Territory Stories

2009 Corporate total asset management plan



2009 Corporate total asset management plan

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Darwin City Council


City of Darwin reports; Reports; PublicationNT




Made available via the Publications (Legal Deposit) Act 2004 (NT).






Darwin(N.T.) -- Council -- Periodicals

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Darwin City Council

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35 Corporate Asset Management Plan CCoorrppoorraattee AAsssseett MMaannaaggeemmeenntt PPllaann 5.0 Lifecycle Management Lifecycle management includes all aspects associated with managing an asset now and into the future. Lifecycle Management covers: Maintenance Strategies; Operational Strategies; Renewal or Rehabilitation Strategies; Expansion Strategies; Augmentation Strategies; and Disposal Strategies. Each AMP will include plans to cover each of the above strategy area. The Lifecycle Management Plans will identify strategies and actions that can be used throughout the lifecycles stages, to make the best use of the available resources so the assets will continue to meet the target level of service now and into the future. 5.1 Introduction to Lifecycle Management The following figure illustrates the lifecycle of assets and associated management techniques, starting at the planning stage through to the final disposal and audit and review of performance. AUDIT DISPOSAL RATIONALISATION REPLACEMENT REHABILITATION PLANNING STRATEGIES CREATING & ACQUISITION ACCOUNTING & ECONOMICS OPERATIONS MAINTENANCE CONDITION & PERFORMANCE REVIEW

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