Asset management action plan

Your implementation plan

Here is a simple asset management action plan for implementing a management system based on ISO 55001.

You can use this to work out and then deliver your implementation project, or as an outline to build a more advanced project plan.

Our useful guide “Implement asset management – 7 steps to success” provides information on each of the actions steps.

 

Actions

Owner

Objective

Target

Resources

Progress

1

Context

 

 

 

 

 

 

Identify organisation context and objectives

 

 

 

 

 

 

Engage internal stakeholders

 

 

 

 

 

 

Agree scope of project and project objectives

 

 

 

 

 

 

Asset management system – carry out gap assessment

 

 

 

 

 

2

Leadership

 

 

 

 

 

 

Identify benefits and engage top management leadership and commitment

 

 

 

 

 

 

Confirm project alignment with the organisation objectives

 

 

 

 

 

 

Integration into business planning and processes

 

 

 

 

 

 

Establish outline asset management policy principles

 

 

 

 

 

 

Agree top management, project board and project team roles and responsibilities

 

 

 

 

 

3

Planning

 

 

 

 

 

 

Establish project risk and opportunity management; align with corporate risk framework

 

 

 

 

 

 

Agree asset management project objectives

 

 

 

 

 

 

Develop and document the project plan

 

 

 

 

 

4

Support

 

 

 

 

 

 

Analyse and agree project resources

 

 

 

 

 

 

Identify and acquire project competence requirements

•       Top team briefing

•       Asset management training for the project team and asset management roles

•       Internal auditor training

 

 

 

 

 

 

Establish communication plan

 

 

 

 

 

 

Identify and acquire information requirements and information sharing platform

 

 

 

 

 

 

Set up documentation system and document management

 

 

 

 

 

5

Managing the project

 

 

 

 

 

 

Implementing the plan – launch the project and begin formal project management

 

 

 

 

 

 

Apply change management controls

 

 

 

 

 

 

Apply outsourcing controls

 

 

 

 

 

6

Performance evaluation

 

 

 

 

 

 

Apply monitoring, measuring, evaluating

 

 

 

 

 

 

Carry out internal audits

 

 

 

 

 

 

Carry out management review – Project Board / Steering Group

 

 

 

 

 

7

Improvement

 

 

 

 

 

 

Verify that the required processes have been integrated into business processes

 

 

 

 

 

 

Ensure continuous improvement processes are continued into the asset management system

 

 

 

 

 

 

Closure

 

 

 

 

 

 

Evaluate the project and carry out lessons learned

 

 

 

 

 

 

Close the project

 

 

 

 

 

We can help you

Please Contact Us for help and guidance about implementing asset management

Follow this link to see our consulting support to help you establish and improve your asset management system