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Home > Asset Investment Planning > What is it?

All modern economies are underpinned by a vast infrastructure of roads and other transport systems, water supply, waste disposal, telecommunications and energy networks. This infrastructure represents major investment which has been built up progressively over the last 100 years. To ensure this infrastructure continues to provide sustained and economic service, asset operators must adopt new approaches that meet today’s asset management challenges.

Asset management and investment planning is therefore crucial to capital-intensive organisations. These businesses need to:

  • Balance cost against performance and risk
  • Reduce cost whilst maintaining customer service
  • Balance value by cost/benefit analysis
  • Develop a framework to improve asset knowledge and performance
  • Ensure improved corporate governance
  • Improve stakeholder communication
  • Obtain optimum price determinations from regulators
  • Maximise the value of the asset base

Effective asset investment planning will enable organisations to achieve long-term business performance improvements and cost reductions – increasing efficiencies and increasing profitability.