LGAM Knowledge Base

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."

Alternate Definitions

• 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.

Plan Contents

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:

1. Scope
2. Links to Related Plans, Policies and Strategies
3. Reasons for Asset Ownership
4. A Physical Classification & Description of Assets
5. Asset Management Practices
6. Service Levels
7. Asset Valuations & Lifecycle Costing
8. A Forecast of Future Demand & Technological Changes
9. Expenditure Forecasts & Cash Flows
10. AM Targets, Measures & Monitoring

Templates

Asset Management Plans have typically been created as Word Documents, but Wiki based versions have a number of advantages, including;

1. easier collaboration in the development phase of the plan;
2. no need for hard copies of the plan;
3. 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

A Web-based Asset Management Plan is an Asset Management Plan that has been created as series of web pages.

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

1. Corowa Shire Council Draft Sewer Asset Management Plan

More Asset Management Plan Examples

General

• 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

Roads

• 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

Buildings

• 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

Bridges

• Shire of Loddon Bridge Asset Management Plan
• Shire of Busselton Bridge Structures Asset Management Plan

Drainage

• Boroonda Drainage Asset Management Plan
• Bundaberg Regional Council AMP for Drainage
• Tweed Shire Council Drainage Assets Management Plan

Fleet

• City of Mandurah Fleet Asset Management Plan (docx)

Other

• Scenic Rim Facilities & Parks Asset Management Plan
• Penrith Regional Council Parks Asset Management Plan

Related Pages

• 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

1. AMQ International Checklist for Self Review of Asset Management Plans
2. Local Government Victoria - Guidelines for developing an Asset Management Policy, Strategy & Plan
3. State Government of Victoria, Australia, Department of Human Services - Capital Development Guidelines
4. NAMS.AU IPWEA Asset Management Planning Policy
5. NAMS.AU IPWEA Asset Management Legislation Policy
6. Developing an Asset Management Plan for Buildings - Jennifer Tod, CEO Glenelg Shire Council
7. Bundaberg Regional Council AMP Development Wiki
8. Core Asset Management Plans - The must haves - Geoff Bartholomew