EXAMPLE BRIEFW/P PROJECT LAB — 006 / ASSET DECISIONS
The £50,000 question
PROJECT — This is an example of the kind of brief Wiggins Projects could investigate, not a completed client assignment.
The challenge
A business is unsure whether to maintain, repair or replace vehicles and equipment. Intuition, sunk cost and unreliable resale assumptions cloud the decision.
How we'd approach it
- Collect condition, cost, use and downtime information.
- Model remaining-life and replacement scenarios.
- Compare financial outcomes and operational risk.
Potential deliverables
Scenario model, assumptions register and replacement recommendation.
Who it's for
Fleet and machinery owners