Gap Analysis
Objective: Gain an understanding of Gap Analysis in Assetic Predictor.
Gap analysis is a method of assessing the gap between an agency's current asset management practices, and their future desirable asset management practices - International Infrastructure Management Manual.
In monetary terms, Gap Analysis refers to the gap between the optimum annual budgets to maintain assets at a desired service level at the currently allocated budget.
Predictor provides the facility to carry out a 'Gap Analysis' on your asset portfolio that will provide a rationale for securing the need for additional funding. You should have a budget entered in the Strategy section to carry out gap analysis.
- Click Gap Analysis on the optimisation Results screen to view a Gap Analysis graph:
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