Obsolescence is a driving force behind the decisions to renew or replace assets.

Obsolete can mean no longer useful or no longer in style. Defining what it means to an organization early, not later, saves effort and resources. Obsolescence is a driving force behind the decisions to renew or replace assets. However, most asset management programs wait until after a field condition assessment is completed before discussing what asset obsolescence means. As part of asset management policy, incorporating obsolescence saves resources associated with a field co