Model Status

Asset Model Management

What the model can be relied upon for

An updated record of the asset at a fixed point in time incorporating any major changes made since handover, including performance and condition data and all information required for operation and maintenance

Output

Agreed final account In use performance compared against Project Brief Project process feedback: risk, procurement, information management, Soft Landings

Parametric information

Revisions for modifications to the facility during its life

Project costs

Actual in-use costs Asset replacement sinking fund