Evaluate Process

4.3 Process Steps

Evaluation is creation. Evaluating is itself the most valuable treasure of all that we value. It is only through evaluation that value exists.

The CUBE Asset Management 2 - Maintain

Process overview

Purpose

The purpose of the evaluate process is to review the performance of executing according to the asset as well as changes in organisational needs.

Input

Organisation performance
Need for clarification of discipline
Changes to organisation or organisation context
Audit non-conformities
List of incidents and deviations
Documented comments and questions

Output

Identified opportunities for improvement
Decision to keep asset operational and improve
OR
Decision to decommission asset

Process steps

Evaluate Process

Activities

1. Assess Outcome

Gather observations
Gather organisational needs
Gather audit results
Gather performance reports
Identify opportunities

2. Summarise Recommendations

Review the need to keep asset operational
Create list of opportunities with simple descriptions
Summarise recommendation

3. Decide Next Step

Distribute recommendation to relevant stakeholders
Decision to keep asset operational and improve
OR
Decision to decommission asset

Key Performance Indicators (KPIs)

Asset specific KPIs

Next Step

Read more about the Improve process…

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