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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
An Asset Management Improvement Plan is a strategic plan that provides for monitoring and control of the Asset Management Improvement Activites. It provides the link between the Asset Management Strategy and the annual operations plans and budgets. This plan will ensure that acceptable progress is made on improving asset management processes and procedures and that progress can be verified and quantified.