Introducing the Asset Management Performance Framework (AMPF)
Across industries such as utilities, energy distribution, chemicals, petrochemicals, and oil & gas, asset‑intensive organizations share a common challenge:
How to measure asset management performance consistently, objectively, and across all disciplines?
Most companies track dozens of KPIs, yet very few have a unified way to quantify and understand whether their asset management function is performing well and delivering the highest value possible.They typically require a deep-dive analysis to figure out where performance gaps sit, and what the potential is for improvement.
To solve this, we built the Asset Management Performance Framework (AMPF)—a universal, data‑driven model that quantifies asset management performance end‑to‑end.
What the AMPF Is
We've structure the AMPF in 4 levels:
- 1 unified Asset Management Performance Score and Value
- 4 Value Areas – Cost, Production, Sustainability, Organizational
- 13 Value-Enabling Domains – core processes and levers that shape asset management success
- 39 Value-Driving Insights – the drivers of value that translate directly into operational, financial, and strategic outcomes
Together, these levels create a complete view of how asset management creates value today, and where future value lies.
Value Areas → Value-Enabling Domains → Value Insights
How the Framework Works
What makes the AMPF really powerful is the intelligence behind the the structure
For each of the 39 value-driving insights, we combine:
Advanced algorithms
We score performance and available value through best-practice models, proprietary algorithms, benchmark comparisons, and value calculations across all disciplines.
Automated data enrichment
Our model pulls, cleanses, and enriches data to create a single, consistent performance view from content available in systems such as ERP, EAM, CMMS, finance, and operational data platforms.
Scoring & Value Potential Calculation
For every insight, the AMPF calculates:
- A performance score
- A performance gap
- A quantified value potential (efficiency gains, cost savings, production uplift, downtime reduction, etc.)
This allows organizations to understand where they stand, and also what improvement is worth in real terms.
What Makes the AMPF Different
Many frameworks already exist, e.g. PAS 55, ISO 55000, maturity models, KPI dashboards, however, they fall short in one of three ways:
- They simply describe what good looks like, without quantifying performance.
- They are qualitative, based on interviews, impressions, and/or checklists.
- They are siloed and only look at one or two topics at a time, failing to capture asset management as a strategic business function.
The AMPF solves all three:
It’s objective and quantifiable
Every score is backed by algorithms and real operational data.
It’s cross‑disciplinary
Maintenance, operations, supply chain, H&S, ESG, engineering, finance—every relevant discipline is included in one model.
It reveals value potential
t goes beyond just how the business performs, and also gives a target for how much value can be realized by improving performance.
The 4 Value Areas
1. Cost
Evaluates spending efficiency, cost drivers like labour, materials, spare parts, and contractors, and optimization opportunities.
2. Production
Assesses how effectively asset management contributes to production stability, throughput, and reliability.
3. Sustainability
Captures health, safety and asset risk, environmental impact, ESG alignment, for sustained asset operation.
4. Organization
Includes digitalization, governance, process discipline, workforce capability, and culture.
The 13 Value-Enabling Domains
We went through several iterations to conclude that the core levers enabling high performance, are:
- Labour - where workforce utilization, organizational structure, and productivity make the biggest impact on the value that can be generated from personnel
- Contracts - for spare parts, production supplies, contractors, and inventory
- Work Management - in terms of routine maintenance, reactive or emergency repairs, planning details and schedule adherence
- Budget - opex adherence, capex performance, and cash liquidity
- Production Planning, Execution, and Losses
- Asset Risk
- Health & Safety
- Environmental, Social, Governance (ESG)
- Operational discipline
- Team enablement
- Data & AI
Each domain influences a value area—cost, production, sustainability, or organization.
The 39 Value‑Driving Insights
The framework is built on real operational value drivers that fit neatly under each one of the above domains. Some of these are:
- Labour, Asset and Plant Utilization
- Emergency repairs
- Opex & Capex
- Production Automation
- Asset integrity
- Risk management
- Precision execution
- Digitalization
- Skills & training
- IT/OT
- Quality
- Culture & NPS
- Business processes
- Improvement realization
Each insight is measurable, visible, and tied to both the performance score and value potential.
Why This Matters
Organizations can use the AMPF to:
Identify improvement opportunities with real financial impact
Teams learn exactly where inefficiencies exist—and what unlocking them is worth.
Benchmark performance objectively
Across plants, regions, business units, or against industry peers.
Align leadership, operations, and finance
Everyone sees the same numbers, the same priorities, and the same value potential.
Drive a focused, evidence‑based asset strategy
Instead of intuition or isolated KPI dashboards, decisions are grounded in proven value drivers.
Conclusion
The Asset Management Performance Framework fundamentally changes how companies understand, measure, and improve asset performance. It turns complexity into clarity, data into decisions, and operational maturity into measurable value.
It gives senior leaders, asset managers, and operational teams a shared, data‑driven way to answer the most important question:
Are we unlocking the full value of our assets—and if not, how much more is possible?
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