The Fire Service owns or leases a wide range of assets, from land, property and vehicles to operational equipment, IT and software. These assets are used to support all Fire Service activities and must therefore achieve an appropriate level of performance. Additionally, these assets represent a considerable investment and many have high opportunity costs or the potential to incur high operating costs.
These assets must be managed effectively and investment targeted to ensure that they contribute towards the continuous improvement of service delivery. Asset Management Planning, which is a business discipline for managing the life cycle of assets to achieve a desired service level while mitigating risk, is used to do this.
The objective is to optimise the whole life business impact of costs, performance and risk exposures (associated with the availability, efficiency, quality, longevity and regulatory/safety/environmental compliance) of our physical assets.
Asset Management Planning encompasses management, procurement, financial, customer, engineering and other business processes. It is not a document or a system, but is instead a business discipline enabled by people, process, data, and technology.
The information in the Asset Management Plan assists the Service in:
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Providing resources that meet needs |
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Ensuring that resource decisions are consistent with the Services objectives and service requirements, and are integrated in to the corporate planning process |
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Prioritising decisions on spending and evaluation of capital projects to ensure, and demonstrate, value for money |
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Identifying opportunities for innovation or collaboration |
| How this Plan fits with other Service Plans |
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