Abstract: In Egypt, the concept of Asset Management (AM) is
new; however, the need for applying it has become crucial because
deteriorating or losing an asset is unaffordable in a developing
country like Egypt. Therefore the current study focuses on
educational buildings as one of the most important assets regarding
planning, building, operating and maintenance expenditures. The
main objective of this study is to develop a SAMF for educational
buildings in Egypt. The General Authority for Educational Buildings
(GAEB) was chosen as a case study of the current research as it
represents the biggest governmental organization responsible for
planning, operating and maintaining schools in Egypt. To achieve the
research objective, structured interviews were conducted with senior
managers of GAEB using a pre designed questionnaire to explore the
current practice of AM. Gab analysis technique was applied against
best practices compounded from a vast literature review to identify
gaps between current practices and the desired one. The previous
steps mainly revealed; limited knowledge about strategic asset
management, no clear goals, no training, no real risk plan and lack of
data, technical and financial resources. Based on the findings, a
SAMF for GAEB was introduced and Framework implementation
steps and assessment techniques were explained in detail.