The Asset Management Improvement Plan is a strategic plan that provides for monitoring and control of the Asset Management Activites.
It should ensure that progress is made and can be verified.
It is simply designed to ensure good project management principles are applied to this major but very important project. It is a monitoring and control process that is often forgotten/not put in place. The Asset Management Improvement Plan should ensure asset management progresses at an acceptable pace and moves in the "right" direction.
The Asset Management Improvement Process involves;
1 Picking a team and allocating responsibilities
2 Defining and getting agreement on performance measures from each asset manager in terms of quality, quantity, timing and budget
3 Train relevant staff in Asset Management concepts and principles, software/systems usage, data collection and the importance of keeping information up to date - Good Asset Management Practice.
4 Monitoring and reporting on progress
That is the Asset Management Improvement Plan is designed to provide Good Project Management Practice across the Asset Management implementation project with adequate performance criteria put in place and measured.