Asset Management Plans (AMPs

Goal 3 - Undertake a detailed assessment of the resources required to implement this Asset Management Strategy and ensure it is integrated with the other Resourcing Strategies so that a program of improvement and milestones can be implemented and performance managed. Goal 4 - Identify the maintenance and renewal ‘shortfall’ and any renewal and replacement ‘backlogs’ for all asset groups. Goal 5 - Develop comprehensive Risk Management Plans for all major asset groups. Goal 6 - Integrate all knowledge and asset management systems for infrastructure assets. Goal 7 - Review and maintain Asset Management Plans for all major asset groups already developed. These goals have been incorporated into an Asset Management Improvement Plan, detailed in Appendix 2

Asset Management Plans (AMP’s) are detailed long-term plans that outline the asset activities for each asset category. An AMP has been developed for each major asset category as illustrated in Council’s Asset Management Framework diagram. Council’s operational Asset Management Plans contain, as a minimum, the following items: ▪ The objective or purpose of the asset and its components in providing service/s ▪ The service levels Council currently delivers and any future challenges ▪ Forecasted future demand requirements for service delivery ▪ A description of the assets and details of the current asset inventory ▪ Identification of assets critical to the Council in service provision ▪ Risks associated with assets and their management ▪ Financial projections for operation, maintenance, renewal and replacement including any gaps or renewal backlogs ▪ Assumptions, exclusions, and observations on the maturity of data presented ▪ Maintenance, renewal, and disposal programs ▪ Key performance measures ▪ An Asset Management Improvement Plan. Council subscribes to NAMS+, which is an Institute of Public Works Engineering Australasia initiative for Local Government, to assist in the development of asset management planning. The NAMS+ suite of templates has been used for development of the Asset Management Plans as ‘core’ plans, which are practical documents designed to be easily understood and used by asset managers. The level of detail within each individual plan is dependent upon the scope and size of the asset category contained in the plan together with the level of asset data maturity. Annual review of the individual Asset Management Plans is required to ensure they provide a useful and upto-date management tool and reference document. The review of the AMPs will include changes in objectives, policies, service levels, systems, technology, and any other relevant amendment including changes to community expectations.

Over time Council will work from ‘core’ asset management towards ‘advanced’ asset management planning, through a cycle of continuous improvement that will support the changing needs of Council and the community. A summary of each Asset Management Plan has been included in this strategy.