Asset Management System Implementation Principles:  The Forever Principle
Asset Management Partnership LLC, www.assetmanagementpartnership.com

Asset Management System Implementation Principles: The Forever Principle

The AMP Newsletter article that published the only forever Asset Management System (AMS) Implementation Principle was released last week. This forever principle recognizes asset management is a continual improvement learning journey that goes on for as long as the organization cares about the role assets have in value generation.

This completes the miniseries of AMS Implementation principles that include foundational, operative, formative, and forever principles as follows:

Foundational Principles:

Operative Principles:

Formative Principles:

Forever Principle:

Organizations can use these principles to evaluate the products of AMS decision making and value generation. In this context, asset management is only a means to generate value. Systematic value generation is advantaged through standards-based approaches and an Asset Management (AM) Framework. These principles give insight to help organization’s quickly develop robust, responsive AMS solutions. Doing so minimizes time and effort required to manage assets and provides more time and energy for operational activities and achievement of key stakeholder needs and expectations.


You can learn more about Asset Management System Implementation Principles by going to: https://assetmanagementpartnership.com/amp-newsletter


Written by: Jack Dempsey | November 5, 2024

AMP Newsletter #097

Copyright ? 2024, Asset Management Partnership LLC. All rights reserved.

Peter Cholakis

Improve facilities repair, renovation, maintenance, and new build outcomes and reduce costs

3 周

Well said! The integration of People, Process, Information, and Technology via a robust framework that enables collaboration and continuous improvement is indeed the path to Sustainable Built Environment Management. https://4bt.us/simple-guide-to-lean-construction/

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