Asset Lifecycle Management (ALM) for public works is a strategic, data-driven framework used by government agencies to manage the entire lifespan of physical infrastructure—including roads, bridges, water treatment plants, facilities, and fleets. The goal of ALM is to maximize the utility and lifespan of public assets while minimizing the total cost of ownership and maintaining an acceptable level of service for the public. Instead of reacting only when an asset breaks, ALM provides a structured approach from initial planning through ultimate decommissioning.

ALM software is beneficial to local government because it supports data-driven funding requests, provides risk and liability mitigation, and optimizes allocation and spending of public monies.

MaintStar’s Asset Lifecycle Management module extension for the Public Works Suite offers easy-to-use, comprehensive asset tracking, produces asset scores and criticality ratings with built-in AI tools, and improves visibility with configurable dashboards and reports. These functionalities support local government agencies to better manage assets, plan and track work, and spend smarter.