Asset Management Planning
Asset Management Plans may be strategic in nature, but are the defacto plans for managing all assets on a yearly basis, as well as potentially providing higher level planning over the mid- and long-term, and up to the full life-cycle of the contract. They are based upon a current level of asset, infrastructure, operations and resource knowledge, linked to budgetary and risk funds.
Asset Condition and Performance have a major role in the development of the plan. The plan must contain, as a minimum, the current understanding of how assets are performing. This information acts as the baseline for why the document sets out a plan of maintaining or improving service inline with current contractual requirements and any additional projects that may have been introduced by the contracting Public body.
apm ensures that the historical asset peformance data is understood in order to explain current performance. In addition, we assess, model and review current plans to provide future performance predictions, which form part of the revenue projections of the plan. Future performance in itself will become a baseline for the next year iteration of the plan, against which actual performance can be compared. Variations between predicted and actual performance can then be reviewed against planned and actual works, with a review to refining plans for future years.