scope:

2.1 Assets within scope of this standard

This standard applies to all Track assets owned by NetworkRail. Track assets are defined in the Network Rail Asset Accountability Matrix2.

2.2 Activities within scope of this standard

The production of track asset management policy and strategies for life cycle management of the track asset.

Purpose

This document provides a process for the production of track asset policy, strategies and plans that are aligned with corporate objectives, and to provide assurance against the principles of risk management and whole life costs.