EAM.1:2 - Problem

Ownership, a register boundary and a functional boundary often differ. One pump can serve several areas; a group of assets can share a budget without operating as one System. Beginning from the accounting list can therefore omit a service dependency or include equipment irrelevant to the decision.

An equally costly mistake begins with a favored action. Calling the question “replace the pump” hides whether the needed outcome could be obtained by maintenance, a different operating arrangement, shared service or withdrawal of an obsolete contribution.