Treat Asset Data as a Control
Use asset information quality as a control for better risk and maintenance decisions.
Bad asset data is a control failure wearing an admin costume. The principle Asset information is part of the control system for asset management. It is not admin residue after the real work is done. ISO 55001 requires controlled information and performance evaluation because asset decisions depend on what the organization can know, not what one expert remembers. If failure modes are coded badly, condition data is trapped, and work orders do not record downtime or cause, the site loses the ability to choose between repair, redesign, replacement, spares, and operating changes. The mechanism is decision-grade data. Decision-grade does not…
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