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IEC TR 62978:2017(E) gives guidelines on the current asset management perspectives for HVDC installations based on best practices of asset owners, operators, users, original equipment manufacturers and regulators within the power industry. This document covers HVDC systems with Line-Commutated Converters (LCC) and can be generally applied to Voltage Sourced Converters (VSC), not including specific equipment or sub-equipment required under VSC. This document provides base guidelines on fundamental aspects and prudent practices to be considered by stake holders in managing HVDC assets. Compliance to additional requirements and recommendations stipulated in this document by the supplier or OEM are non-obligatory, unless explicitly specified by the customer.