Write a submission to your chief executive officer of your organisation describing a strategy to improve the organisation's assets, their management, and the standard of service which they provide, to achieve the board's goals.

You will need to select the type of assets and asset network you are managing.

Your submission should be between 3000 and 4000 words in length and will have, in addition to the body of the report, an abstract, table of contents, background, introduction, conclusion and list of references. Background information should be as brief as possible and include a brief description of your organisation, its asset network, services provided by that asset network, and current state of the network.

At a minimum, your report should address the following specific points:

• Background
• The asset life cycle
• Stakeholder expectations
• The outcomes you want to achieve at the end of the five and ten year periods
• Performance and serviceability requirements and indicators
• Development of a reliable asset inventory
• Deterioration and condition monitoring
• How to achieve best value from the asset network
• Current and future technologies
• Development of an asset management plan
• Appropriate asset management systems
• Likely benefits and costs
• Discussion
• Conclusion

A further 50 marks are allocated for communication aspects of your report, as follows:

• Abstract and table of contents
• Structure
• Language and style
• Completion in 3 000 to 4000 words
• Setting out and referencing