Analysis asset number Number that identifies the primary asset on the analysis. See Also Consequence priority The asset’s consequence priority number is typically the result of asset prioritization analysis, although it can be set manually. Consequence priorities are often used when sorting and analyzing the work backlog for scheduling or when analyzing asset failure information. APM also uses consequence priorities to determine whether or not to push indicator alarms up the physical hierarchy so that they will be visible on higher levels in the indicator monitoring panel. Warning: The ranking number assigned to consequence priorities is also used to calculate alarm notification rankings for indicator alarms. If you do not select a priority setting for an asset, alarm notifications might not be pushed up the hierarchy to be displayed on a parent asset. This can affect the display of the alarm in the site’s Inspection Management view. See Also Function A function is whatever the asset is required to do. For example, the function of a truck might be to transport up to one tonne of freight at a maximum highway speed not less than 90 km/h. Each asset can have several functions but just one primary function. When failure mode optimization requires Isograph Availability Workbench, this attribute is mapped to the function description in AWB. See Also
