Operating Plan — Includes trends; decision-making process; defined operating strategies and methods to meet required service levels; how operating tasks are prioritized and risks associated with alternative strategies; and forecasts of planned operating costs. ABP is asset business plan to plan projects, tenant movements and enhancement to operations that maintain and improve customer satisfaction.
This is important to understand what actions are planned to bring or keep the assets above their minimum condition, and able to perform their intended function. ABP develops building strategies to ensure assets support federal missions.
Also essential from a local perspective, is optimizing the approach to providing the SoS. These assets are often further subdivided into two classes, fixed and current tangible assets. Conversely an asset that is liable to a fast failure mode with little warning will likely require a higher minimum condition.
These improvements represents a potential change to asset business plan standard of service and is typically managed as a project, complete with some form of appraisal of the additional expenditure, comparing different options and selecting a preferred options based on whatever decision process is appropriate.
ABP — a web based application — has a photo, description, location, function and federal use for each asset. This section also describes demand drivers, how demand changes may impact assets, demand contingency planning, and investment planning necessary to meet the demand forecast.
An asset is classified in one of three categories: An "improvement" may also include the potential to reduce the standard of service, and potentially even dispose or divest of an asset or assets in an asset system. Potential Improvements Asset system description[ edit ] Description of the problem that the asset system aims to reduce.
Non-current assets, or long-term assets, are assets that are expected to provide value for more than one year.
These improvements represents a potential change to the standard of service and is typically managed as a project, complete with some form of appraisal of the additional expenditure, comparing different options and selecting a preferred options based on whatever decision process is appropriate.
It should provide a demonstrated link back to the deficiencies noted in constructing the other sections of the AMP.
ABP — a web based application — has a photo, description, location, function and federal use for each asset. These assets are not listed on the balance sheet, nor are they considered liquid assets, but their intrinsic value adds to the credibility of the business, which can equate to a higher business valuation.
This is important to understand what the planned actions are going to cost, as well as the ongoing "management" and overheads directly related to this particular asset system. Includes what corporate goal or objective is impacted by the risk, how the risks are identified, how the risks are evaluated Consequences, Probability, Detectabilityand what risk mitigation plans are in place.
As the sophistication of the asset management system progresses so will the maturity level of the AMPs.
For example cross-disciplinary planning should support AMP resource estimates, outsourcing assumption, training HR and capital investment planning for example.
This is important to understand what the planned actions are going to cost, as well as the ongoing "management" and overheads directly related to this particular asset system. These properties are generally covered under copyright law to protect them from imitation and infringement.
Standard of service definition[ edit ] How should the above assets be performing and to what condition? This decision may impact the overall approach to creating AMPs and should be considered early on. As such, accounting for these assets is critical to business success. This could include information such as asset owner, age, estimate of remaining life etc.
This would include brief discussion of the following: The development and justification of a change project is outside the scope of an asset management plan. Alternative management regimes should be considered to optimise the cost of providing the SoS.
This could include information such as asset owner, age, estimate of remaining life etc. The level of service section may include a description of how organizational goals and regulatory requirements impact service levels. Define the Standard of Service SoS for the various parts of the asset system or group a simple performance specification.
Identify dependencies between different parts of the asset system.An asset management plan (AMP) is a tactical plan for managing an organisation's infrastructure and other assets to deliver an agreed standard of service. Typically, an asset management plan will cover more than a single asset, taking a system approach - especially where a number of assets are co-dependent and are required to work together to.
A Preliminary Corporate Asset Management Plan has been drafted that highlights options to address this gap and move the City towards infrastructure sustainability. The assessment of asset management technology needs is well underway with an RFP.
What is a 'Business Plan' A business plan is a written document that describes in detail how a business, usually a new one, is going to achieve its goals.
A business plan lays out a written plan. What is a 'Business Plan' A business plan is a written document that describes in detail how a business, usually a new one, is going to achieve its goals.
A business plan lays out a written plan. The Asset Business Plan (ABP), an integral component of asset management, provides comprehensive information to associates, GAO and OMB.
The Public Buildings Service’s ABP received the International Development Research Center’s (IDRC) best practices award for It was the first time that a federal agency received this award. This gives us a broad flavour of the document, clearly showing that its role is to capture asset management objectives that link the organisational objectives (typically part of the organisational plan/corporate plan/business plan) to lower level plans.Download