Ronald Fream, the acclaimed golf course architect whose business practice has focused spread to the international arena, commented to me while we were touring Nine Bridges Golf Course in Jeju, Korea, “A course is only as designed by the architect on the day it opens.” A golf course is a living organism that is constantly changing. There are two constants: the equipment that is required to properly maintain a course and the replacement life cycle. Comparing the available equipment to industry standards and identifying deferred capital benchmarks provides valuable information.