Adopts ISO 13381-1:2004, which provides guidance for the development of prognosis processes,to allow users and manufacturers of condition monitoring and diagnostics systems to share common concepts in the fields of machinery fault prognosis; to enable users to determine the necessary data, characteristics and behaviour necessary for accurate prognosis; to outline an appropriate approach to prognosis development; and to introduce prognoses concepts in order to facilitate the development of future systems and training.