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  4. Asset Management Assessment

Asset Management Assessment

WSP has developed an industry-leading Asset Management Capability Assessment Model (am2c) that draws on three decades of experience in managing critical infrastructure.

The model is mapped to global best practices – including: 

  • Requirements in the International Standard ISO-55001:2014
  • Requirements in the landscape documents published by the Global Forum in Maintenance and Asset Management, and the Institute of Asset Management
  • Industry guidelines, and national legislation
  • Risk management set out in ISO-31000:2009
  • Reliability and Maintenance industry best practice
  • Industry best practice for Continuity of Operations Planning (updated in 2020 – to include Pandemic resilience)

The model provides an assessment of an organization’s asset management capability based on the degree of formality and optimization of processes and practices—from ad-hoc, to formally defined steps, to managed results, to active optimization. Its output is used to evaluate and benchmark an organization and support the development of an asset management improvement program.

WSP’s am2c model assesses an organization against the broadest scope of capabilities that define best practice asset management. The capabilities are grouped into eight assessment areas, or pathways, that describe specific operational processes for asset management success.

Endorsed Assessors

As Endorsed Assessors of the Institute of Asset Management (IAM), WSP conducts assessments in compliance with the IAM requirements and in accordance with our standard. This approach ensures a consistent and repeatable assessment and provides access to a significant global benchmark pool. Our assessors are qualified through our internal certification process or through IAM Certification or through Certified Asset Management Assessors (CAMA) qualification. 

 

am2c logo iam-endorsed assesor