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Strategic Asset Management Plan (SAMP)
In accordance with ISO 55001, a SAMP is documented information that specifies the following:
  • how organizational objectives are to be converted into asset management objectives,
  • the approach for developing asset management plans, and
  • the role of the asset management system in supporting achievement of the asset management objectives

Relationship to Corporate Plan
A strategic asset management plan is derived from the organizational plan. A strategic asset management plan may be contained in, or may be a subsidiary plan of, the
organizational plan.




Attributes of the SAMP
A SAMP must have the following attributes:
  • Alignment with the Organizational/Corporate Plan (OCP)
  • The asset population


Components:
The SAMP must contain the following
  • Asset management objectives
  • Risk register
  • Other


Contents of the SAMP
A strategic asset management plan has the following components (table of contents):
  • Stakeholder Needs Assessment
The SAMP should addres the 10 "W" Questions of Asset Management
The SAMP should address the six PESTLE contexts of the organization.
The SAMP should addres the following functional/thematical plans
The hierarchy of plans in ISO 550001 from OCP to SAMP to AMPs
Fig. The hierarchy of plans in ISO 550001 from OCP to SAMP to AMPs


A chess grandmaster is thinking ahead five moves and carefully leveraging the value of each piece. And thats where the strategic advantage lies.
Fig. Asset management is more like chess than like checkers. A chess grandmaster is thinking ahead five moves and carefully leveraging the value of each piece. And that is where the strategic advantage lies in asset management.


Analyzing the words inside ISO 55000/55001 to reveal patterns in the requirements
Fig. Analyzing the approximate 27,0000 words inside ISO 55000/55001 to reveal patterns in the requirements.
Planning features prominently.



An Asset Management Plan (AMP) will optimize value by making appropriate trade-offs between risk, cost and performance
Fig. A Strategic Asset Management Plan (SAMP) will optimize value by making appropriate trade-offs between risk, cost and performance.


Decisions should consider the whole life of assets, including the I-P interval and the P-F interva
Fig. The SAMP requires that decisions should consider the whole life of assets, including the I-P interval and the P-F interval.


The hierarchy of organizational purpose with plans represented as one of the layers
Fig. The hierarchy of organizational purpose with plans (including the Strategic Asset Management Plan) represented as one of the layers.

See also:
Compare with:
Planning must be iterative, dynamic and continuous. If it becomes static it starts to look more like an old dusty blueprint rather than a live roadmap
Fig. Planning must be iterative, dynamic and continuous. If it becomes static it starts to look more like an old dusty blueprint rather than a live roadmap.



Some organizations struggle with "paralysis through analysis" (and never feel comfortable to finalize a plan) and others who perhaps fail to "look before you leap" (start too quickly).
Fig. Some organizations struggle with "paralysis through analysis" (and never feel comfortable to finalize a plan) and others who perhaps fail to "look before you leap" (start too quickly).

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