Where the PSD Asset Management Plan (AMP) is a theoretical report, in the Roadmap, PSD consultants work alongside municipal staff and department heads in actually establishing and improving their asset management practice. The collaboration between finance, public works and the executive throughout the multi-year Roadmap process encourages strategic dialogue and organizational cohesiveness. Components of the Roadmap include developing greater organizational cognizance, development of a corporate asset management policy, condition assessment protocols, risk and criticality models, lifecycle management, financial strategies, and a levels of service framework. The process can be iterative, and each cycle culminates in a detailed AMP that accounts for the unique financial, economic and political realities of the municipality with high specificity.
"With their asset management knowledge and experience, we're working with PSD to not only complete our AMP in Pickering but to implement an Asset Management Roadmap that will further enhance our capacity and decision-making over the long-term."
JULIE ROBERTSON, SENIOR FINANCIAL ANALYST, CITY OF PICKERING