Type Name

The name of this asset type. You can enter up to 50 characters. If this box is left blank, an error message will appear.

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Abbreviation

Short form for the asset type to be used in charts and graphs.

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Allows Changes to Icon

Select this option to allow the icon to be changed for assets created using this asset type.

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Photo folder

Folder where asset photos will be stored. Alternatively, a sub-folder will be created for each photo, identified with the asset’s number.

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Allow this classification to be changed on assets of this type

Select this option to allow the classification to be changed for assets created using this asset type.

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Asset registration numbers

If your organization requires that some assets be registered with a governing authority, you can make it optional or mandatory to record registration numbers for assets of this type.

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Mimosa asset type

Possible values for this property are “asset”, “segment”, or “none”. The value is provided when an asset type is created or updated when AssetWise Enterprise Interoperability is used to exchange data with an external CMMS.

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Costs can be charged directly

Select this option if costs are allowed to be charged directly to assets of this type when the costs are not associated with a work order.

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Assets of this type include address information

Select this option if address information can be recorded for assets of this type.

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Only components of the same asset type can be installed at locations of this type

When this option is selected, APM will not allow components with this asset type to be installed in locations with a different asset type. Note: If you choose to match asset types for components and locations (that is, the component and location must both have the same asset type), you should also select the option that allows an asset’s classification to be changed. If you do not select this option, you will not be able to create components and locations that use the same asset type.

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Assets of this type support property change requests

When this option is selected, change requests can be created and sent to the external system that manages assets and work using AWEIS.

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Default template

Asset change request template that will be applied to new asset change requests.

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Assets of this type support remove equipment requests

When this option is selected, assets of this type can be recorded as removed from their locations. AWEIS conveys the removal request to the external system that controls assets and work.

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Operating parameters can be defined for assets of this type

Select this option to make the Operating Window available in the Asset window for assets of this type. Parameters provide numerical information about the asset’s designed, actual, and integrity operating variables. Indicators can be assigned to track these parameters.

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Barriers can be defined

Select this option to allow users to create barriers for assets of this type. A barrier is a means of slowing or mitigating asset degradation. For example, coating, lining, and chemical treatment are used to slow corrosion in metal piping.

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Assets of this type are used as measurement devices on readings

Select this option if assets of this type are used as measurement devices used to record readings for indicators or measurement points.

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First level regulatory information is supported for assets of this type

Regulatory tracking for assets of this type uses agency level 1 regulations.

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Second level regulatory information is supported for assets of this type

Regulatory tracking for assets of this type uses agency level 2 regulations.

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Third level regulatory information is supported for assets of this type

Regulatory tracking for assets of this type uses agency level 3 regulations.

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Work requests, work order tasks, and standard tasks can be created

Select this option to allow users to create these work documents for assets of this type.

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Standard jobs can be created

Select this option to allow users to create standard jobs for assets of this type.

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Downtime incidents can be reported against assets of this type

Select this option to allow users to report downtime incidents against assets of this type.

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Production loss accounting rules can be defined on assets of this type

Select this option to allow users to set the rules that determine how downtime costs are calculated for the asset. If you do not set downtime cost rules on an asset, the system uses the cost rules from an ancestor asset to calculate the downtime costs. If you select this option, the Downtime and Production Loss tab appears on the Asset window.

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Production loss events can be reported against assets of this type

Select this option to allow users to add products and production loss equations to assets of this type. If you select this option, the Production tab appears on the Asset window.

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Assets of this type can be protected by a protective device

Allows assets of this type to be identified as protected assets in a safety instrumented system (SIS) definition.

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Assets of this type can protect other assets

Allows assets of this type to be identified as protective assets in a safety instrumented system (SIS) definition. For example, pressure valves are commonly used protective assets.

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Construction forms can be created for assets of this type

Allows assets of this type to be referenced on construction forms that identify equipment to be installed for a construction project. The form’s asset is typically the location where assets are to be installed, for example, a substation.

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Supports a single child asset

Allows the creation of a child asset at the same time that its parent is generated from the construction form. You can enter the information for both at one time and, when the form is processed, two assets are created with the child-parent relationship.

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Gas transactions can be created for assets of this type

Allows assets of this type to be referenced on gas transactions that record information such as the gas container’s current weight, the amount of gas applied to a circuit breaker, and gas loss.

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Assets of this type are used as scales for measuring gas container weight

Assets of this type have Scale Info properties and support calibrations. They can be referenced on gas transactions.

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Requests for work can be created for assets of this type

Select this option to allow requests for work to be created in APM and sent to an external CMMS.

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Assets of this type typically exist in your CMMS

If selected, this option indicates that the asset type has an equivalent in the CMMS. Note: This option is available only if CMMS integration is active for the site.

Integrity group

Integrity group is identified on asset types, providing an easy mechanism to group similar assets. For example, integrity groups can be created for piping systems, vessels, and heat exchangers. In risk analyses, integrity groups are used in inspection factor matrices to help determine a failure mode’s Inspection Factor, Inspection Strategy, and Inspection Interval as a result of confidence evaluations.

