LUL - G0043B
Obsolescence management
| Organization: | LUL |
| Publication Date: | 1 August 2022 |
| Status: | active |
| Page Count: | 34 |
scope:
The scope of this document is to provide an introductory overview of obsolescence. Guidance on other obsolescence topics can be found in the guidance documents below:
a) G0043A Introduction to obsolescence - An introduction to obsolescence topics, guidance on the causes of obsolescence and the relationship between obsolescence and lifecycles.
b) G0043B Obsolescence management - Guidance on obsolescence management, assessing obsolescence risk, resolving obsolescence issues and managing the supply chain.
c) G0043C Further obsolescence guidance - Guidance on specific obsolescence issues including software.
The aim of this suite of documents is to provide an initial point of reference for LU and Transport for London (TfL) staff to enable them to:
a) Enhance their knowledge of obsolescence and obsolescence management
b) Understand current obsolescence management best practice
c) Make initial judgments in assessing the obsolescence risk of an asset
d) Understand what activities need to be taken to minimise the risk of obsolescence
e) Understand what actions can be taken in the event of an obsolescence issue impacting an asset.
Purpose
The purpose of this document is to outline the approach to be taken to manage obsolescence risks. This document is composed of four sections.
a) Obsolescence management overview - An overview of the key steps in the obsolescence management process
b) Assessment of obsolescence risk - A description of how to undertake assessment of parts, components and assets to determine obsolescence risk
c) Resolving obsolescence issues - A description of strategies that can be applied to address obsolescence risks
d) Managing and Supporting the Supply Chain - Guidance on how to engage the supply chain to ensure effective obsolescence management across the contractual divide
This guidance supports the LU Obsolescence Management standard S1043.
This document forms part of a suite of guidance documents covering aspects of obsolescence and obsolescence management.
Document History