A condition monitoring system, comprising: one or more sensors configured to interface with at least one asset in a collection of assets and generate sensor data corresponding to at least one operating parameter of the at least one asset, the at least one asset associated with one or more condition monitoring attributes; and an asset monitoring system communicatively coupled to the one or more sensors via a network, the asset monitoring system including a memory, a display including a graphical user interface, and a processor configured with executable instructions, which when executed is characterized by causing the processor to: receive, route plan input provided by a user via the graphical user interface, the route plan input received in response to a fault condition alarm generated for the at least one asset based on sensor data received from a sensor interfaced with the at least one asset indicating a fault condition associated with the at least one operating parameter of the asset, wherein the route plan input includes input identifying one or more condition monitoring attributes provided by the user via the graphical user interface and wherein the one or more condition monitoring attributes includes selections associated with an alarm level attribute, a criticality attribute and a priority attribute; determine, based on the input, a route plan identifying a list of assets from which additional sensor data is to be collected, the route plan determined based on matching the one or more condition monitoring attributes identified in the route plan input with one or more condition monitoring attributes associated with the collection of assets, wherein the assets identified in the route plan include assets in the same collection as the at least one asset for which the fault condition alarm was generated, and output the determined route plan on the display as a map showing the location of the assets in the list of assets from which the additional sensor data is to be collected. one or more sensors configured to interface with at least one asset in a collection of assets and generate sensor data corresponding to at least one operating parameter of the at least one asset, the at least one asset associated with one or more condition monitoring attributes; and an asset monitoring system communicatively coupled to the one or more sensors via a network, the asset monitoring system including a memory, a display including a graphical user interface, and a processor configured with executable instructions, which when executed is characterized by causing the processor to: receive, route plan input provided by a user via the graphical user interface, the route plan input received in response to a fault condition alarm generated for the at least one asset based on sensor data received from a sensor interfaced with the at least one asset indicating a fault condition associated with the at least one operating parameter of the asset, wherein the route plan input includes input identifying one or more condition monitoring attributes provided by the user via the graphical user interface and wherein the one or more condition monitoring attributes includes selections associated with an alarm level attribute, a criticality attribute and a priority attribute; determine, based on the input, a route plan identifying a list of assets from which additional sensor data is to be collected, the route plan determined based on matching the one or more condition monitoring attributes identified in the route plan input with one or more condition monitoring attributes associated with the collection of assets, wherein the assets identified in the route plan include assets in the same collection as the at least one asset for which the fault condition alarm was generated, and output the determined route plan on the display as a map showing the location of the assets in the list of assets from which the additional sensor data is to be collected. receive, route plan input provided by a user via the graphical user interface, the route plan input received in response to a fault condition alarm generated for the at least one asset based on sensor data received from a sensor interfaced with the at least one asset indicating a fault condition associated with the at least one operating parameter of the asset, wherein the route plan input includes input identifying one or more condition monitoring attributes provided by the user via the graphical user interface and wherein the one or more condition monitoring attributes includes selections associated with an alarm level attribute, a criticality attribute and a priority attribute; determine, based on the input, a route plan identifying a list of assets from which additional sensor data is to be collected, the route plan determined based on matching the one or more condition monitoring attributes identified in the route plan input with one or more condition monitoring attributes associated with the collection of assets, wherein the assets identified in the route plan include assets in the same collection as the at least one asset for which the fault condition alarm was generated, and output the determined route plan on the display as a map showing the location of the assets in the list of assets from which the additional sensor data is to be collected.