bnr-service-asset-management-Private-Investor-Global-Container-Terminals-Advisory-Services
  1. We are WSP
  2. What we do
  4. Asset Management

Asset Management

Asset management is a lifecycle approach to extracting value from our assets, and it focuses on identifying the needs and justifying the investments necessary to achieve organizational goals, while balancing costs, risks and resilience, and performance. This is not just better maintenance but the need to institutionalize lifecycle thinking as it relates to an agency’s or business' assets.

Driving Efficient, Economic and Sustainable Business Practices

We work extensively with clients who have real world challenges in managing assets, including managing constrained budgets, maintaining performance, managing risks, and improving resilience. Our deep understanding of asset class lifecycle needs combined with business transformation leadership helps organizations improve the services they deliver through more efficient and economic use of the fleet, facilities and infrastructure they manage – doing the right work at the right time, and for the right cost.

Our leadership is defined through our contributions to best practice development – including the International Standard for Asset Management (ISO: 55001:2024), the American Association of Highway Transportation Officials Transportation Asset Management Guide (AASHTO TAM Guide), the Federal Transit Administration’s Transit Asset Management Guide, and the National Cooperative Highway Research Program’s guidance on ancillary assets. Our work focuses on the key enablers to successful management and service delivery: people, processes, technology and information.

Practice Areas and Services include:

Strategy and Planning

  • Strategic Asset Management Planning
  • Transportation Asset Management Plan (TAMP) and Transit Asset Management Plan (AMP)
  • Asset Lifecycle Management Planning (LMP)
  • Transportation Performance Management

Technology and Data

  • Advanced Asset/GIS Data Analytics and AI Integration
  • Technology-based Data-driven Asset Investment Strategies
  • Asset/GIS Data Governance, Delivery, and Management Platforms
  • Enterprise Asset Management (EAM) Implementation

Maintenance Advisory

  • Maintenance Optimization
  • Gap Analysis of Maintenance Practices
  • Facility Assessment Protocols
  • Fleet and Equipment Maintenance

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