Definitions

LC1 | Asset Acquisition: Ensure new assets are correctly specified, fully documented, and are maintainable in preparation to realize maximum useful life.

LC2 | Asset Commissioning: Test commission, and turnover assets for operation.

LC3 | Asset Operation: Define operator care, performance monitoring, critical process parameters, and continuous improvement.

LC4 | Asset Disposal: Assess asset health, asset useful life, asset obsolescence, and asset replacement.

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