Which of the following is best described as an Asset Management Objective?
A.
A risk-based approach to renewal and maintenance will be adopted
B.
Risk-based maintenance will deliver an improvement in the failure rate of assets of 10% for no increase in cost by September 2011
C.
Risk-based maintenance will be introduced at Depot A in September 2011 with the following work volumes
D.
Risk based provide direction for Asset and Non-Asset Class Planning
The Answer Is:
A
This question includes an explanation.
Explanation:
AnAsset Management Objectiveis typically astrategic-level goal, not overly detailed or time-bound. It focuses on intent, such as adopting a methodology or aligning with a principle. Option B and C areperformance targets or KPIs. D is grammatically incorrect.
Exact Extract from ISO 55001:2014, Clause 6.2 – Asset Management Objectives:
“Objectives shall be consistent with the asset management policy, measurable (if practicable), and aligned with achieving value from assets.”
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