Discuss the “whole of life” approach to asset management as it applies to an asset with which you have been involved. Compare and quantify the scale of typical lifecycle costs associated with this asset.
In relation to the process for asset management planning, outline the framework of such process considered most appropriate taking into account your organisation’s environment, and how that would be best achieved over time. Use literature on asset management or examples with which you are acquired.
Headings in my lecture notes are : Aprocess for Asset Management, Lifecycle Asset Management Activities, A framework for Asset Management, Corporate Direction for Asset Management, Asset Management Policy.
With respect to a particular infrastructure service, identify and discuss the factors relevant to the organisation and the sevices provided that may impact on the demand for a change in the level of service or new service(s).
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