AM Framework: MAG #3 - Capabilities Assessment - Overview, Purpose, Outcomes

AM Framework Miniseries - Reloaded

This article continues the AMP Asset Management (AM) Framework miniseries and provides the first half of an overview of Management Activity Group (MAG) #3 – Capabilities Assessment – Overview, Purpose, and Outcomes.  The next newsletter will cover the second half titled MAG #3 – Alignment, Scope, and Outputs.  This AM Framework is shown below and introduced in earlier newsletters titled AM Framework Overview & History and AM Framework Context.

Asset Management Framework

Overview

MAG #3 applies MAG #2 - Asset Management Objectives. Asset Management Objectives are the universal means to define what is important about asset performance, the Asset Management System (AMS) operations, and the organization's approach to asset management. MAG #3 uses Asset Management Objectives across a wide range of activities to include:

• Asset inspections and assessments,

• Reporting of asset status and condition,

• Preventative maintenance actions, activities, and reporting,

• Quality Control and conformation of AMS ac…