Essay On Airport Asset Management Plan

Airport asset management strategies, plans and for the development consideration it is essential to have outputs from the assets, both now and in the future. Asset management plans make use of master arrangement and other airport planning action outputs to determine what the assets need to do in order to sustain these plans. Which includes understanding the imminent malfunction modes in terms of levels of service, guideline, ability and physical failure. The management of renewal and operations maintenance of both existing and new assets to achieve the fixed strategic objectives plays a key role. Asset management plans include many variants of the subsequent content:

Overview of the both new and old facility,

Levels of service after evaluating current performance and targets,

Strategies and investments to close performance gaps,

Risk assessment,

Risk mitigation,

Renewal plan,

Demand and development,

Capital plan,

Improvement of business,

Challenges for implementing the plan, and

Human resource requirements to implement the plan.

One of the perfect process for developing an asset management plan as answering five core questions. The five core questions are [2]:

1. What is the state of the assets?

2. What is the required level of service?

3. Which assets are critical to sustained performance?

4. What are the best operations, maintenance, and capital investment strategies?

5. What is the best funding strategy?

Answer of the question one will give overview progress, update of the primary asset. Financial and performance information needed as major part of the investment planning phase. The investment decision making is then determined by Question two, where the answer will provide in brief the levels of servi...

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... Electronic document management system for operations and maintenance manuals and as built drawings,

Data warehouse for data sharing between applications,

Facilities management system.

For small airports, fully integrated systems are not always necessary. Previous study point towards that small airports (processing around 5 million passengers per year) are able perform maintenance and capital planning tasks using spreadsheet tools developed by airport staff.

2.5 Organisation and People Enablers:

The key to making any major decisions is for the senior management team to have a very clear knowledge of what it is they are trying to achieve and why the approach they are taking is likely to be successful. Some Asset Management organisations are organised around multi-disciplinary, cross-functional teams where all staff are authorized to make their own judgment.