Asset Replacements

The Asset Replacements view lists your equipment ranked by when it's expected to need replacing, so you can plan ahead instead of reacting when something fails.

What drives the replacement estimate

Each piece of equipment tracks:

• Installation Date — when it went into service.
• Estimated End-of-Life — the date it's expected to need replacing.
• Remaining Useful Life — calculated from today's date to the estimated end-of-life.
• Replacement Value — what it would cost to replace, which can be shown adjusted for inflation.
• Planned Replacement Date — when you actually intend to replace it, which may differ from the estimated end-of-life if you're planning around budget cycles.

Turning a replacement into a project

Asset Replacements is a planning view, not an automatic trigger — nothing happens on its own as equipment approaches end-of-life. When you decide to act on a piece of equipment, you create a Capital Project for it.

A worked example

An HVAC unit installed 12 years ago has an estimated end-of-life 3 years from now. It shows up on the Asset Replacements list with its remaining useful life counting down and its inflation-adjusted replacement value shown as a current-dollar estimate. Seeing it approaching sooner than expected, a facilities manager creates a Capital Project for it now, timed a year ahead of the estimated end-of-life to line up with the next budget cycle.