Asset Management Manual
A guide for practitioners!
The AMP explains the basis for the allocation of budgets and the development of financial plans. It provides evidence to justify the levels of budgets that are necessary and the likely impact different funding scenarios may have on the performance of the asset (PIARC 2005, PIARC 2016.2). Through the AMP, asset management may be set in the wider business context and provide support for needs, etc. The plan also provides information on how asset management, including works programs, will be delivered and funding requirements met. Consideration should also be given to how the AMP links to or incorporates the highway maintenance plan as well as short- and long-term transportation planning.