An Asset Management Plan (AMP) is a plan developed for the management of one or more infrastructure asset classes with a view to operating, maintaining and renewing the assets within the class in the most cost effective manner possible, whilst providing a specific level of service."
- A tactical plan for managing an organisation's infrastructure and other assets in order to deliver an agreed standard of service. - Wikipedia
- A plan developed for the management of one or more infrastructure assets that combines multi-disciplinary management techniques (including technical & financial) over the lifecycle of the asset in the most cost effective manner to provide a specific level of service." - International Infrastructure Management Manual.
- An Asset Management Plan is a document containing or referring to specific asset related data, statements & projections that is drafted to comply with specific government legislation or (more rarely) in an endeavour to improve asset management practices within an organisation. - WGE
- Local Government Victoria's Sustaining Local Assets Policy defines an AMP as a document that;
- defines levels of service within financial/resource/risk constraints;
- presents cash flow forecasts for acquisition, operation, and maintenance and capital expenditure, and for revenue, where relevant;
- specifies the capital expenditure for renewing, upgrading or extending assets;
- justifies the contribution of each asset in terms of value for money for the council; and
- establishes the targets and measures that will be used for monitoring progress with its implementation.
In some states – Queensland for example – there are Minimum Requiremenst for Asset Management Plans, in other states what needs to be in a plan is less well defined.
Some items typically found in an AMP include:
- Links to Related Plans, Policies and Strategies
- Reasons for Asset Ownership
- A Physical Classification & Description of Assets
- Asset Management Practices
- Service Levels
- Asset Valuations & Lifecycle Costing
- A Forecast of Future Demand & Technological Changes
- Expenditure Forecasts & Cash Flows
- AM Targets, Measures & Monitoring
Asset Management Plans have typically been created as Word Documents, but Wiki based versions have a number of advantages, including;
- easier collaboration in the development phase of the plan;
- no need for hard copies of the plan;
- better indexing & search capabilities.
Below are links to AMP templates in a number of different wiki formats. Please feel free to copy, use & improve them.
- Generic Queensland AMP for Stormwater Drainage Networks
- Asset Management Plan Template
- MediaWiki Asset Management Plan Templates
Web-Based Asset Management Plans
Web Based Asset Management Plans have a number of advantages over a Word Document or PDF based AMP.
- Multiple people are able to edit parts of the plans simultaneously.
- The most up-to-date version of the plan is instantly available to everyone
- It is easy to get public and agency input about the plans as they are being developed.
- It makes searching for information in the plan much easier
Bundaberg Regional Council has been developing its asset management plans online in a wiki based format. To view the BRC plans click on any of the images below.
External Links & References
More Asset Management Plan Examples
- Darwin Corporate Asset Management Plan
- Loxton Waikerie Infrastructure & Asset Management Plans
- North Sydney Infrastructure Asset Management Plan
- Alexandrina Infrastructure and Asset Management Plan
- City of Swan Asset Management Plans
- The Council of the Municipality of Ashfield Asset Plans
- City of Casey Civil Infrastructure Asset Management Plan
- City of Melville Infrastructure Asset Management Plan
- Brimbank City Council Road Asset Management Plan
- City of Knox Road Asset Management Plan
- City of Knox Footpath & Shared Path Asset Management Plan
- City of Marion Road Infrastructure Plan
- Mildura Rural City Council Road Management Plan
- City of Wangaratta Routine Road Maintenance Plan
- Southern Grampians Shire Council Road Management Plan
- Boroondara City Council Asset Management Plan for Roads
- City of Adelaide Transportation Infrastructure and Asset Management Plan
- City of Knox Building Asset Management Plan
- City of Adelaide Building Infrastructure & Asset Management Plan
- Gannawarra Shire Council Buildings Asset Management Plan
- Mitchell Shire Council Buildings Asset Management Plan
- City of Melville Building Asset Management Plan
- Albury City Buildings Asset Management Plan
- Shire of Loddon Bridge Asset Management Plan
- Shire of Busselton Bridge Structures Asset Management Plan
- Boroonda Drainage Asset Management Plan
- Bundaberg Regional Council AMP for Drainage
- Tweed Shire Council Drainage Assets Management Plan
- Scenic Rim Facilities & Parks Asset Management Plan
- Penrith Regional Council Parks Asset Management Plan
- Asset Management Framework
- Asset Management Policy
- Asset Management Strategy
- Long-Term Asset Management Plan
- Minimum Requirements for Asset Management Plans (Queensland)
- Road Management Plan
External Links & References
- AMQ International Checklist for Self Review of Asset Management Plans
- Local Government Victoria - Guidelines for developing an Asset Management Policy, Strategy & Plan
- State Government of Victoria, Australia, Department of Human Services - Capital Development Guidelines
- NAMS.AU IPWEA Asset Management Planning Policy
- NAMS.AU IPWEA Asset Management Legislation Policy
- Developing an Asset Management Plan for Buildings - Jennifer Tod, CEO Glenelg Shire Council
- Bundaberg Regional Council AMP Development Wiki
- Core Asset Management Plans - The must haves - Geoff Bartholomew