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AM Readiness

Asset Management (AM) Readiness

MIC is committed to building a culture of asset management through comprehensive education, measurement, and outcomes. Infrastructure owners and government leaders are encouraged to evaluate and grow capacity through the Asset Management Readiness Assessment Scale and explore learning opportunities through the AM Champions program.

AM Champions

The Michigan Infrastructure Council (MIC) is welcoming a new cohort of leaders into the Asset Management Champion Program. This program will establish a network of talented individuals and organizations to help strengthen and “champion” best practice asset management across Michigan’s complex infrastructure environment. Read more about becoming an AM Champion here.

Become an AM Champion!

The Michigan Infrastructure Council (MIC) ran q pilot version of this program in 2021 and saw 78 Michiganders graduate as Asset Management Champions. 98% of participants feel that they are now able to be a successful Asset Management Champion for their organization.  Due to the overwhelming success and positive feedback received during the first round of this program, we are committed to welcome a new class that will continue to build their AM awareness, deepen their AM knowledge, and establish a community of AM champions across the State.

 

Becoming an Asset Manager Champion Flyer

 

The Asset Management Readiness Assessment Scale (The Scale)

 

Getting Started - Check out these documents for an in-depth introduction and detailed instructions for completing the Asset Management Readiness Assessment Scale. Note: These documents are also included as tabs in The Scale.

 

Instructional Videos -Looking for additional assistance with the Asset Management Readiness Assessment Scale? These four introductory videos provide an overview of the purpose and benefits of The Scale as well as instructions for its use. 

Data Submission - AM Readiness Assessment results submitted to the Michigan Department of Treasury and/or Regional Planning Organizations are considered confidential.  Aggregated results may be used to develop regional and statewide policy related to infrastructure asset management.
 

Reference Materials

The Federation of Canadian Municipalities (FCM) and their partner, the Canadian Network of Asset Managers (CNAM), have developed a number of introductory and best practice documents to assist local governments with understanding and improving their asset management capabilities.
 
 
The International Organization for Standardization (ISO) is an organization that develops and publishes international standards for numerous products and services. ISO 55000:2014 provides an overview of asset management, its principles, and the expected benefits from adopting asset management.