2018-12-11 S&O Agenda - Attachment 1 to Item 16 - Road Infrastructure Asset Management Plan

7.3    Monitoring and Review Processes for the Asset Management Plan
This first edition of AMP for the road infrastructure refers to current levels of services that have
existed over recent years. This AMP is to be a ‘living’ document reflecting actual practices used in
managing the road infrastructure. In accordance with this, Council will balance cost, risk and
performance needs for the road infrastructure.

The AMP will have a high-level annual review for developing the annual budget from the
maintenance and renewal plans. A full document review will occur on a three-year cycle, in line with
the completion of detailed condition assessments and the financial asset revaluation of the road
infrastructure assets.


7.4    Asset Management Effectiveness
The effectiveness of this AMP will be measured in terms of:
1.   Adoption of the Road Infrastructure AMP by Council.
2.   The ongoing development of good asset knowledge through a commitment to recording
     information against assets and undertaking cyclic condition assessments across the significant
     asset classes.
3.   Maintenance and renewal plans that are robust and initiate the annual budget process.
4.   Historical asset activities that are recorded and located in Council’s asset management
     system.
5.   Limited reactive work and more planned maintenance activities.
6.   The Road Infrastructure AMP becomes the reference point for all information and enables
     good decision making for asset related activities and investments.




Asset Management Plan: Roads Infrastructure                                                 Page 23