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Guiding Principles of Asset Management: Realising a World Class Infrastructure

04 November 2019

This document gives a brief overview of the six guiding principles of Asset Management.

Guiding Principles of Asset Management: Realising a World Class Infrastructure
ICE's guide 'Guiding principles of Asset Management'

Who wrote this?

The ICE Management Panel's Asset Management subgroup:

  • Jay Doshi, AMEY
  • Simon Parsons, Real Foundations
  • David Pocock, Halcrow – CH2M HILL
  • Matthew Parker, ICE


It was first published in May 2013.


To give some guidance to asset managers, and those affected by asset management, to help manage assets better to gain benefits/efficiency.

Who should read this?

Anyone who is involved in managing assets.

Asset Management Suite of Papers

This is part of an evolving suite of documents produced by the Asset Management subgroup to tackle issues that are faced by project managers and engineers in the dynamic area of whole life cycle asset management.

Other papers also published:

Leveraging the Relationship between BIM and Asset Management

Asset Management Policy

Intelligent assets for tomorrow's infrastructure: Guiding Principles


This document outlines:

  • the issues and challenges faced by economic infrastructure and how these can be overcome
  • the principles key decision makers should use to effectively create, develop, operate and decommission their assets

It lists the characteristics of civil engineering infrastructure assets, key challenges and ways to address the key challenges. It includes a section on information technology for asset management, and it outlines the benefits for good asset management.

For more information and questions, please contact [email protected].

Guiding Principles of Asset Management

Content type: Best practice

Last updated: 05/07/2022

Author: Charles Jensen

  • Charles Jensen, knowledge content producer at ICE