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Urgent and Important
Projects or maintenance tasks that are pressing and have significance if they are delayed.

The Urgency-Importance matrix plots four quadrants, of which this group of projects occupy the top-right quadrant.

This quadrant is reserved for projects related to assets that are: "high priority in poor condition".

Items in this quadrant may have a high probability of failure (PoF) and a high consequence of failure (CoF).



Attributes
Listed below are some of the key attributes of this quadrant:

Management Principles
Included below are some asset management principles for consideration relative to tasks and projects that are considered important-but-not-urgent.
  • The owners' focus should be on "prevention" rather than "recovery" (left side of the risk bowtie).

Items that are both urgent and important are shown in "red "on the location chart.
Fig. Items that are both urgent-and-important are shown in "red" on the location chart.



Criticality matrix with four quadrants to help prioritize action.
Fig. Criticality matrix with four quadrants to help prioritize action.


I. Care is trying to re-align his building’s magnetic north and thereby use his building as a sundial to cast a shadow to identify all the critical assets
Fig.  I. Care is trying to re-align his building’s magnetic north to geodetic true north and thereby use his building as a sundial to cast the right shadow and identify all the critical assets.

See also:
Compare with:

I. Care is establishing priorities for the different assets but is fighting forces that necessitate periodic re-prioritization.
Fig. I. Care is establishing priorities for the different assets but is fighting the "forces" that necessitate periodic re-evaluation and re-prioritization.

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