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Asset Management

An improved focus on asset management will result in better value for money for your organisation.

You want your asset management planning to allow your assets to be managed effectively and efficiently in support of your key services.

We:

  • Review your asset management framework (policy, strategy, plans, and processes).
  • Check that there is reliable data supported by appropriate processes, software, and hardware to enable robust and effective asset management.
  • Consider whether you have established relevant and measurable (customer and technical) levels of service.
  • Identify whether there is a focus on management options and strategies that consider all relevant economic and physical consequences necessary to deliver the levels of service, from initial planning through to disposal.
  • Consider how well your financial forecasts link to the described levels of service and their consistency with asset life cycle management strategies.
  • Check that a credible asset management improvement programme is in place to enhance the processes, systems, and data that support the asset management planning to the desired level.

Page last updated: 9 April 2009

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