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Global Maxima and Global Minima
Similar to the concept of early start year and late start year.

A probability distribution for the full class of assets belonging to an equal life group.
Some of the key statistical elements of an asset survivor curve
Fig. Some of the key statistical elements of an asset survivor curve.


Local minima and local maxima compared to the global minima and maxima on a probability distribution
Fig. Local minima and local maxima compared to the global minima and global maxima on a probability distribution. The poor performers occur in the shaded area.



Survivor curve with an overlay of the PF interval to correlate the generic class to the local circumstances
Fig. A generic survivor curve overlaid with the points of potential failure (P) and functional failure (F) of the same asset at two buildings to draw the correlation between the maxima (the class) and the minima (the site conditions).

See also:
Compare with:
  • Local Maxima and Minima

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Fig. Extended PF interval.

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