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AMBoK Publication 000: Framework for Asset Management, Second Edition presents an intellectual framework and context through which asset management information can be developed and universally understood, whilst providing opportunities for both individuals and organisations to build their asset management capabilities.

The Framework for Asset Management, Second Edition provides the asset management community with a concise picture of the principles, concepts and processes of asset management, including emphasis on the key roles of stakeholders, leadership, culture and asset management maturity. It is the interaction of the tangible and intangible aspects of an organisation that can produce asset management maturity and excellence, and therefore the biggest benefit for organisational efforts.

The increasing recognition that asset management contributes directly and indirectly to a number of important factors means that a common asset management language, for better communication within organisations and across industries, is increasingly considered by top management to be more important than ever.

The Asset Management Council is committed to advancing the asset management knowledge and capability of both its members and stakeholders, and as such, it has brought together some of the best technical asset management professionals within Australia to further expand and strengthen the Asset Management Body of Knowledge (AMBoK).

The AMBoK Team are charged with making AMBoK accessible to, and useable by, members and stakeholders of the Asset Management Council. A forward-thinking Technical Team, consisting of numerous volunteers in senior positions in asset-intensive industries across the board, the AMBoK Team supports the Asset Management Council in enabling value from effective asset management. The Asset Management Council has a strong link to “best practice” in the field of physical asset management, no doubt due to our diligent AMBoK Team. Members of the AMBoK Team are actively involved in the development and continual improvement of Asset Management Council content.

The Framework is available in print copy and PDF copy. Please visit our online store if you wish to purchase the Framework, or any other Asset Management Council Publications, please visit our online store, here.