This website uses cookies to ensure you have the best experience. Learn more

Assett Management Plan Essay

3843 words - 16 pages

TABLE OF CONTENTS

1 Introduction 5

1.1 Why Asset Management is Important? 5

1.2 Organisational Commitment 5

1.3 Progress Made 6

1.4 Strategic Linkages 6

1.5 Organisational Asset Management Linkages 6

1.6 Key Stakeholders 7

1.7 Issues 7

2 Demand management 7

2.1 Overview 7

2.5 Teaching Spaces 10

2.6 Consideration of Capacity – Supply vs Demand 11

3 Levels of service 12

3.1 Overview 12

3.2 Strategic Levels of Service 12

3.3 Tactical Levels of Service 13

3.4 Operational Levels of Service 13

3.5 External Level of Service Requirements 14

4 Asset description – knowing what we have 14

4.1 Overview 14

...view middle of the document...

It explains the importance of asset management, the level of organisational commitment, and progress made to improve the quality of the information. It also summarises the key linkages with strategic and other asset planning documents, and the main issues.

1 Why Asset Management is Important?

The tertiary education sector currently manages in excess of $7 billion of public capital assets. It provides a unique service and requires capital assets that support excellent educational outcomes, including facilities, base infrastructure and specialist teaching equipment. The effective management of assets is therefore an essential business process, providing the opportunity for organisational efficiencies, improved asset utilisation, reduced operating costs, more effective use of capital.

An Asset Management Plan (AMP) is a key part of the asset management process. It provides a description of the overall system components, and summarises key asset and planning information at a single point in time. Its primary purpose is to identify the financial consequences of delivering education services through physical assets, describing:

• the importance of physical assets to delivering organisational objectives and outcomes;

• the quality of existing physical assets in terms of condition and asset performance;

• the assets needed to meet or sustain current levels of service, and to address current and future shortfalls;

• the feasible asset and non-asset solutions to address identified shortfalls; and

• the level of organisational commitment and planned improvements.

2 Organisational Commitment

• Describe the Council involvement in capital asset management and the associated reporting requirements.

• Identify the primary management positions with specific capital asset management responsibilities, including the CAM ‘champion’.

• Identify the members of the Asset Management Steering Group and describe its activities and links with other management groups.

3 Progress Made

• Briefly document the history of asset management planning for the organisation and service.

• Shows evidence that progress is being made and the organisation is committed to implementing asset management planning as a ‘business as usual’ process.

4 Strategic Linkages

• Briefly describe direction from the following perspectives:

o Organisation vision and objectives

o Service planning, i.e. strategic direction for the service being delivered

o Investment Plan

o Annual or business plans

o Key planning assumptions and constraints

• Linkages between Asset Plans within the organisation

• Linkages between Asset Plans on a regional and national perspective

• Linkages with community, government and industry

5 Organisational Asset Management Linkages

Describe the linkages with other organisational asset...

Other Essays Like Assett Management Plan

The French And Indian War: The "Real" First World War

1955 words - 8 pages The Seven Years War, or more commonly referred to as “The French and Indian War”, has been called the true First World War. In this book The French and Indian War: Deciding the Fate of North America, the author and historian Walter R. Borneman paints a detailed and elaborate picture that justifies the claim of it being the first true war of global proportions. If ever there truly was a climax to the never ending feud of the European powers

Is The Use Of Animals In Medical Research A Necessary Measure?

1513 words - 7 pages Throughout history, animals have been used in experiments to test product safety and obtain medical knowledge that benefits both humans and animals alike. Every year there are numerous medical breakthroughs, such as medications and surgical instruments, which are tested on animals to insure their safety before they are deemed acceptable for human use. Even though the results of the experiments saved millions of human lives, they are also

Education And The Evolving Job Market

2363 words - 10 pages teachers to figure out what it is that their students already know and what must still be learned (Gregory, et. al., 2007). Pre-assessing students for readiness, interest, and/or preference is key to ensuring that teachers do not continue to treat all students in the same way (Burgrraf, 2004). This step should be done at least a week before the upcoming unit in order to give a teacher enough time to effectively plan instruction and complete

Young And Relentless

1737 words - 7 pages There are numerous influences that can be responsible of teenager’s behaviors and attitude as they develop. One factor that is important to these behaviors is parental figures being over involved or uninvolved in their children’s lives. Many of these effects include illegal substance abuse, rising sexual activity, underage alcohol consumption, and tobacco use. Studies show parental participation plays a key role in the characteristics developed

