Asset Management Checklist

Below is a simple checklist of questions you should consider asking yourself if you manage infrastructure assets. Please feel free to add to the list.

• Do you have an Asset Management Strategy?
• Do you have Asset Management Plans?
• Have you documented your asset management practices?
• Do you know the location of each of your assets, with enough detail to unambiguously identify them?
• Do you have a list of all the legislation impacting on the management of assets in your state?
• Have you documented all of your asset management related outputs?
• Have you documented what you would like your asset management systems to be able to do?
• Are you confident that the data stored in your asset register is correct?
• Are you confident that all of the assets you are responsible for have been entered into your asset management system?
• Have the responsibilities for assets & asset management related tasks within your organisation been clearly defined?
• Have the asset management terms used within your organisation been clearly defined?
• Are developers aware of the information you would like them to provide when they hand assets over to Council?
• Do you have a Capital Works Evaluation Framework in place?
• Are you keeping up-to-date with the latest asset management related; technologies, theories and practices?
• Do you have a system for improving your asset management practices?
• Are you making the best possible use of everyone's knowledge?
• Are you maximising value for effort by mininising duplication of effort?
• Is it easy to find the information you need to answer questions and make good decisions?
• Are you able to clearly explain to your ratepayers the cost and funding implications of various service levels?

Related Pages

• Asset Management Advancement Program
• Asset Management Framework
• Good Asset Management Practice
• Reasons for Asset Management