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Probability of failure

The evaluation group assigned to assets of this type. Probability evaluations will display questions from categories assigned to the group.

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Health and safety effects

The evaluation group assigned to assets of this type. Health and safety evaluations will display questions from categories assigned to the group.

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Environmental effects

The evaluation group assigned to assets of this type. Environmental evaluations will display questions from categories assigned to the group.

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Reputation effects

The evaluation group assigned to assets of this type. Reputation evaluations will display questions from categories assigned to the group.

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Failure mode estimate

To help the analysis team estimate the time required to complete strategy development analyses (for example, MTA2 or RCM2), you can enter the estimated number of failure modes per asset for the asset type. As failure modes are created for assets of this type, they are listed on this tab. Tip: To view the estimates for other asset types, select the site’s Assets view, the Settings tab, and the Asset management settings node in the tree. Select the Asset Types tab. This tab shows each asset type’s failure mode estimate.

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Override standard risk analysis options for assets of this type

Select this option to specify the risk analysis options for the asset type. Click New to define the settings for a specific site. You can also select the likelihoods of failure and demand scenarios that are valid for the asset type.

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Likelihoods of failure

By default, all likelihoods are valid for the asset type. To specify valid likelihoods, select Only the likelihoods of failure selected below are valid for this asset type. All of the likelihoods defined for the site are listed. Select the valid likelihoods.

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Demand scenarios

By default, all scenarios are valid for the asset type. To specify valid scenarios, select Only the demand scenarios selected below are valid for this asset type. All of the scenarios defined for the site are listed. Select the valid scenarios.

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Integrity risk summary

When this option is selected, assets of this type will display the Integrity Risk Summary tab in their Risk Assessment views. The data is compiled from all of the criticality assessments on the asset’s failure modes. Only RBI analyses are included.

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Reliability risk summary

When this option is selected, assets of this type will display the Reliability Risk Summary tab in their Risk Assessment views. The data is compiled from all of the criticality assessments on the asset’s failure modes. Only MTA2 and RCM2 analyses are included.

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Safety risk summary

When this option is selected, assets of this type will display the Safety Risk Summary tab in their Risk Assessment views. The data is compiled from all of the criticality and safety assessments on the asset’s failure modes. Only SIF and HAZOP analyses are included.

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Yes, the asset risk summary view is displayed on assets

When this option is selected, the Asset Risk view appears in the Asset window of assets of this type.

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Integrity risk

When this option is selected, risk information from RBI analyses is summarized for the asset and its descendants and displayed in the Integrity Risk Summary tab.

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Reliability risk

When this option is selected, risk information from MTA2 and RCM2 analyses is summarized for the asset and its descendants and displayed in the Reliability Risk Summary tab.

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Safety risk

When this option is selected, risk information from SIF and HAZOP analyses is summarized for the asset and its descendants and displayed in the Safety Risk Summary tab.

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Yes, the hierarchy risk summary is displayed on assets

When this option is selected, the Hierarchy Risk view appears in the Asset window of assets of this type.

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Function groups

Select an option for assigning this asset type to function groups: • All function groups are available for use with assets of this type: There are no restrictions on the function groups for this asset type. • Only the function groups selected below are valid for use with assets of this type: This asset type is limited to selected function groups. If you select this option, the table displays all of the function groups that have been defined for the site. Select one or more function groups from the list.

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Asset health indexes can be created

Select this option to allow users to create asset health indexes for assets of this type.

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Default duration for asset health lists and charts

Define the length of time that asset health lists and charts will be saved in the system.

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Network vault location information is supported on assets of this type

When this option is selected, the Asset window, Properties view, General tab displays the Vault Info tab. Information about vault locations is required for electricity transmission and distribution networks.

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Assets support fluid sample collection   Restrict fluid test labs

When this option is selected, fluid samples can be taken from assets of this type for condition testing and tracking. When Restrict fluid test labs is selected, only the selected labs are available for assets of this type.

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Restrict gas standards

When this option is selected, only the selected gas standards are available for assets of this type.

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Lab fluid sample settings

Lab fluid sample settings are often created for specific sites and identify types of sample containers, task template to use for results, lab, type of test, and gas standard. They can also be used to set data entry policies, specify whether bar codes are scanned or entered, and control responses to invalid bar codes, used labels, and damaged labels.

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Task template for results checksheet

Standard task template used to create a standard task. The task is used to generate a checksheet that records the lab test results.

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Fluid test lab

Lab that tests the samples. The lab record provides information about labels, review or approval process, contact, and supplier. You can also specify the number of receipt steps required and who creates receipts.

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Type of test

A type of test collects tests and is then assigned to fluid sample settings. When an inspector opens an indicator reading to record a sample collection, the fluid sample settings assigned to the indicator determine the subset of tests available for selection.

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Gas standard

Identifier for a set of requirements for a segment of the gas industry.

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Fluid sample settings by site

Assets of this support site-specific settings.

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