Strategic planning is describes how the organisation will develop and improve its asset management capabilities
B.
Strategic planning is the process for establishing asset management objectives and developing the asset management strategy
C.
Strategic planning is usually undertaken as part of the overall organisational management
D.
Strategic planning explicitly considers the life cycle of the assets and the interdependencies between each of the life cycle stages
The Answer Is:
B
This question includes an explanation.
Explanation:
Strategic asset management planningis the process of translating the organization’s high-level objectives intotangible asset management strategiesand performance targets.
Option Arefers to capability development (partially true but incomplete).
Option Bis correct as per ISO 55001 and IAM guidance.
Option Cis general and non-specific.
Option Dis relevant, but more operational in scope.
Exact Extract from IAM – Asset Management: An Anatomy (v4), Section 4.3.2 – Strategic Planning:
“Strategic planning links the organization’s objectives to asset management objectives, setting out how the organization intends to manage its assets in alignment with these broader goals.”
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