Develop and manage an asset management plan

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver LGAGCM712A, 'Develop and manage an asset management plan'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Develop and manage an asset management plan' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria



1. Develop strategic approach to asset management

1.1. Scope and scale of asset management task are defined.

1.2. Council's strategic and business plans and their output requirements are identified and considered to inform policy and plan development.

1.3. Research is conducted into national and international best practice and trends in asset management to inform policy and plan development.

1.4. Research is conducted into community's current, medium and long-term projected needs for assets and community's capacity to financially resource the needs.

1.5. Impact of government policy on development of an assessment management plan is researched and considered.

2. Build baseline understanding of current assets

2.1. Current level, type and performance of assets are defined and documented.

2.2. Current costs of maintaining assets to meet identified level or standard of service are estimated.

2.3. Human resource management requirements for maintaining current assets are identified and documented.

2.4. Projected costs of maintaining current assets to meet identified level or standard of service required are estimated.

3. Develop asset management plan

3.1. Appropriate asset management team members and/or external experts are secured and briefed regarding the project, their roles, levels of delegated responsibility and outcomes to be achieved.

3.2. Steps are put in place to ensure effective communication processes are used to coordinate work and inform team members of progress.

3.3. Clear reporting processes for all team members are identified and communicated.

3.4. Increased or changed demand for maintenance and growth of required assets is identified and documented.

3.5. Increased or changed costs for maintenance and growth of required assets are identified and documented.

3.6. Life cycle management plan for relevant assets is prepared.

3.7. Financial projections for current, medium and long-term development and management of the assets are prepared.

3.8. Risks associated with both implementing and not implementing the identified asset management approach are identified and documented.

4. Implement asset management plan

4.1. Budgeting for management of assets over the long term is put in place and monitored.

4.2. Processes for recording, monitoring and reviewing the work effort and resourcing required to systematically implement the asset management plan are put in place.

4.3. Staff and/or external contractors are informed and trained regarding implementation of the asset management plan.

4.4. Progress of asset plan is monitored according to plan's requirements and organisational procedures.

4.5. Corrections, changes and additions are made to asset management plan in light of changing circumstances and to ensure that plan aims and outcomes are met.

4.6. Communications processes are put in place to inform relevant stakeholders, the community and team members about progress.

5. Use asset management process to contribute to improved organisational policies and processes

5.1. Opportunities for wider organisational learning, including changes to processes or policies generated by asset management process are identified and analysed.

5.2. Strategic impact of asset management process is considered and fed into organisation's ongoing strategic planning processes.

Hidden text

Qualifications and Skillsets

LGAGCM712A appears in the following qualifications:

  • LGA70108 - Vocational Graduate Certificate in Local Government Management