Asset Management, Reliability engineering, predictive and preventative maintenance; these are the new catch phrases of the day. But what do they really mean? What does it look like when implemented? Are reliability engineering and asset management the same thing? How do I present and argue the inherent value of embedding these practices into my business and drive not only compliance but a commitment to doing them and improving them? In today’s talk we will endeavor to help put the topics of Asset management, Reliability engineering, predicative and preventative maintenance in context for electrical utilities, and provide guidance to support your journey in successful implementation and sustainment of these practices.