ARCHIBUS Condition Assessment provides a process for evaluating physical assets. It tracks and effectively manages deferred maintenance liabilities to mitigate risk and enable a closed loop process.
The application can help increase asset service life, minimize costly downtime, reduce administrative expense, and streamline capital planning and budgeting processes. Assessors in the field can evaluate the condition of a facility and its equipment to ensure that assets are functioning according to operational and safety guidelines. Items that are not up to standard can be noted and addressed before problems arise.