Agencies are required to submit an Asset Strategy to Treasury in support of their funding submissions.

The Asset Strategy is the top level strategy in Total Asset Management planning and determines whether assets should be enhanced by capital investment, maintained or disposed of to continue their role in supporting service delivery. It determines the basic relationships between Service Delivery Strategy and the Capital Investment, Asset Maintenance, Asset Disposal and Office Accommodation Strategies.

The Asset Strategy sequentially poses the following questions at five decision "gates":

1. Can service delivery be made less asset-dependent?
2. Are existing assets fully used in service delivery?
3. Are existing assets appropriately located for effective service delivery?
4. Is the capacity of existing assets sufficient to provide the required services?
5. Are assets suitable for the effective delivery of the services they are intended to support?

The Asset Strategy guideline is available in the Publications section below. The draft Service Delivery Strategy guideline is available in the Premier's Department's Strategic Management Framework.