This course covers Condition-Based Value Adjustment Awareness, which involves adjusting collateral valuation based on the observed physical condition, operational state, maintenance quality, and usability of movable assets and equipment within the Credit Technical & Valuation Services credit workflow. It focuses on understanding how wear and tear, damage, maintenance history, operational efficiency, and physical deterioration affect depreciation levels, marketability, recoverability, and the overall valuation of plant, machinery, and equipment-backed collateral. The course evaluates key dimensions such as usability analysis, depreciation assessment, and specialized technical and legal evaluation practices, with each requiring independent validation and documented rationale before any credit action is finalized. It is distinct from broader related credit management processes, as it focuses specifically on structured identification, assessment, and escalation of condition-related valuation risks associated with movable asset-backed exposures and equipment valuation frameworks, while related credit management processes address wider lending governance, approval structures, and portfolio oversight with separate evidence standards, ownership, and approval authority. Within Movable Asset & Equipment Valuation, the senior credit leader sets portfolio limits, governs exception criteria, and drives strategic alignment across the Credit Technical & Valuation Services function, shaping escalation scope and credit committee priorities.