So show me the money! What is your facility or system going to cost over the next 20 years, and what is your data telling you about that number?

RUL is a condition based estimate of how long the asset can continue to perform its intended function. It’s based on degradation, inspections, performance, and failure modes. RUL is used for maintenance, risk management, and operational planning, but has nothing to do with accounting or depreciation schedules.

High-reliability organizations (HROs) build bridges between these viewpoints. They align engineering, finance, and operations so that asset decisions are defensible, practical, and focused on long-term value.