Practical guide
Facility Asset Registry Fundamentals
Designing a taxonomy that survives contact with the field and exports to a CMMS.
Modules
- Identifiers, attributes and hierarchy
- Tying assets to location and imagery
- Planning a refresh cadence
Outcomes
- Draft a basic asset taxonomy for a facility
Professional boundaries
- Legal boundary and property line determinations require a licensed land surveyor.
- Final tax positions, asset lives and depreciation treatment require a qualified tax professional.
- Structural, mechanical and other engineering conclusions require a licensed engineer.
- Official valuations and appraisals require a licensed appraiser.
- Thermal imagery indicates apparent anomalies only and is not a diagnosis.
- Legal opinions, causation findings and expert testimony require qualified counsel and retained experts.
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