Abstract: The Asset Management for Small, Rural or Remote Communities Practice Note 4: - is a simplified version of the nationally consistent full NAMS.PLUS Asset Management approach (www.ipwea.org.au/namsplus). - assists small, rural or remote organisations to write their own 10 year asset management plans and provides expenditure projections for their long term financial plan. - is designed for small, rural or remote communities who are in a steady operating state (limited annual growth and/or operating change) and have limited technical resources and limited or out-of-date asset register data. - is also suitable for service/asset categories such as parks and buildings where the majority of costs relate to operating expenses and major repairs of existing assets and services. - is based on the IPWEA’s International Infrastructure Management Manual (IIMM) and follows the format set out in Appendix A of the IIMM. - includes a maturity model to assess the organisation’s maturity in meeting the ‘core’ asset management competencies set out in the national frameworks.