Definition Sheet
Overview
SAMP

Strategic Asset Management is the application of Asset Management across the entire utility organization/business. This is a holistic approach to Asset Management. Strategic Asset Management starts with the utility corporate strategy and mission and continues in a unified and coordinated approach across all technical and non-technical areas of the utility. Strategic Asset Management aims to produce such value as improved utility asset performance, reduction of risk, reduction in costs, and creation of new opportunities

The main objective of the Strategic Asset Management Program (SAMP) is to bring the industry professionals together to identify, discuss and develop solutions to common issues in Strategic Asset Management by creating a networking opportunity for utilities concerned with asset management application, optimization and innovation.  It also serves as a forum to identify knowledge gaps and to provide guidance on future collaborative projects.

Objectives:

1. Identifying value of Strategic Asset Management to utilities over standard asset management approaches,

2. Demonstrating Strategic Asset Management starts from the Utility Corporate Strategy and Mission

3. Developing Strategic Asset Management alignment across utility policies, processes and procedures

4. Encompassing other business functions, important to fully and properly apply Strategic Asset Management, such as Human Resources, information management, finance, material management and customer and stakeholder management, and

5. Covering utility business objectives, practices, risk management that drive asset investments and maintenance.

Program Services
  • Networking & Information Sharing

    • Annual face-to-face Business Meetings with webinar call-in options
    • 4-5 conference calls and learning webinars
    • Access to a network of ~1,000 electrical utility peers from around the world
  • Industry Benchmarking

    • Requests for Information where your questions or concerns are circulated to other group
      participants with rapid-fire response rates
    • Internal benchmarking surveys for state-of-the-industry intelligence
  • Collaborative Technical Projects

    • The flexibility to support only those projects which are relevant to your organization, meaning you know exactly, where your research dollars are going
    • Supported by CEATI management, participating utilities and consultants work together across all phases of a project’s life-cycle, ensuring your organization receives practical, high-quality deliverables
  • Unparalleled Return on Investment

    • Ability to split project funding costs with other organizations, resulting in highly-leveraged funding opportunities
    • Reduced pricing on published reports, training courses, and industry-open conferences
Project Portfolio
Webinars

Webinar Library

Continual Improvement - The Woodhouse Partnership Ltd
Available to Utilities Only   Get Access
August 2017
Strategic Asset Management Investment Optimization - The CoSMo Company
Available to Utilities Only   Get Access
June 2017
Normalized Approach to Risk in Electric Utility Planning - Birendra Singh, Ryerson University
Available to Utilities Only   Get Access
May 2017
From Asset Plans to Corporate Asset Management Strategy - Boudewijn Neijens, Copperleaf Technologies
Available to Utilities Only   Get Access
March 2017
SAMP Training - Context of the Organization - David Curtis, CEATI International Inc.
Available to Utilities Only   Get Access
February 2017
Asset Investment Planning and Management - Copperleaf Technologies
Available to Utilities Only   Get Access
October 2016
Asset Management Strategy Development - PowerNex Associates
Available to Utilities Only   Get Access
July 2016
InfraModex - Financial Analysis Software Specialized in Infrastructure
Available to Utilities Only   Get Access
June 2016
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