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Name:
Develops Asset Management Strategies
Acronym:
Type:
Competency Set 98
Parent Discipline
Business Management
Child Competency Unit
Define the business goals and AM Policy requirements the AM strategy must meet
Define the asset-related risks the AM strategy must take into account
Define the constraints the AM strategy must take into account
Define the external legal, social and economic factors and trends the AM strategy must take into account
Define AM policy goals and aspirations
Define strategic AM aims and objectives
Develop an AM strategy for the whole system, asset portfolios or network to meet policy and strategic objectives
Define the organisational, supplier and stakeholder implications of the AM strategy
Develop an AM Plan which describes how asset management activities will be resourced, managed and evaluated
Communicate corporate objectives clearly and effectively
Develop and promote AM competence in organisation
Promote awareness of asset management policy, strategy and principles amongst colleagues and stakeholders
Identify and monitor relevant legal, regulatory, ethical and social requirements
Develop materiel logistics strategies
Establish priorities for materiel logistics strategies
Communicate materiel logistics strategies
Establish priorities for materiel logistics strategies
Definition:
Creates and specifies the policies, objectives and direction to achieve the outcomes of the life cycle management of physical assets.
Resource:
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