Introduction to Asset Health and Risk 2023
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25 January 2023
Do you know the health (condition) and risk of failure of your assets?
Taking the health condition and risk of failure of your assets into consideration is essential to creating an effective investment strategy. Instead of viewing it as a one-time exercise, we recommend taking an iterative approach, utilizing our Common Network Asset Indices Methodology (CNAIM). This practical approach ties asset data in with decision making, allowing organizations to form plans that are up-to-date with their changing circumstances.
This recorded webinar provides an insightful overview into the elements connected with CNAIM, helping lay out some key principles and providing a simple reporting matrix that will link asset data to decision making effectively.
Key Takeaways
- Understand the core structure of the common methodology for asset health and risk modeling.
- Recognize the principles of the methodology and the core algorithms.
- Follow the line of sight from the asset data inputs to reporting and decision making.