Library / Engineering Asset Management Principles Framework
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Source changed 2026-10-03 08:25:59 UTC · snapshot created 2026-10-03 08:26:43 UTC · last check 2026-10-03 09:50:10 UTC

EAM.8:2 - Problem

A repair estimate describes one intervention. It can omit years of energy, inspection, support and further work. A replacement estimate can omit commissioning, service interruption, exit cost or remaining value. Comparing those estimates as if they described the same service policy produces a misleading choice.

Continued use can also become a fictitious zero-cost alternative when its required maintenance and fallback are omitted. Ending a spreadsheet after two years does not establish that the asset stops working then or that its remaining contribution is worthless.