01 Asset Management
What is Asset Management? - answerA structured approach to managing Air Force
assets based on business case principles standardizing levels of service and balancing
cost, risk, and benefits to maximize the value of assets to the Air Force mission.
The Four Questions of Asset Management? - answer1. What assets do you have?
2. What condition are your assets in?
3. What mission requirements does this asset help fulfill?
4. What are you going to do about it?
What are the three pillars? - answer1. Data
2. Leadership
3. Communication
What are the 5 Principles? - answer1. Value
2. Performance
3. Lifecycle
4. Risk
5. Visibility
Value Principles? - answerWhy are we maintaining it? Why does it matter?
-Mission/stakeholder dependent
-What makes an 'asset'!
Visibility Principles? - answer-Is your data representative of what's happening at your
installation.
-Used to track asset performance, lifecycle, and risk
-Data-driven decision making
Risk Principles? - answerHow much risk are you willing to take with a certain asset.
-Considered and balanced
-Mission focused
Lifecycle Principles? - answer-Proactive maintenance
-Lowest-cost investment
Performance Principles? - answer-SMART metrics and goals
-Specific, Measurable, Attainable, Realistic, Time-Based
-Activity-level performance
Visibility tools - answer1. NexGen IT - Real Property & Work Mng Sys.
2. Sustainment Mng Sys - BUILDER & PAVER
What is Asset Management? - answerA structured approach to managing Air Force
assets based on business case principles standardizing levels of service and balancing
cost, risk, and benefits to maximize the value of assets to the Air Force mission.
The Four Questions of Asset Management? - answer1. What assets do you have?
2. What condition are your assets in?
3. What mission requirements does this asset help fulfill?
4. What are you going to do about it?
What are the three pillars? - answer1. Data
2. Leadership
3. Communication
What are the 5 Principles? - answer1. Value
2. Performance
3. Lifecycle
4. Risk
5. Visibility
Value Principles? - answerWhy are we maintaining it? Why does it matter?
-Mission/stakeholder dependent
-What makes an 'asset'!
Visibility Principles? - answer-Is your data representative of what's happening at your
installation.
-Used to track asset performance, lifecycle, and risk
-Data-driven decision making
Risk Principles? - answerHow much risk are you willing to take with a certain asset.
-Considered and balanced
-Mission focused
Lifecycle Principles? - answer-Proactive maintenance
-Lowest-cost investment
Performance Principles? - answer-SMART metrics and goals
-Specific, Measurable, Attainable, Realistic, Time-Based
-Activity-level performance
Visibility tools - answer1. NexGen IT - Real Property & Work Mng Sys.
2. Sustainment Mng Sys - BUILDER & PAVER
