Strategic Asset Management (SAM) allows organisations to effectively plan for the long term (5-50 years) treatment and renewal of assets to keep them at an agreed service level whilst managing risk. SAM incorporates scenario planning, different funding strategics and treatment options and also models function, capacity, utilisation and risk using the information captured in the TechnologyOne solution via regular and reactive work. SAM also provides a convenient mechanism for revaluing assets using unit rates and adjusting remaining useful life using condition rather than age.
This video walks through the components of SAM and how the solution comes together to give a detailed understanding of the health and anticipated treatments of assets.
Duration: 29 minutes