An Asset Condition Assessment is the process of continuous or periodic inspection, assessment, measurement and interpretation of the resultant data to indicate the condition of a specific asset so as to determine the need for some preventative or remedial action. It is a crucial part of asset management to determine remaining useful life and an assets capability to meet performance requirements.
External Links & References
- City of Adelaide Building Infrastructure & Asset Management Plan
- Google Search (Asset Condition Assessment)]
- Google Search (Condition Assessment)