End of life

Decision Type:

Method Category:

Categories: Terms

The instant an item fails to perform its intended function within desired specifications with no recourse for corrective maintenance. May also refer to the retirement or decommissioning of an item even if still in working order.

Asset life
The period of time from asset creation to end of life or retirement.

« Back to Glossary Index

About Fred Schenkelberg

I am the reliability expert at FMS Reliability, a reliability engineering and management consulting firm I founded in 2004. I left Hewlett Packard (HP)’s Reliability Team, where I helped create a culture of reliability across the corporation, to assist other organizations.

About Fred Schenkelberg

Leave a Reply Cancel reply