Asset Management
Managing Investment
For many decades, Highway Authorities have been managing their infrastructure assets. Recently, however, with the publication of the CSS Framework for Highway Asset Management and the Guidance Document for Highway Infrastructure Asset Valuation, Asset Management has moved away from the traditional, purely engineering needs-based methods of management towards those more focused on the economic and social impact of investment decisions. The organisations involved are subject to constant change and increasing scrutiny and there is a need to ensure any efficiency gains in the delivery of public services match the aspirational goals of strategic policy.
Shaping the Future
The emergence, too, of policies regarding climate change, congestion reduction measures and planning regulations are increasing the demand on infrastructure asset performance and maintenance. All this has contributed to the need for more formal planning and resource management.
Our extensive knowledge of asset registers allows us to offer comprehensive and impartial services for examining existing data sets and to help define future collection strategies. We are expert in making better use of existing data, ensuring that data collection options and prioritisation for re-collection is in line with national and local policy. With Authorities’ time and resources already stretched, Wilson Pym May have been able to support the development of effective service threshold levels for assets and the production of asset management plans on a consultancy basis.