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Navigating Service Level Expectations: Asset Management Planning
Author(s) -
Baird Gregory M.
Publication year - 2011
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.2011.tb11397.x
Subject(s) - it asset management , asset management , business , financial plan , asset (computer security) , process management , financial management , plan (archaeology) , finance , service (business) , process (computing) , computer science , marketing , computer security , archaeology , history , operating system
This article discusses the value of an asset management plan or infrastructure financial management plan. The article discusses the concept that sustainable management requires the integration of asset management and long‐term financial planning. This concept is captured through the development of a comprehensive asset management plan. The process of developing asset management or infrastructure financial management policies, strategies, and plans is discussed in the article and includes three major steps: service planning; asset management planning; and, financial planning.