Component's Location

A component location is a placeholder for a component in the asset hierarchy. It represents the physical location or position for a component (for example, a frame or housing unit for a motor or the location of a pump on a pumping system). In APM, you must identify the location as an asset in order to install and remove components. APM tracks the installation history of all components that have been installed in a location and vice versa. You can trigger work for a location (if you want the work to be done no matter what component is installed at the time the work is triggered), and you can also track work orders and indicator reading trends for the location.

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Title

The name or short description of this item. You can enter up to 250 characters.

Type

Asset types are groups of settings that define the characteristics of your organization’s assets. For example, you might create asset types called “pumps” or “piping and valves.” The asset type contains basic information, policies, and permissions, such as whether or not standard jobs can be created for assets of the type. When you create an asset in APM, you must specify an asset type, which then determines the information and functionality available for the asset.

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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).

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