Which item is typically included in an Asset Information Strategy?

• A. A list of all vendors and prices
• B. Policy, data integrity processes, R&R's, gap analysis, information processes
• C. A safety drill schedule
• D. An environmental permit register

Answer: (B)

Asset information strategy focuses on establishing governance and processes for asset data to enable reliable decision making. It includes a policy that sets rules for how data should be created and managed, data integrity processes to ensure accuracy and consistency, roles and responsibilities for people who own and manage the data, a gap analysis to identify missing data or systems, and defined information processes that specify how data flows, is updated, stored, and accessed. This combination is exactly what the option lists, making it the best fit for an asset information strategy.

Other items belong to different domains: a vendor list and prices is procurement-related information; a safety drill schedule is part of safety/operational procedures; an environmental permit register concerns compliance and environmental management.