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Potential Life

The fullest possible lifespan as a result of all the necessary and sufficient maintenance performed on an asset. which is defined, depending on the asset, as either:

The optimistic end of the median service life spectrum.

The potential life of some bounded assets is limited by the age-based replacement standards set in the regulations. In these cases, there is no opportunity to extend life.

Potential life achieved as a result of adequate maintenance
Fig. Potential life achieved as a result of adequate maintenance


.The impact of maintenance on extending the life of assets as represented on a calendar timeline
Fig. The impact of maintenance on "extending" the life of assets as represented on a calendar timeline.

See also:
Compare with:
Seasonal maintenance including winterizations and summerization activities
Fig. Seasonal maintenance including winterizations and summerization activities.

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