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4. Property status and events
4.1 Failure
The main event that can occur on an asset is the failure event, defined as the cessation of the asset's ability to perform its required function. Following the occurrence of a failure, the asset will be in a state of breakdown, as defined in § 4.2 .
Depending on whether the failure concerns the asset's main required function or one of its secondary functions, the failure is said to be total or partial. In this case, the asset can...
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Property status and events
Maintenance types and strategies
