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8

Reliability

Probability that an asset will perform its intended function(s) satisfactorily for a specified time under stated operating conditions

The many benefits of implementing an asset management system in accordance with the requirements of ISO 55001
Fig. Increased system reliability is one of the many benefits of implementing an asset management system in accordance with the requirements of ISO 55001.


Stakeholder requirements converted into value
Fig. Stakeholder requirements converted into value.

See also:


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