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Community Asset Management Program (CAMP)

This guide outlines the step-by-step process for implementing Asset Management Best Practices, focusing on sustainability and continuous improvement. It covers education, visioning, design, rollout, and tracking benefits. Asset identification, hierarchy development, and maintenance actions are key elements discussed for effective asset management.

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Community Asset Management Program (CAMP)

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  1. Community Asset Management Program (CAMP) Step 6 Sustainability Step 5 Pilot/Rollout Continuous Improvement Step 4 Design Implementation, Support & Benefits Tracking Step 3 Visioning “As Is”, “To Be” Definition Based on Best Practices Step 2 Review Alignment, Vision, Mission, Mandate for Change Step 1 Education Gap Analysis & Business Case Orientation on Best Practices Concepts Asset Management GFOA Presentation April 3, 2007

  2. What is Asset Management? An integrated set of process to minimize the life-cycle costs of owning, operating and maintaining assets, at an acceptable level of risk, while continuously delivering established levels of service.

  3. Asset Management Best Practices

  4. Knowledge of:Asset owned • Asset register • Identifier • Type • Location • Manufacturer • Size/capacity • Material • Costs (original & replacement) • Installation/construction/ in-service date • Service life (initial & remaining) • Condition & performance grade • Asset hierarchy • Begin at a high level and group smaller assets • Eventually to lowest managed component • Asset numbering/ identification system • Logical & simple system • Unique IDs but linked to hierarchical assets • Single/dual database • CWMS – vertical/rolling assets • GIS - linear assets

  5. Proceed Top-Down along logical steps T o p D o w n T o p D o w n Establish Levels of Service Develop basic asset hierarchy Determine criticality and probability of failure Perform high-level risk assessment Prioritize assets by risk B o t t o m U p B o t t o m U p Implementation Plan Select and prioritize CIP projects Run predictive model Gather data by highest risk asset Condition Assessment Populate Asset Register Refine maintenance actions

  6. Develop basic asset hierarchy • Develop hierarchy based on available information • Initially, stay at Level 4 (subcomponent) and above • Group subcomponents as appropriate

  7. Asset Hierarchy Example

  8. Asset Definition • Decision • What level is the asset defined at for capitalization • May be different for collecting costs for repair/replace decision making

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