Asset Management Plan

An Asset Management Plan (AMP) is a tactical plan for managing an organisation's infrastructure and other assets to deliver an agreed standard of service. Typically, an Asset Management Plan will cover more than a single asset, taking a system approach - especially where a number of assets are co-dependent and are required to work together to deliver an agreed standard of service.

The International Infrastructure Management Manual defines an Asset Management Plan as; "a plan developed for the management of one or more infrastructure assets that combines multi-disciplinary management techniques (including technical & financial) over the life cycle of the asset in the most cost effective manner to provide a specific level of service."

Read more about Asset Management PlanObjectives, Typical Contents, Legislation

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Famous quotes containing the words plan, asset and/or management:

    some little plan or chart,
    Some fragment from his dream of human life,
    Shaped by himself with newly-learned art;
    William Wordsworth (1770–1850)

    Imagination is a valuable asset in business and she has a sister, Understanding, who also serves. Together they make a splendid team and business problems dissolve and the impossible is accomplished by their ministrations.... Imagination concerning the world’s wants and the individual’s needs should be the Alpha and Omega of self-education.
    Alice Foote MacDougall (1867–1945)

    Why not draft executive and management brains to prepare and produce the equipment the $21-a-month draftee must use and forget this dollar-a-year tommyrot? Would we send an army into the field under a dollar-a-year General who had to be home Mondays, Wednesdays and Fridays?
    Lyndon Baines Johnson (1908–1973)