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Infrastructure Planning Office

Asset Management Program

The City’s Asset Management Program oversees the development of corporate standards and the implementation of leading asset management practices and programs in investment planning and project management.

The City must balance a multitude of competing spending priorities with limited resources. As the city continues to grow at historically high rates, the need to make sustainable, well-timed infrastructure investments is essential to ensure we continue to deliver high-quality services for residents. Investments in key services and infrastructure are critical to support a growing, thriving, modern city, now and into the future.

Asset management is not a singular activity or project; rather, it is a systematic process that facilitates decision-making in regards to the construction, acquisition, operation, maintenance, renewal, replacement, and disposition of assets in the most cost-effective manner.

In January 2015, Council approved the City’s Asset Management Policy, making asset management a core business function. The adoption of the policy established the framework for infrastructure stewardship though comprehensive Asset Management Plans (AMPs). AMPs are integrated with and help guide the long-range infrastructure investment planning process based on considerations such as affordability and, in the future, defined service levels.

Using best practices in asset management across the City ensures decisions are based on a robust, defendable, and transparent process, based on strategic priorities.

Asset Management Training Program

The asset managementis training program consists of an Investment planning training program and a project management training program.

The goals of these training programs are:

  • Investment Planning - Making the Right Investment
  • Project Delivery - Deliver the Investment the Right Way
  • Focusing on Customer Service Outcomes - Cost to deliver defined Asset Performance Targets
Last update: March 15, 2018
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