What is asset planning?

The first stage of an asset’s life — deciding what to maintain, renew or add, when to do it, and what it will cost.

ASSET PLANNING · DECIDE WHAT, WHEN AND AT WHAT COST PLAN FROM EVIDENCE · NOT FROM EMERGENCIES 1 NEED Operations to support Standards to meet Service levels set STEP: define 2 BASELINE Asset register Age & condition Failure history STEP: know 3 OPTIONS Maintain or refurbish Upgrade or replace Add new assets STEP: compare 4 COST & RISK Whole-life cost Risk of failure Priority ranking STEP: weigh 5 THE PLAN Budget agreed Programme set Approved to proceed STEP: commit REVIEWED AS CONDITION, OPERATIONS AND BUDGETS CHANGE INPUTS NEED · CONDITION · AGE · FAILURES Inspection and maintenance records feed in OUTPUT PRIORITISED PLAN · BUDGET · PROGRAMME Hands over to design and procurement NO PLAN: EMERGENCY REPLACEMENT · UNPLANNED SERVICE LOSS SCHEMATIC · SIMPLIFIED · NOT TO SCALE · STEPS OVERLAP
planning step
review loop and output
risk of no plan
The Fact Asset lifecycle

Asset planning starts with the operational need: what the airfield must be able to do. It then takes stock of what is installed, using the asset register and the age, condition and failure history of each asset, so decisions rest on evidence.

Options such as maintain, refurbish, upgrade, replace or add new are compared on whole-life cost and risk, not purchase price alone. The result is a prioritised plan with a budget and programme, reviewed as condition, operations and funding change.

  1. Need. Define the operations to support and the standards and service levels to meet.
  2. Baseline. Establish what is installed, with its age, condition and failure history.
  3. Options. List the realistic choices: maintain, refurbish, upgrade, replace or add.
  4. Cost and risk. Compare whole-life cost and risk, and rank the priorities.
  5. Plan. Agree the budget and programme, and obtain approval.
  6. Review. Update the plan as records, operations and budgets change.
Purpose Decide what to maintain, renew or add, when, and at what cost
Inputs Operational need, asset register, condition and failure records
Options Maintain, refurbish, upgrade, replace, add new
Test Whole-life cost and risk, not purchase price alone
Output Prioritised plan, budget and programme
Reference ISO 55000 asset management; owner asset-management plan
Schematic — simplified for clarity. Planning methods, risk criteria, approval routes and review intervals are set by the owner’s asset-management plan, the applicable standards and funding rules.
Entry 1 · Asset lifecycle Entry 3 · Design

Frequently Asked Questions

Q1What is asset planning in airfield ground lighting?

The first stage of the asset lifecycle. It decides which AGL assets to keep running, refurbish, replace or add, when to do it and how to pay for it, using the operational need, the condition of existing assets and a comparison of cost and risk.

Q2What does asset planning start from?

The operational need, such as the runways, taxiways and procedures to be supported, and a clear baseline of what is installed: the asset register, age, condition and failure history of each asset.

Q3What options are compared in a plan?

Typically continue and maintain, repair or refurbish, upgrade, replace with a like-for-like or newer technology, or add new assets. Each option is compared on whole-life cost, risk and effect on airfield operations.

Q4Why compare whole-life cost, not just purchase price?

An option that is cheaper to buy can cost more to install, run, maintain and renew. Counting cost over the full life, together with risk, shows which option is best value for the owner.

Q5How are assets prioritised?

By risk and need: how likely an asset is to fail, how serious the effect on safe operations would be, and how close it is to the end of its useful life. Higher-risk assets move to the front of the programme.

Q6How often is the plan reviewed?

Regularly, and whenever condition, operations or budgets change. Inspection and maintenance records feed back in, so the plan stays based on the actual state of the assets.

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