10 - Acquire, Construct, and Manage Assets

Relating to the design, construction, acquisition, and management of both productive and non-productive assets.


10.0Acquire, Construct, and Manage Assets  
10.1 Plan and acquire assets  
10.1.1  Develop property strategy and long term vision
10.1.1.1   Confirm alignment of property requirements with business strategy
10.1.1.2   Appraise the external environment
10.1.1.3   Determine build or buy decision
10.1.2  Plan facility  
10.1.2.1   Design facility 
10.1.2.2   Analyze budget 
10.1.2.3   Select property 
10.1.2.4   Negotiate terms for facility
10.1.2.5   Manage construction or modification to building
10.1.3  Provide workspace and facilities
10.1.3.1   Acquire workspace and facilities
10.1.3.2   Change fit/form/function of workspace and facilities
10.1.4  Manage facilities operations 
10.1.4.1   Relocate people 
10.1.4.2   Relocate material and tools
       
10.2 Design and construct productive assets
10.2.1  Manage capital program for productive assets
10.2.1.1   Define capital investment plan
10.2.1.2   Monitor capital program
10.2.1.3   Secure construction financing
10.2.2  Design and plan asset construction
10.2.2.1   Develop construction strategy
10.2.2.2   Perform construction performance management
10.2.2.3   Obtain construction permissions
10.2.2.4   Design assets 
10.2.2.5   Plan construction resources
10.2.3  Schedule and perform construction work
10.2.3.1   Schedule construction work
10.2.3.2   Obtain resources 
10.2.3.3   Construct new assets
10.2.3.4   Augment existing assets
10.2.3.5   Renew/Replace assets
10.2.4  Manage asset construction 
10.2.4.1   Monitor work performance
10.2.4.2   Undertake construction quality control
10.2.4.3   Create work and asset records
10.2.4.4   Manage safety, security, and access to sites
       
10.3 Maintain productive assets  
10.3.1  Plan asset maintenance 
10.3.1.1   Develop maintenance strategies
10.3.1.2   Analyze assets and predict maintenance requirements
10.3.1.3   Specify maintenance policies
10.3.1.4   Integrate preventive maintenance into operations schedule
10.3.1.5   Identify work management tasks & priorities
10.3.1.6   Conduct resource planning
10.3.1.7   Create work plans 
10.3.2  Manage asset maintenance 
10.3.2.1   Schedule maintenance work
10.3.2.2   Obtain required resources
10.3.2.3   Undertake quality control
10.3.2.4   Update work and asset records
10.3.2.5   Manage maintenance work safety
10.3.2.6   Define maintenance performance targets
10.3.2.7   Monitor maintenance performance against targets/contracts
10.3.3  Perform asset maintenance 
10.3.3.1   Perform preventative asset maintenance
10.3.3.2   Perform routine asset maintenance
10.3.3.3   Perform corrective asset maintenance and repairs
10.3.3.4   Identify unplanned maintenance requirements
10.3.3.5   Perform unplanned maintenance and repairs
       
10.4 Dispose of assets   
10.4.1  Develop exit strategy 
10.4.2  Decommission productive assets
10.4.3  Perform sale or trade 
10.4.4  Perform abandonment 
10.4.5  Perform waste and hazardous goods management

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