Everyone has heard that proper planning for building assets prevents poor performance, but SPM Assets can actually help you put plans into place that will make managing your assets streamlined, cost-effective and less challenging. Finding the best approach for asset management planning can be a challenge, so getting a head start on the process with help from SPM Assets will keep you on top of renewals, replacements, future asset acquisition and depreciation. Having a structured but still flexible plan allows you to adapt to changing industry standards or technology, and SPM Assets aligns with ISO 55000 so our tailor-made asset management plans follow the industry's best standards.
Access to experienced resources to plan collaboratively.
Gain a solid basis for your budgeting, forecasting and investing.
Attain an independent business case to get the budget you need.
Asset management planning isn’t just about set and forget, you need to manage your assets throughout their entire life cycle; from acquisition to disposal or renewal. SPM Assets can help you ensure your assets are properly maintained optimally and cost-effectively with our extensive knowledge of management planning.
Planning for the life cycle of an asset requires detailed attention to strategies for maintenance, renewal, and cost-effective upgrades, so that you aren’t caught out if an asset needs to be replaced or comes to the end of its life. By working with SPM Assets to implement a life cycle asset management plan you won’t be caught out by unknowns.
Expertise across multiple portfolio types: education, housing, government, etc.
Up to date asset reference libraries, providing access to over $150b of asset data.
Deep domain knowledge effectively working and growing since 2001.
Creating an asset management plan is the first step to transforming how you track your asset needs, but one of the most important factors to account for is difficult - future changes. While we can’t predict the future, we can ensure that during the asset management planning process, you take steps to allow for future technological changes, environmental shifts, industry changes, and population growth - all of which can impact how cost-effective your assets are. By planning proactively, you can more easily adapt to change, and keep on top of unexpected impacts.
Claire Winter, Heritage New Zealand
Bruce Hay-Chapman, BRANZ
Phil Pavey, City of Greater Geelong
Annetta Purdy, Waikato District Council
Hiran Lala, Broadspectrum NZ
Andre Fredericks, Eke Panuku Development Auckland
Nairi Mozian, Australian Catholic University
John Glen, Auckland War Memorial Museum
Phillip Sorbello, Cumberland Council
An asset management plan is a framework for an organisation to track the management of its assets, including inventory, current status, and planning for future asset disposal or renewal. The aim of an asset management plan is to ensure maximum value and performance from all assets.
SPM Assets works closely with you to conduct an initial asset assessment and create a tailor-made plan, then carry out ongoing monitoring and optimisation so your asset management plan ensures you the best value throughout the life cycle of your assets.
Developing an asset management plan requires detailed analysis of your assets, including an assessment of their current status, formulating strategies to manage their life cycle, and financial planning to account for future asset acquisition or disposal.
A solid asset management plan needs to be strategic and structured, outlining exactly where an organisation's assets stand, with a focus on risk management and life cycle planning, as well as being financially sustainable in the long term.
Your plan should include a comprehensive list of your assets, levels of service, life cycle management, risk mitigation, financial planning, and tracking of current and future performance. It is also important to establish a process to monitor and review your plan as needed.