Status Asset status represents the operational state of an asset and whether or not it is available for use. APM uses the status of an asset to determine whether or not work is triggered and whether or not components are available for installation. Sites can also use statuses, but these statuses are specific to sites and cannot be used for assets. Status is particularly important for components because it reflects a component’s repair and availability status. For example, when a component is out of service, the status can also indicate whether the component is a spare and available for use, is in the shop for repair, is out for vendor repair, or has been scrapped. When you change the status of a parent asset, the statuses of its children are also changed (provided the previous statuses of the assets were the same). See Also Asset Status The status that the asset or site is changed to. If you are changing the status, select an appropriate status from the list. An assets status is shared by its child assets. If you change the status of an asset, the status of every child asset will also be changed. If any of the child assets are component locations, their installed components will have the same status. Note that changing the status of the site will not affect the status of the assets on that site. A change in asset or site status may affect the triggering of work orders from some standard tasks. See Also Status Change Date The date and time that the asset status change took place. See Also
