Asset Decision Matrix Phase 2: Determine Cause of Failure and How to Prevent Failure

Once you’ve intervened in an asset failure, it’s time to evaluate the major causes of the asset failure and determine what action you can take to prevent or mitigate future failures. If your asset failed unexpectedly, you can use the categories in this resource to guide your asset autopsy, and determine what the likely causes were, and what types of intervention could have forestalled the failure. If you can’t definitively say which factors contributed to your asset failure, resources are available to help you with such determinations. The available resources are listed at the bottom of this decision matrix. Even if an asset has not failed, you can use this framework to review O&M and monitoring activities related to your crucial assets.