Enbridge Gas Distribution is embarking on a journey to implement and operationalize the Asset Management Initiative based on ISO 55000 Framework. The goal being to develop an overall optimized multi-year portfolio of capital projects by evaluating risk impact categories (customer/safety/financial) operational benefit and project cost performance in terms of Risk Reduction on Investment. The project selection process would evaluate the entire asset life cycle, supported by an integrated set of decision-making processes, asset intelligence through data analytics, and integrity assessments complemented by tacit knowledge. In developing the proper asset intelligence, Enbridge is currently in the process of implementing an Asset Health Review (AHR) to categorize the specific Health Indices for each gas carrying asset based on a number of factors such as: age, utilization, asset conditions, failure modes analysis, maintenance history, etc. The Health Index will help determine the risk level of the asset, and eventually assist in the replacing vs. repairing decision of the asset. The Health Index will be a leading indicator of where to focus our investments in the multi-year capital budget plan strategy. This presentation will take you through the journey in performing the AHR for the Stations Asset Class which eventually leads to the development of a Health Index for each asset.