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PAS 55-2008: A standard for managing assets

Three engineers are in a bar for their weekly get-together and they are discussing the state of the economy and how the country’s assets are failing to provide the desired levels of service. The first engineer, a civil engineer, highlights that the issue is lack of maintenance and investment and the way to remedy the situation is to invest in new builds. The second engineer, an electrical engineer, identifies the lack of investment in maintenance over the past decade as well as the lack of skilled artisans.

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