Asset Data Policy
|Publication Date:||3 December 2016|
This policy applies to the entire asset management capability as defined within Network Rail's asset management strategy, both internal and external to Network Rail throughout the lifecycle of asset data.
This policy applies to data related to all assets and to data that describes the operational railway (i.e. network models and attributes), but does not apply to operational geography related to infrastructure assets e.g. TIPLOC, STANOX and Network links.
It does not apply to data related to non-operational assets such as IT and office facilities assets.
This policy specifies the principles for governance of the Network Rail quality management system for asset-related data and information. In support of Network Rail's objective to treat data as an asset, these principles apply to the asset data estate across all its lifecycle stages for:
a) change management:
1) confirming the rigour and level of analysis applied to assessing physical assets is applied to assessing the impact of change on data and quality throughout the management system and asset data systems;
2) assessing the change impacts from physical asset change, enhancements and renewals on the asset-related data and business processes, and whole-life cost of assets.
1) defining skills and competencies to manage data and professionalise the discipline of asset data management;
2) foster behaviours and collaborative culture which prioritises quality management of asset-related data, manages asset data-related risks and promotes data-based decision making.
c) processes: embedding processes across the asset management enterprise:
1) data operations;
2) data quality monitoring; and
3) data quality improvement.
d) risk management: as part of the operations of a safety-critical organisation, using data to understand the risks based upon asset information so that corrective and mitigating actions can be taken.
The policy enables Network Rail to:
a) manage risk to the safety of the operational railway by providing reliable asset-related data for use in decision making;
b) manage asset related data using a risk-based approach through:
1) performing assurance on the processes to:
i) define data quality requirements;
ii) manage asset-related data;
iii) define of improvement plans;
2) identifying hazards and risks where processes and controls do not function to mitigate these risks:
3) validating asset related data to assess the accuracy of data and its fitness for purpose across asset management business processes;
4) modifying the framework to embed the controls to mitigate risk on an ongoing basis;
c) embed methods of assurance and control within risk and data management processes to provide confidence in asset related data.
The policy supports Network Rail's asset management strategy and asset management policy, and relevant clauses in ISO 55000. The principles in this policy are derived from good practice set out in ISO 9000 and ISO 8000, part 150.