Lifecycle · The replacement schedule · Element
The condition
How the asset is actually holding up against the expectation.
The part
What it is
Condition assessment is what turns a schedule from a calendar into a plan. Assets diverge from their expected life in both directions.
Rising failure rate and rising maintenance cost are the two readings that precede failure reliably.
The smallest level
The attributes it carries
Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.