Asset Management

Guide to Asset Management Part 2 provides guidance on how community and stakeholder requirements can and should influence asset management undertaken by road agencies. As roads are provided as a service to the community, community and stakeholder requirements are the means by which that service is defined. Only through the identification, translation and integration of these requirements (as appropriate) into organisational and asset objectives can road agencies target resources effectively to deliver that service. The direction and clarity provided by an effective framework for understanding community benefits and expectations (i.e. requirements), aids in the development of policies and strategies related to road Asset Management and performance.