Downtime
Estimated time that the asset would be out of service if the failure occurs.
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Downtime costs
Estimated costs of the downtime if the failure occurs.
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Failure costs
Estimated costs to the company if a failure occurs, excluding the cost of downtime.
When failure mode optimization requires Isograph Availability Workbench, this attribute is mapped to the effect’s per occurrence cost property in AWB.
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Occurrence costs
Estimated fixed cost associated with a downtime occurrence. For example, this could be a fixed cost associated with restarting a machine after it has been shut down.
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Multiple failures (Cm)
Estimated cost if multiple failures occur when the hidden function is not working when called upon.
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Secondary damage costs
Monetary cost of the secondary damage caused by the failure.
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Secondary damage description
Description of the secondary damage caused by the failure.
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Secondary damage
Additional damage caused to other assets by the initial or primary failure. If appropriate, select this option and enter an amount and a description of the damage.
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Avoidance savings
When APM calculates the savings accrued by avoiding the failure, it sums the costs of the failure, consequences, multiple failures, and secondary damage.
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Calculate avoidance savings
This option is selected by default so that APM sums the costs of the failure, consequences, multiple failures, and secondary damage. You can clear this option and enter the avoidance saving amount manually.
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