4.1 This practice establishes a standard equipment internal control methodology to safeguard or protect assets and aid in requirements determination and communication with the end goal of the promulgation of safe, secure, cost effective, and risk appropriate control and tracking methodologies.

4.2 The ECCs provide standard classes for equipment based on control and tracking requirements for equipment.

4.3 The ECLs provide standard names and definitions for existing equipment control practices.

4.4 The ECM relates the equipment control classes to the equipment control levels, providing a baseline for determination of safe, secure, risk appropriate, and cost-effective control and tracking of various classes of equipment.

4.5 This practice encourages an inclusive understanding and communication of the control and tracking of equipment and enables meaningful discussion between parties with interest in the equipment.

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

4.7 This practice provides the ability to change ECCs on certain assets based upon facts, circumstances, and experience. (See Practice E2378.)

4.8 This practice promotes the achievement of best value in the requirements of asset management to the benefit of the owner and other stakeholders.

1.1 This practice describes equipment control classes (ECCs), equipment control levels (ECLs), and their relationships.

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

1.3 This practice covers property categorized as equipment. Equipment as defined in Terminology E2135 is non-expendable, tangible moveable property needed for the performance of a task or useful in effecting an obligation.

1.4 This practice can be applied to an individual item of equipment, to groupings of equipment, or to all or a subset of an entity's equipment.

1.5 In accordance with the provisions of Practice E2279, this practice enhances internal controls, and clarifies and enables effective and efficient control and tracking of equipment.

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.