Only by an integrated approach to
asset management can agencies
deliver quality services efficiently and
effectively (see Figure 1.3).
Agency corporate plans reflect and
translate Government policy and customer
needs into broad program and service
strategies and priorities.
These program and service strategies may
be non-asset-based or asset-based.
For example, some may require additional
capital facilities or increased use of existing
facilities, while others may involve
contracting out or leasing to make them
operational. Each agency determines the
best mix for its operating environment,
consistent with overall Government policy.
The budget process involves the
allocation of funds to carry out the
non-asset and asset strategies.
The agency business plan translates
strategies and budget into annual
operational plans with output measures
and performance indicators.
Finally, agency reports on service
delivery outcomes and asset management
activities provide important feedback
into Government policy and corporate
planning processes.
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