5941 Whole Life Asset Management
On successful completion of the assignment, the student will be able to:
- Critically appraise an asset management strategy
- Develop an asset management strategy including detailed plans for capital investment, maintenance and disposal.
- Understand the implications for managing over the whole life of an asset.
Local Authority Schools Asset Management
Critically appraise your group’s asset strategy as set out in your presentation during the module (1000 words)
(Consider using one of the established asset management frameworks to structure your answer. There is no need to include your group slides or detail the AM frameworks)
Write a report providing a revised and justified asset strategy and outline asset plans for the local authority schools programme (4000 words)
Note: In order to carry out part B you need to look at resources outside the lectures. You are expected to consult ISO 55000 to understand the key concepts. There is an expectation that you will research the relevant strategy areas to develop your answer. You are advised to read the AAMCOG(2011), PAS55 and ISO 55000 guides. The report should be a coherent report and each section should not be treated in isolation. You must present a logical response. The key to this report is how you link client’s requirements (services/business) to the physical asset strategy and plans. Your reasoning and justification should be explicit. If you wish to include an appendix they must be no more than 1000 words.
All conventions with regard to referencing and citations must be followed. Tables, diagrams or pictures that do not directly contribute to the work should not be included.