3.4 Content of AMPs
AMPs typically provide details of the specific tactics and financial programs for each asset portfolio, including operations and maintenance, renewals, new asset capital and asset disposal programs. Road agencies may choose to use Section 4.2.4 of the IIMM (IPWEA 2015) as a guide in preparing and implementing their own template and outline structure, including levels of service, future demand, risk management, life‑cycle management (maintenance activities, renewal forecasts, new capital programs, etc.), financial information and asset management practices improvement plans.
The following steps should be considered when preparing AMPs:
- Determine the purpose of the AMPs and how they are related to the SAMP (if a separate SAMP is in place or to be prepared).
- Determine the asset portfolios for which the AMPs are to be developed and applied.
- Determine an annual timetable for developing and reviewing the AMPs and link the timetable to the organisation’s budget development cycle.
- Establish, or review, the process for the development of the AMPs, including leadership, stakeholder involvement, likely users and who will be responsible for preparing them.
- Task a cross-department asset management team to prepare the AMPs and coordinate all required inputs.
- Consider the maturity levels and organisation objectives and targets and determine at what level the AMPs should be targeted, ranging from a minimum level to an advanced level, with other levels between these extremes to suit the organisation.
- Monitor the implementation and effectiveness of the AMPs once they have been approved, adopted and communicated.