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1.1 This practice covers the process by which open production and failure related demand requirements are fulfilled using existing equipment components.

1.2 This practice is intended to be applicable and appropriate for all asset-holding entities.

1.3 This practice covers property assets categorized as equipment.

1.4 This practice can be applied to an individual asset, groupings of assets, or to all, or a subset of an entity’s assets.

1.5 This practice clarifies and enables effective and efficient support of assets in accordance with the provisions of Practice E2279.

1.6 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety, health, and environmental practices and determine the applicability of regulatory limitations prior to use.

1.7 This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.

4.1 This practice establishes a standard control methodology to aid in fulfillment of shortages derived from production requirements or equipment failures.

4.2 This practice encourages an inclusive understanding and communication of the control and tracking of assets, and enables meaningful discussion between parties with interest in the asset.

4.3 This practice is intended to foster and enable additional standard practices related to or based on these terms and concepts.