Model Status
Asset Model Management
What the model can be relied upon for
An updated record of the asset at a fixed point in time incorporating any major changes made since handover, including performance and condition data and all information required for operation and maintenance
Output
Agreed final account In use performance compared against Project Brief Project process feedback: risk, procurement, information management, Soft Landings
Parametric information
Revisions for modifications to the facility during its life
Project costs
Actual in-use costs Asset replacement sinking fund
