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Asset Management Plans (AMPs)

  • 1.  Asset Management Plans (AMPs)

    Posted 07-02-2020 02:30 PM
    I'm going to write Asset Management Plans (AMP's) for our major equipment types, (pumps, motors, VFD's, generators, and other drinking water treatment equipment).  Does anyone have a template they would be willing to share?  From the research I've done so far it should include the following sections.  Looking for something simple and not finding a good simple template out there on the internet.  Thanks everyone!

    Contents of the Asset Management Plan (AMP)

    1. Executive summary
    2. Introduction
    3. Asset Class Information
    4. Owners & Stakeholders
    5. Levels of Service (LOS)
    6. Life Limiting Factors
    7. Health, Safety, & Environment
    8. Asset Lifecycle
    9. Financial (Budget & Capital)
    10. Risks and Risk Management
    11. Improvement Plan & Actions
    12. Conclusion
    13. Appendices


    ------------------------------
    Jennifer Lawrence-Jones
    Maintenance Planning & Reliability Manager
    Tampa Bay Water
    Clearwater FL
    ------------------------------


  • 2.  RE: Asset Management Plans (AMPs)

    Posted 07-06-2020 09:58 AM
    Jennifer,
    You're off to a good start as you have the important subjects covered. I've worked on AMPs for different utilities over the past several years, and each had a slightly different take on how to write AMPs because they have different goals in mind. I recommend considering who the audience of the AMPs will be (e.g. top leadership, external stakeholders, asset managers) and tailoring your format to be the most impactful for them.

    Also, are you writing the AMPs as stand-alone plans, or as the details that feed into a Strategic Asset Management Plan (SAMP)? Consider what information is most appropriate at the business unit or company-level (SAMP) and what is asset class-specific (AMP).

    I've found this template for an AMP to work for most asset classes:
    1. Overview/Executive Summary
    2. Background and Scope
    3. Levels of Service
      1. Current
      2. Future
    4. Asset Lifecycle Management
      1. Risk Management
      2. Operations Plan
      3. Maintenance Plan
      4. Capital Plan
      5. Disposal Plan
    5. Financial Summary
    6. Continual Improvement
    7. Supplemental Information

    I hope I've provided some good info for you to think about. Writing effective AMPs takes a significant amount of effort, but they're one of the most important pieces of a successful asset management program.

    ------------------------------
    Brian Kaiser
    ISO 55000 Subject Matter Expert
    Life Cycle Engineering
    Jupiter FL
    ------------------------------



  • 3.  RE: Asset Management Plans (AMPs)

    Posted 07-07-2020 02:01 PM
    Thank you - this is helpful!  Will probably write a SAMP too.

    ------------------------------
    Jennifer Lawrence-Jones
    Maintenance Planning & Reliability Manager
    Tampa Bay Water
    Clearwater FL
    ------------------------------



  • 4.  RE: Asset Management Plans (AMPs)

    Posted 07-06-2020 10:15 AM
    Jennifer, 

    the Assetivity guys in Australia have a few templates you may find useful.  https://www.assetivity.com.au/news-publications/asset-management-templates.html

    If you have any question feel free to contact me.  We have 7 Certified CAMA (ISO 55000) consultants here.  Also, Sandy Dunn (Owner Assetivity) is typically very helpful as well.

    ------------------------------
    Torbjorn Idhammar
    President & CEO
    IDCON, Inc.
    http://www.idcon.com
    Raleigh NC
    ------------------------------



  • 5.  RE: Asset Management Plans (AMPs)

    Posted 07-07-2020 02:02 PM
    Thanks - Assetitivity's info is very thorough and they have great templates!

    ------------------------------
    Jennifer Lawrence-Jones
    Maintenance Planning & Reliability Manager
    Tampa Bay Water
    Clearwater FL
    ------------------------------



  • 6.  RE: Asset Management Plans (AMPs)

    Posted 07-08-2020 09:41 PM
    Edited by Alexander (Sandy) Dunn 07-08-2020 09:44 PM
    Thanks for your kind words, Jennifer,  If I can help you in any way, please don't hesitate to ask.

    FYI, we are currently in the process of updating our SAMP template to bring it more in line with our current thinking regarding the best structure for this document, based on our experience in helping our client to create these documents.  And we are also updating our free e-book "Complete guide to Implementing ISO 55000" at the same time.

