If you ask anyone on site to show you their asset management plan (AMP) for a piece of equipment you are typically referred to the maintenance department and shown the scheduled maintenance tasks in the CMMS. While this is an important part of the strategy, it is not the whole picture.
A well-constructed asset management plan spans beyond maintenance, and should not be a ‘set and forget’ document that sits on the shelf in a maintenance manager’s office. It is the core document that enables cross functional alignment and agreement on how the machine or area of the plant will be maintain and how it will be shutdown in a scheduled manner. There are a number of key elements which we believe form the basis of a well-balanced Asset Management Plan. These include: