The need of proper investment planning in mid and long-term horizon and lifecycle observation comes out from stakeholder's requirements. Asset simulation helps management in their strategic decisions and supports negotiations with stakeholders. In certain countries, asset management tools are required by their national regulatory body. For long-term simulations of maintenance and renewal costs in AM it is important to have consistent data records in terms of quality and range, apply correct way

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... of asset data collection and evaluation and use these data to objectively determine individual asset's condition. After simulated and real condition comparison (feedback from the field) is done it is possible to enhance the model and proceed to tasks from operation (OPEX) and investments (CAPEX), which are important for funds allocation. In the article higher detail is focused on parameter collection with workforce on low voltage level and asset condition visualization in GIS.