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--- baamt:core_activities [2022/04/06 12:43] – created ruth
+++ baamt:core_activities [2022/04/06 12:46] (current) – ruth
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 Data analysis and modelling of assets (for example, whole life cost models), and generally leading on asset decision techniques and tools.
-Maintenance optimization – a well-established set of techniques centered on RCM – can usefully be done by a trained small team within Maintenance, but replacement and refurbishment program optimization is generally a core AM team capability.  Note that both Operations and Engineering come with their own views and interests on investment, and as AM pioneer Jim Kennedy put it, are ‘poachers’ rather than ‘gamekeepers’; you need a more objective, unbiased focus for prioritization.
+**Maintenance optimization** – a well-established set of techniques centered on RCM – can usefully be done by a trained small team within Maintenance, but replacement and refurbishment program optimization is generally a core AM team capability.  Note that both Operations and Engineering come with their own views and interests on investment, and as AM pioneer Jim Kennedy put it, are ‘poachers’ rather than ‘gamekeepers’; you need a more objective, unbiased focus for prioritization.
-AM Practitioners also need to play a key role in helping define any corporate risk framework – for an asset-intensive organization, asset risks make up a high proposition and a very wide range of business risks.
+AM Practitioners also need to play a key role in helping define any **corporate risk framework** – for an asset-intensive organization, asset risks make up a high proposition and a very wide range of business risks.
 In US transit agencies, generally the major AM team responsibility in the past few years has been the production of the TAM Plan to meet FTA rules under MAP-21 as well as National Transit Database (NTD) data.
-Someone needs actively to bridge between managing assets and Asset Management.  Managing assets is vital, but it is not the same as Asset Management (see ISO 55000 committee note on the difference in the Appendices).
+**Someone needs actively to bridge between managing assets and Asset Management.  Managing assets is vital, but it is not the same as Asset Management.**
+[[baamt:summary_of_main_am_responsibilities|Summary of the main responsibilities of an AM team]]