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Asset Management Policy

D. Asset Management Policy Management System Document Asset Management Policy Summary: To define the key Asset Management principles and requirements which TransGrid will apply to its network assets to achieve its business objectives and Corporate Plan. Revision no: 6 Date: 14/05/14. Business function: Strategic Asset Management Document type: Policy Process owner: Manager/ Asset Performance Author: Garrie Chubb, Manager/ Asset Performance Contributors: EGM/Network Services and Operations, EGM/Capital Program Delivery Reviewer: Stephen Clark, EGM/Network Planning and Performance Approver: Peter McIntyre, Managing Director When referring to TransGrid's policies, frameworks, procedures or work instructions, please use the latest version published on the intranet.

Asset Management Policy Revision no: 6 Page 9 of 10 o Ensures asset management decisions are based on good quality and timely asset data. Develop and maintain a co-ordinated and end-to-end asset management system that: o Applies a lifecycle approach to asset management; o Establishes the asset management strategies, objectives and plans:

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