5.0 Asset operation and
maintenance

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...for the animals, hedges, trees, buildings
and other things of the estate hath each
a natural allotment of days; just as we
too have an allotment of days. Good
management of the estate in accordance
with this order of things rests, therefore,
in thy possessing a knowledge of the parts
so that each may be upheld for the
duration of its allotted time and then
left to pass. For the wholeness of an
estate is not ours alone but also of they
who follow and we shall be thanked,
not for wonton and untimely outlaying,
but for the exercise of good husbandry.
Sir Hugh Platt, 1594

Service delivery needs are recognised in
Part 1 of this series, Asset Management
Principles, as being fundamental in guiding
asset practices and decisions.
This section focuses on the performance
of assets in meeting these needs and the
role that operation and maintenance Ð
the third key stage in the asset life cycle –
play in sustaining performance levels
(see Figure 2.7). Particular issues
addressed are performance assessment
and the planning of maintenance
requirements.

Figure 2.7
Asset life cycle: operation and maintenance stage


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