Asset Condition as a Vector Quantity, Not a Scalar Quality

Paul Daoust
SCIO Asset Management Inc.
6 min readDec 1, 2021

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I had a pleasant LinkedIn exchange recently with a respected fellow consultant who was touting the virtues of assessing asset condition. His approach seemed very reasonable and in fact, is aligned with the practice many asset-owning organizations employ.

I found it, shall we say… lacking a certain something.

Photo by Michael Dziedzic on Unsplash

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Paul Daoust
SCIO Asset Management Inc.

Thought, Knowledge & Decision Enthusiast in Operational Excellence and Asset Management for Industrials at Scio Asset Management