Question $1.$ Asset Management Plan $(50$ marks$)$

Develop an Asset management plan for an identified critical asset from within your organisation.

In your response you should include references to discussions with relevant persons within the

organisation along with tables and diagrams where appropriate to support your discussion.

a$.$ Identify and construct a block process flow diagram and establish an asset inventory$/$asset

register to the assembly level of an asset determined critical to the organisation from the

criticality analysis completed in assignment $2.$

b$.$ Detail the asset$/$unit operating policy for the identified asset.

c$.$ Detail customer expectations including the non$-$regulatory aspects of the business $($e$.$g$.$

Noise levels, appearance, cleanliness, customer requirements$).$

d$.$ Provide an assessment of the identified assets current condition.

e$.$ Based upon the organisations asset life cycle determine the assets residual life and

replacement costs.

f$.$ Outline in Tabular form the current and predicted $3$ yearly maintenance budgetary and

annual capital strategy.

g$.$ Utilising the Top$-$Down Bottom$-$Up Approach develop an asset life plan consisting of $60$

maintenance causing items comprised of both mechanical and electrical components.