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The people making the decisions around funding want to know how confident are you on the data you have used to develop the expenditure forecasts projected in your asset management plan.
In this video, Ross provides details on:
- significant assumptions you need to consider in your asset management plan;
- some of the data confidence levels you have to unpack starting with the inventory;
- the asset management plan processes you need to know;
- reliability of your forecast;
Ross gives a substantial explanation of confidence levels, which is crucial for your infrastructure asset management planning.