Asset Management Plan (AMP)

Definition - What does Asset Management Plan (AMP) mean?

An asset management plan (AMP) for public infrastructures such as sewer networks and water pipelines is created by assessing the performance of installed infrastructures and managing them to optimize their serviceable life. Asset management can give municipalities the required information in order to take appropriate action at the right time. Trenchless inspection methods such as closed circuit television (CCTV) inspection can be used to assess the condition of assets. Trenchless rehabilitation techniques such as cured-in-place pipe (CIPP), sliplining and pipe bursting are some useful methods that can be used to manage assets that are damaged or have reached their life expectancy.

Trenchlesspedia explains Asset Management Plan (AMP)

The asset management plan (AMP) aims at assessing the condition of assets while they are in service. Asset performance will depend on the level of service such as capacity, reliability and ability to meet customer demands with least disruption. This will help determine the remaining serviceable life of the asset and also will give an approximate time at which if the asset is serviced, will extend its serviceable life by means of maintenance and repair. The other factors that are considered in an AMP are factors such as technical advances, increase in operational requirement because of community growth and whether a full replacement will be more feasible than a partial rehabilitation. CIPP, sliplining and other trenchless methods are very useful for the purpose of rehabilitating pipes as the process can be carried out from manholes or with minimum excavation.

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