CP's assets are strategically important and irreplaceable for mobility in the country, so ensuring their sustainability through implementing the Asset Management System is a priority.
The American Association of State Highway Transportation Officials (AASHTO) defines transportation asset management as a "strategic and systematic process of operating, maintaining, and modernising physical assets effectively throughout their life cycle. It focuses on business and engineering practices for allocating and using resources to improve decision-making based on quality information and well-defined objectives."
A strategic instrument for coordinating the different approaches that support the organisation's macro decisions, asset management ensures success in achieving CP's objectives and mission.
Oriented towards customer service, CP manages its assets to achieve broader objectives such as improving mobility in the country and reducing customer costs and environmental impact. It strives for everything at any level of the organisation, focused on a clear "line of vision" and in tune with the strategic objectives, to ensure continuous improvement of the Asset Management System (AMS) based on ISO 55001:2014 Asset Management - Management Systems - Requirements.
CP's asset management policy establishes the guidelines, objectives and competencies for implementing the Asset Management System.
Essential to identify the relevant areas for production and concomitant increase in value for the Company, it is required as a means of achieving a balance between costs, risks and the desired performance of these physical, human, financial, intangible or information assets.
Implemented through good practices, the system guarantees the desired and sustainable result, with a great capacity to anticipate trends and opportunities, increasing competitiveness and, therefore, value for the client and the country.
Read our asset management policy.