Asset Management IQ

Section I: General Asset Management



A. Is Asset Management terminology understood throughout the organization?
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0 No one within the organization understands terminology nor has any knowledge of Asset Management concepts. (0 points)
One person within organization understands Asset Management concepts and terminology. (1 point)
Less than 50% of the organization’s personnel (a few key people within the organization) understand Asset Management concepts and terminology. (2 points)
More than 50% of the organization’s personnel understand Asset Management concepts and terminology. (3 points)
All1 of the organization’s personnel understand Asset Management concepts and terminology. (4 points)
Throughout the entire organization personnel would be able to state what AssetManagement is and understand Asset Management concepts and terminology. (5 points)

1All refers to greater than 90% of the organization’s personnel.


B. Does the organization have a clearly defined Asset Management Plan?
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0 The organization does not have a written Asset Management Plan nor a concept of what the plan would include. (0 points)
The organization has a concept of the plan but has not written the plan. (1 point)
The organization has written less than 50% of the plan. (2 points)
The organization has written more than 50% of the plan. (3 points)
The organization has a written plan but has not distributed it within the organization. (4 points)
The organization has a written plan and it is distributed throughout the organization.(5 points)

C. Is Asset Management fully embraced by the elected officials or governing body of the organization?
(Click on the answer that most accurately describes your situation...)

0
The governing body does not understand Asset Management, but is not opposing it. (1 point)
The governing body is aware of Asset Management, but is not yet ready to provide support. (2 points)
The governing body supports Asset Management in general but has not mandated it for the organization in any way. (3 points)
The governing body has passed a resolution or has otherwise mandated Asset Management and provides some support for the organization’s Asset Management efforts, but has not provided sufficient funding for Asset Management and/or is not yet making decisions using Asset Management principals. (4 points)
The governing body has passed a resolution or has otherwise mandated Asset Management and fully supports the organization’s Asset Management efforts, including providing the funding for Asset Management and making decisions using Asset Management principals. (5 points)

D. Does the organization have a strategy for communicating the Asset Management strategy throughout the organization?
(Click on the answer that most accurately describes your situation...)

0 The organization has no strategy for communicating Asset Management throughout the organization. (0 points)
The organization has some ideas for communicating Asset Management but has not documented or implemented any of them. (1 point)
The organization has a written strategy and has implemented less than 50% of the communication strategies. (2 points)
The organization has a written strategy and has implemented more than 50% of the communication strategies. (3 points)
The organization has a written communication strategy to share information with all levels of staff and it is fully implemented. (4 points)
The organization has a written communication strategy to share information with all levels of staff, it is fully implemented and feedback has been received. (5 points)

E. Does the organization have an overarching goal or mission statement for Asset Management?
(Click on the answer that most accurately describes your situation...)

0 The organization does not have an overarching goal or mission statement. (0 points)
The organization recognizes the need for an overarching goal or mission statement but has not yet begun working on it. (1 point)
The organization is working on an overarching goal or mission statement. (2 points)
The organization has an overarching goal or mission statement for Asset Management that is accepted by the governing body, but it is not known at all levels of the organization, and is not clearly communicated to the public. (3 points)
The organization has an overarching goal or mission statement for Asset Management that is accepted by the governing body, and is known at all levels of the organization, but it is not clearly communicated to the public. (4 points)
The organization has an overarching goal or mission statement for Asset Management that is accepted by the governing body, known at all levels of the organization, and it is clearly communicated to the public. (5 points)

0 Your Score For This Section
0 Your Cumulative Score