AMS Implementation Principle: Decision-Making Alignment and Accountability

Asset Management System Implementation Miniseries

This AMP Newsletter highlights how the Decision-Making Alignment and Accountability Principle supports implementation of an ISO 55000/1 conforming Asset Management System (AMS) and its enabling Asset Management (AM) Framework.  The AM Framework, shown below, establishes a decision-making logic that coordinates different Management Activity Groups (MAGs) to operationalize an organization’s AMS.  The purpose of the AM Framework is to define value and apply this definition to drive organizational performance and value realization.

Asset Management Framework

The Decision-Making Alignment and Accountability Principle is defined in the US National Academies report Strategies to Renew Federal Facilities as follows:

Decision-Making Alignment and Accountability: Facility asset management system decision making must integrate and reconcile objectives, resources, and performance management activities to promote stakeholder confidence in them.

The balance of this article will establish context, ISO 55000/1 alignment, AM Framework reduction, AM Framework implementation, and derived benefits from the Decision-Making Alignment and Accountability Principle.