Written by: Analisa Munhall & Nicholas Willis, Wichita State University Environmental Finance Center
Do you have aging equipment? Looking for a way to continue operating safely and prepare for the future? Nick Willis with Wichita State University EFC, invites us to consider a few things as we evaluate the criticality, the risk, and probability of failure when it comes to systems with older and aging equipment.
Additional Resources:
- EFCN Blog Series | Turning Data into Action Part 1: Beyond the inventory – What Asset Management Planning Really Means
- EFCN Blog Series | Turning Data into Action Part 2: Start Small – Building an Asset Management Plan that Works for You
- EFCN Blog Series | Turning Data into Action Part 3: Turning Sense into Dollars – Using Asset Management for Financial Decisions