The Value of Asset Investment Planning and Management
The approach:
- Develops a common understanding of planning and performance
- Aligns operating plans and asset management strategies with corporate objectives, and balances cost, reliability, and risk
- Provides a comprehensive picture of future spending plans and resulting levels of performance
- Provides executives with expenditure analysis that reflects multiple attributes
Helping to achieve:
- Reduced cost of ownership over the asset lifecycle, balanced with awareness/mitigation of risks
- Maximum value of O&M and capital investments, in both new and existing facilities
- Increased understanding of assets, their roles, and their strategies, within the broader context of the corporation’s needs and objectives
- Visibility and transparency of decision processes, and the means to communicate decisions to internal audiences and external stakeholders
Click here to see the requirements for implementation of Asset Investment Planning and Management
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