An asset management plan merges an organization's strategic plan and asset policies into a long-term action plan.

More formally, a Strategic Asset Management Plan (SAMP) is a planning tool that clarifies intentions, priorities, and practices. A SAMP considers the combination of organizational needs, customer expectations, the realities of existing assets, and organizational capacity.

Developing a SAMP requires cross-function and cross-department collaboration. Because a SAMP takes a long view, it often conflicts with short-term objectives. The focus on documentation, standard processes, and integration creates additional challenges for plan developers.

This session will provide tips, tricks, and pitfalls to avoid when facilitating Strategic Asset Management Plans. Some of the key learning objectives are:

• Understand challenges associated with SAMP development.
• Apply best practices for SAMP development.
• Identify facilitation practices that are unique to SAMPs.
• Improve collaboration between participants.
• Apply five techniques that move SAMP facilitation from good to great.

About the Presenter

JD Solomon is the founder of JD Solomon, Inc., a company providing solutions for program development, asset management, and facilitation at the nexus of facilities, infrastructure, and the environment. He is the creator of the FINESSE fishbone diagram and the author of two books, Communicating to Decision Makers and Facilitating with FINESSE. JD is a recognized asset management, reliability engineering, and risk management expert.