scope:

This Guidance applies to the Strategic Planning team but also provides context for all those involved in the Asset Investment Planning Process, namely Sponsors, Asset Performance Managers level 1 and 2, Finance, Heads of Profession and the Executive.

Purpose

The purpose of this Guidance is to accompany the Support Functions Managers' Handbook Business and Resource Planning and the Work Instruction W0023 Asset Planning Process. This Guidance document provides a short summary of the context for the investment prioritisation process, the process itself, and the prioritisation methodology applied during the process. This relates primarily to section 4 and 5 (see the diagram below) of the Asset Planning Process document but touches on other sections as well.