    In our experience, if you follow the guidance provided by ISO in the 2018 version of ISO 55002 regarding the content of a SAMP then this leads "shelfware" - a very large document that is difficult to maintain, is not targeted at any particular audience for any particular use, and therefore doesn't get used, other than being wheeled out periodically to satisfy an ISO audit requirement.  Our article at https://www.assetivity.com.au/article/asset-management/asset-management-strategy-vs-strategic-asset-management-plan-samp-has-iso-got-it-wrong.html explains our thinking on this.  Hence the forthcoming update to the template and e-book.

    Thanks again, and wishing you the best as you write these documents.

    Regards...

    ------------------------------
    Sandy Dunn
    Managing Director
    Assetivity
    Australia
    ------------------------------



  • 7.  RE: Asset Management Plans (AMPs)

    Posted 07-09-2020 10:58 AM
    Dear Alexander
    I am Emilio Moreno from Lima Peru, where do I can obtain the digital guide for ISO55000.
    Thanks!!

    ------------------------------
    EMILIO MORENO
    LECHE GLORIA
    LIMA
    ------------------------------



  • 8.  RE: Asset Management Plans (AMPs)

    Posted 07-09-2020 11:27 AM
    https://www.iso.org/search.html?q=55000

    ------------------------------
    Torbjorn Idhammar
    President & CEO
    IDCON, Inc.
    http://www.idcon.com
    Raleigh NC
    ------------------------------



  • 9.  RE: Asset Management Plans (AMPs)

    Posted 07-10-2020 06:28 AM
    Emilio,

    You can find a link to our e-book "Complete guide to implementing ISO 55000" at https://www.assetivity.com.au/news-publications/asset-management-templates.html.  Just scroll down towards o the bottom of the page.  If you aren't already subscribed to our weekly newsletter, then it will ask you to subscribe first before you can download it.  But you can unsubscribe at any time.

    We get a lot of complimentary feedback about our newsletter, however.  We curate items of interest relating to Maintenance, Reliability and Asset Management from all over the web, as well as including our own content - so see if you find it useful before you decide whether to unsubscribe.

    Regards...

    Sandy

    ------------------------------
    Sandy Dunn
    Managing Director
    Assetivity
    Australia
    ------------------------------



  • 10.  RE: Asset Management Plans (AMPs)

    Posted 07-13-2020 08:36 AM
    Hello Jennifer,

    As a member of SMRP, you also have a reciprocal membership to the Institute of Asset Management.  You might find our Anatomy document valuable as you embark on your asset management journey.  https://theiam.org/asset-management-an-anatomy/

    If you are not certain how to enable you reciprocal membership, contact me and I'll get you connected.  If you have additional questions, please reach out, I will be happy to help.

    Regards,


    ------------------------------
    Joe Mooney -
    Director of Communications
    Orlando FL
    ------------------------------



  • 11.  RE: Asset Management Plans (AMPs)

    Posted 07-15-2020 02:56 PM
    Didn't know that about reciprocal membership.  I will definitely check that out.  Thanks for the info!!!

    ------------------------------
    Jennifer Lawrence-Jones
    Maintenance Planning & Reliability Manager
    Tampa Bay Water
    Clearwater FL
    ------------------------------



  • 12.  RE: Asset Management Plans (AMPs)

    Posted 07-15-2020 04:56 PM
    Joe,
    I am unable to sign up on the IAM site.  It keeps telling me that my email does not entitle me to a corporate discount, even though I am attempting to join as an individual.

    Any ideas?

    Thanks,
    Larry March

    ------------------------------
    Lawrence March
    Maximo Consultant
    Cohesive Solutions
    Milan MI
    ------------------------------



  • 13.  RE: Asset Management Plans (AMPs)

    Posted 07-15-2020 05:45 PM
    For SMRP Members, this page provides access to the IAM Form for logging signing up.  

    https://smrp.org/About/Partners/IAM-Agreement

    I have been made aware that there may be a problem with processing, particularly if you supply a credit card.  The IAM office in the UK is researching the problem that was reported.  You should be given a discount code to enter into the IAM form and this should be provided by your SMRP contact.

    As soon as this is worked out, I will post an update.

    ------------------------------
    Joe Mooney -
    Director of Communications
    Institute of Asset Management
    USA Chapter
    Orlando FL

    joe.mooney@usa.theiam.org
    ------------------------------



  • 14.  RE: Asset Management Plans (AMPs)

    Posted 07-16-2020 09:31 AM
    Lawrence,

    The current working method to accomplish this is to provide your SMRP Membership information to the IAM Office at: Office@theIAM.org

    They will happily process your request.

    Regards,

    ------------------------------
    Joe Mooney -
    Director of Communications
    Institute of Asset Management
    USA Chapter
    Orlando FL

    joe.mooney@usa.theiam.org
    ------------------------------