken as part of the overall organizational strategic planning.

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The Institute would like to thank our sponsors National Grid and the IAM Patrons whose support is greatly appreciated in enabling the design and publication of this document.