With the reform of group management in the planning, construction, operation, maintain, marketing five aspects and centralized management in human, financial, material three aspects of State Grid and the marketing system construction of customer-oriented, flattening organization, intensive business, professional management, real-time control and coordinated service, intensive management of measuring asserts has become the core business of center of measurement in each provincial company, and life cycle management is the best way to achieve this goal. Measuring asserts have characteristics of large number, low unit price, wide use range and easy replacement, and directly relates to social factors such as people’s livelihood, harmony and stability, so quality management is the core of measuring asserts life cycle management. Around the core, study on analysis evaluation model of measuring asserts life cycle management is carried out, and system architecture is designed, and finally the system function and application is stated in the paper.