Asset Management Policy & Strategy Development for NAIT, Government of Saskatchewan, Municipalities

An asset management plan and policy serve as crucial tools for organizations aiming to optimize their asset utilization and management. These plans and policies provide a roadmap for maintaining and upgrading assets, ensuring cost-efficiency, and enhancing operational reliability. By implementing a well-structured asset management plan, organizations can make informed decisions regarding asset lifecycle management, reduce operational costs, and improve overall productivity. However, developing an effective asset management plan poses several challenges like availability and accuracy of asset data, financial and human resource constraints, stakeholders engagement and advancements and regulatory changes. This proposal aims to develop an Asset Management Policy and integrated Strategy for Northern Alberta Institute of Technology (NAIT) and Government of Saskatchewan, involving best practices, policy research, drafting and finalization, tool evaluation, resource identification, service level determination, implementation planning, monitoring updates, and capital planning process updates.

Faculty Supervisor:

Golam Kabir

Student:

Partner:

ASI-Asset Strategy Inc.

Discipline:

Engineering

Sector:

Professional, scientific and technical services

University:

University of Regina

Program: