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What is a Strategic Asset Management Plan (SAMP)?

A SAMP is intended to provide a consistent and clear basis that is endorsed by the IAM for the development and maintenance of strategies and is intended for use by those getting started on their asset management journey and those integrating and embedding their management systems. It is also intended to provide a reference and guide to more advanced organisations seeking excellence and continual improvement which is a requirement of good practice for all management systems.

The Strategic Asset Management Plan (SAMP) guide, authored by John Woodhouse, has been developed to provide guidance for organisations who manage physical assets, and who wish to put in place or improve an existing management system for asset management. It sets out a practical and pragmatic approach to the development of a SAMP or Asset Management Strategy, that will conform with ISO 55001 requirements and clarify priorities, align stakeholders and deliver the best possible value to the organisation.

The asset management SAMP guide is complementary to ISO 55002 (including the current updates, which expand on the importance and role of the SAMP) and is available to purchase below.

SAMP TRAINING COURSE: the Woodhouse Asset Management Academy offers a 2-day SAMP course providing real practical insight into the development of effective strategies for asset management, which is suitable for all levels of asset management experience.  Explore this and other courses here. 

Purchase a copy of the IAM guide: ‘Developing and Maintaining a Strategic Asset Management Plan’ (SAMP)

SALVO guidebook cover

This publication provides practical advice for the development of a SAMP. It explains the process of strategic planning and how this applies to:

• Assets and their optimal, whole life cycle management

• Improvements in the asset management capabilities of an organisation

The SAMP is a planning tool to clarify intentions, priorities and practices to be adopted. It takes a long-term view and considers the combination of organisation needs, stakeholder expectations and the realities of existing assets and asset management capabilities.


The cost of each book is £20.00 excl post and packing.

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