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A plan developed for the management of one or more
infrastructure assets that combines multi-disciplinary
management techniques (including technical and
financial) over the lifecycle of the asset in the most costeffective
manner to provide a specified level of service.
A significant component of the plan is a long-term cashflow projection for the activities.
IIMM
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."
LGAM
The focus of the audit is to check the Asset Management Plan has:
well-defined justifiable levels of service
minimum assumptions relating to asset information
a robust AM improvement programme with task priorities and resource requirements identified
an enhanced description of AM techniques used to establish the most cost-effective (optimum) asset lifecycle treatment options (i.e. risk management, > predictive modelling and optimised decision- making)
quality presentation, including a stand-alone executive summary and extensive use of figures and tables
a focused plan with extensive use made of appendices.