If this is your experience, it might be because you didn’t develop and implement a strategic asset management plan (SAMP) to help you specify how your organisational objectives should be converted into asset management objectives. At an agency level, the corporate strategic plan defines the business and what/how services are to be delivered, which in turn identifies the asset portfolio required, both new and existing. ��;�����ma��k��}�e��m�2a�(����@p5�:=�گ���E�{P��(Ƞ��[B�"���i^�n��?`|)W�1�2�����G�x,�exN:X�G����?�?! +��x�0��� �P�Dp�C��g]C�(�^����
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the organization is operating in and how does this affect asset management. endstream endobj 678 0 obj <>/Metadata 44 0 R/Pages 675 0 R/StructTreeRoot 92 0 R/Type/Catalog/ViewerPreferences 692 0 R>> endobj 679 0 obj <>/MediaBox[0 0 595.32 841.92]/Parent 675 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 680 0 obj <>stream the value of each piece.

Approved. Asset status - current performance, cost and risk and its relation to the asset management objectives. Why do so many asset management strategies never succeed? This Strategic Asset Management Plan will help ensure the value of the conservation land is protected and maintained in perpetuity. Some organizations struggle with "paralysis through analysis" (and Any objectives presented need to be included clearly and plainly. Keep in mind that all of a company's assets are important for carrying out the strategic plan. In addition, it describes the approach the organization takes to comply with these asset management objectives. Details of planned future maintenance operations should be included in this phase. Asset systems are groups of assets that must function together. It can refer to existing sources. Certain assets may be deemed non-essential or extraneous and may not require further holding by your organization.

Pragma, with its expertise and technology in asset and maintenance management, is a key strategic partner for Tetra Pak® Maintenance Services. Including the trade-offs that were made in the development of this strategy. Only assets that have already been evaluated as being necessary should be acquired. Alignment between different levels and departments that are involved in asset management (or relate to it) is key. 690 0 obj <>/Filter/FlateDecode/ID[<772CD9822CCF8A4DB718721B677727FD><1DA8C96B00EFE443BB5A4DE1B57FC718>]/Index[677 28]/Info 676 0 R/Length 72/Prev 832769/Root 678 0 R/Size 705/Type/XRef/W[1 2 1]>>stream Within 6 months durable improvement of asset management and cooperation. For example, your organization might want to expand and acquiring a new facility could be part of your acquisitions planning phase. A well designed SAMP forms are a practical basis asset management in your organization. Asset management objectives – conversion of the organizational objectives into asset management objectives. Thanks to all authors for creating a page that has been read 84,109 times. States the asset management objectives with sufficient background to promote understanding, acceptance and achievement 5. Please help us continue to provide you with our trusted how-to guides and videos for free by whitelisting wikiHow on your ad blocker. https://www.wikihow.com/Develop-a-Strategic-Asset-Management-Plan asset population and age statistics for in-service assets, asset characteristics, covering asset criticality and asset health indices. Asset management is more like chess than like checkers. We know ads can be annoying, but they’re what allow us to make all of wikiHow available for free. Below an overview of topics (not exhaustive) that should be included in a good SAMP is provided. The ISO 55000 is becoming a necessary standard when working with clients, insurers or investors. Support for a smooth certification project. endstream endobj startxref "I was preparing for the utility and found it very systematically developed, easy to understand and helping to, "I'm an asset manager but my company challenged me to bring our asset management to the strategic asset management, "This article made a complex subject like the SAMP simple and easy to understand. For example your company may own an older facility. Including this operational cost will let you compare it to other costs in order to make a good strategy for its management.
The ISO 55000 meets international standards including the American National Standards Institute and ASTM International standards. These changes may relate to stakeholders or the environment (read: setting). We use cookies to make wikiHow great. We design the SAMP as a multi-faceted collection of related information elements of various media types to enable the most efficient visualisation. This article has been viewed 84,109 times. Objectives for your asset management program. Holding assets is a part of any enterprise in the public or private sector. To what extent are these requirements and expectations taken into account when making decisions and in information management. h�bbd``b`�$� �E ��5H0ځo7�2�AH��x������d #����_ g�

", How to Develop a Strategic Asset Management Plan, http://nwt-funnelback01.squiz.net/s/cache?collection=nsw_treasury&doc=funnelback-web-crawl.warc&off=3008938&len=8596&url=http%3A%2F%2Fwww.treasury.nsw.gov.au%2F__data%2Fassets%2Fword_doc%2F0015%2F3309%2FHow_to_Prepare_an_Asset_Strategy.doc&profile=_default, http://www.anao.gov.au/bpg_assets2010/HTML/3_1_Document_an_asset_management_startegy.html, http://shop.bsigroup.com/ProductDetail/?pid=000000000030244970, http://www.slideshare.net/FAL1/iso-55000-where-are-your-key-assets, http://www.assetmanagementstandards.com/iso-55000-standards-for-asset-management/, consider supporting our work with a contribution to wikiHow.

All assets should have a disposal plan that details when they are to be disposed of and when.

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