Asset Planning & Management

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Chair: Fred Wellman
Vice-Chair: Lucas Keeton CCT, CST
Technical Board Liaison: Jeffery J. Borowicz, CCP CEP PSP FAACE

The scope of the Asset Planning and Management Subcommittee encompasses strategic asset management, including identifying asset requirements through asset performance assessment. The Subcommittee will support the development of procedures and processes related to business planning related to asset development and management – from planning, acquisition, development, and operations, including asset modification, demolition, and disposal.

An important function of a subcommittee is the development of AACE recommended practices (RPs). These are peer-reviewed documents (usually < 10 pages) that define the specifics of particular methods or procedures, often derived from past papers and articles. Click here to learn more about the RP Development Guidelines and Process.

Latest Discussion Posts

  • Welcome to the Asset Planning and Management Community! Our goal is to connect practitioners who are advancing how organizations plan, manage, and optimize their physical assets throughout the asset lifecycle. Here you'll find discussions, resources, ...

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  • The majority of our collective RP guidance focuses on project delivery. The decisions that determine capital project outcomes are made well before that. IPA's database of 24,000+ projects confirm it. Every one of the five failure dimensions in their ...

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  • Marifran, Thank you for sharing your experience with analyzing SOGR projects. In your experience, how have organizations improved forecast reliability, and what additional criteria (if any) do you think would be relevant to consider when prioritizing ...

  • Hi Lucas, I moved 3 years ago to the Asset Management team of my organization to help them to mature the program controls of the State of Good Repair Projects, this has been a steep learning curve and the main challenges these teams is the ability to ...

  • Hello APM Subcommittee Members: Purpose The purpose of this post is to start a discussion around a recurring challenge in capital planning and portfolio management, and to encourage members to share their experiences, viewpoints, and practical ...

    1 person likes this.

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