Home        About       News       Library       Contact
1

"Good" (Condition)
One of the relative positions on a condition index that can be applied to either individual assets (such as roofs or boilers) or entire facilities.

"Good" forms part of a linguistic scale (index) rather that is typically applied to a group of measures that are underpinned by a numerical scale.


Scale
The typical linguistic scale utilizes terms such as “excellent”; “good”, “fair”, “poor” and "critical".


Attributes
Listed below are some of the characteristics of an asset or facility at this condition level:

Application to Facilities
The "good" ranking classification is utilized in the following key performance indicators
Generally associated with a facility that is operating at Level 1: showpiece facility or Level 2: comprehensive stewardship.


Evaluation
Listed below are some of the merits of this condition ranking scheme.
  • The ranking scale is simple and intuitive to use.
Listed below are some of the merits of this condition ranking scheme.
  • The terms are subjective and relative. 
  • The four tiered ranking scale may be too granular in some circumstances.
Example of a facility in poor condition established by the facility condition index and extended facility condition index
Fig. Two key performance indicators (KPIs) confirming that a facility is in relatively "good" condition.


1
Fig. Orderly spotlessness of the interior finishes at a showpiece facility.

Relationship between FCI, funding levels and facility operating standards.
Fig. Relationship between FCI, funding levels and facility operating standards.

See also:

example of the progression of deterioration from "P" to "F" along the P-F curve
Fig. An example of the progression of deterioration from potential failure ("P") to functional failure ("F") along the P-F interval.

(c) Copyright Asset Insights, 2000-2013, All Rights Reserved - "Insight, foresight and oversight of assets"