The Natural Law Theory

1231 words - 5 pages . Committing suicide would mean denying gods plan and nature’s law because humans were created to rear offspring which means taking care of one’s own life is necessary to keep the cycle continuous. The course of life gives trials and tribulations but are set that way on purpose, understanding that the law of nature and even greater the divine law would guide never to end a life that nature has not determined to end itself. Taking the experiences and

Resolved: Presidential Signing Statements Threaten To Undermine The Rule Of Law And The Separation Of Powers

1811 words - 8 pages The subject of signing statements has created much debate among the houses of Congress, government officials, and the public alike. These signing statements fall under the categories of constitutional and legislative history signing statements. Constitutional signing statements are those in which the president deems certain provisions of the legislation as unconstitutional, therefore they should not be enforced (Bradley & Posner, 2006

Oppressive Systems Of Government In Egypt And Animal Farm

1529 words - 7 pages As in Egypt, Orwell demonstrates through his allegorical novel “Animal Farm” that leaders are able to establish and maintain power over a people, and in turn create an oppressive and corrupt government system. Orwell shows the significant difference in the education and levels of knowledge in the animals, and how the government takes advantage of this difference. The split between the levels of intelligence is portrayed in the first chapter when

The Pathway To Psychosis

1415 words - 6 pages “How all occasions do inform against me” is a line from act IIII, scene IIII of William Shakespeare’s Hamlet. This line, spoken by Hamlet, expresses his emotional state as he is currently overwhelmed by the death of his father, the king of Denmark, and the situation surrounding it. After Hamlet learns of his father’s death he finds out that his mother has married Claudius, Hamlet’s uncle. On top of all of that, Hamlet soon after

Rated “M” For “More Censorship Not Needed”

1241 words - 5 pages Since the moment video games became a commercial success there have been people who have pushed for unfair amounts of censorship to be placed upon the content of the games and its availability to children. These groups push for increased regulations on content but there is already an appointed group to handle this issue, the ESRB. Even though there has been an increase in mature content in the video game industry, increased censorship is not

Four Components Of A Legally Astute Social Media Marketing Manager

1914 words - 8 pages With the advances in technology constantly changing companies have to find better ways to market their products to consumers. The explosion of Facebook has given companies a way to market products to consumers. Examine how a legally astute manager can use social media to his advantage. Review different forms of dispute resolution and determine which one works the best. What is the best course of action, the government can use to

Obama's Values

1217 words - 5 pages As individuals, we don’t tend to take action unless it’s for self-interest; however, in Dreams from My Father, Obama spends three years, after college, as a community organizer in Chicago. Obama goes through tribulations, disappointments, and even complete failures organizing meaningful events, decisive meetings, and humble gatherings but he keeps working toward achieving any possible change in the community. Even though results give him every

Related Papers

The Separation Of Capital Ownership And Control

1577 words - 7 pages The argument of whether the separation of capital ownership and control is an efficient form of organization has constantly been a controversial issue. The criticism whether the controllers’ act is in the best interest of the owners’ wills never end as long as hired managers operate management. As the number of public companies has been increasing over the course of this century, meanwhile the American style of contact based corporation has

The Versatility And Flexibility Of Oled's

1014 words - 5 pages In April 1, 2002, organic light emitting diodes gain rise in the scientific community with their published, more practical form at Ames Laboratory. “Scientists at the U.S. Department of Energy's Ames Laboratory, in collaboration with scientists at the University of Michigan, Ann Arbor, have developed and demonstrated a novel, fluorescence-based chemical sensor that is more compact, versatile and less expensive than existing technology of its

Comparing The Moral Virtues Of Antony And Julian The Apostate

1103 words - 5 pages Roman emperor Julian the Apostate and Christian leader Antony both exhibited many qualities of character during their existence. Both of them led very distinctive lives although shared several ethical values. Book 25 of “The Later Roman Empire” and the book “Early Christian Lives” show concrete evidence of this. In the following essay, I will argue how both leaders’ lives were devoted to their religious beliefs and their mutual cardinal virtues

Living In A Cashless Society Essay

1637 words - 7 pages Money in a traditional sense no longer exists. Money is becoming much of a concept than a physical material, and most ordinary bitter have not see the reality of the switch. People today are using credit and debit cards on a regular basis and in everyday situations such as meal purchased at fast food, highway tolls, clothing, groceries, gas stations, etc. all of these means of systems could be regarded as a cashless society or world. The question