The TEAMQF Gap Tool

The best practice guidelines provided in AMPLE define the world's best practice for particular stages of the asset life cycle. Access to these best practice guidelines enables asset managers and operators to make informed decisions.

It is to be understood that world's best practice is not necessarily appropriate for all organizations. Different organizations need to be able to determine their own best appropriate practice (BAP) and may also need to determine a BAP for various asset types. A combination of the technical and financial considerations over the entire life cycle of an asset will lead to BAP asset management.

The gap between innocence and BAP can be reduced according to the business risk, which is based on the organization's ability to fund the improvements required to achieve its long term goals.