Setting up APM for Asset Prioritization Analysis

Before you begin analyzing assets, your APM environment must be set up to accommodate asset prioritization analysis. In APM, you can define the analysis criteria, along with the criteria consequences, failure probabilities, and consequence priorities. These values and rules are found in the site’s Asset Prioritization settings. You have been provided a starting point for these criteria and consequences, which you can keep, modify, add to, or delete, as needed. This topic explains the steps for setting up APM.

Define Analysis Criteria

Once the asset hierarchy is defined, you must identify business goals to evaluate the assets against. These business goals become the analysis criteria and are used for all analyses carried out in APM; therefore, you should be certain that they are applicable to all assets you will be analyzing now and in the future. Usually there are six or seven criteria, which can include safety, environment, operating cost, and so on.
For more information, see Setting up Criteria for Prioritization Analysis.

Define Failure Probabilities

The probability of failure (or failure rate) must also be defined and assigned a score. For example, an asset that fails daily might be given a score of 10. As asset that fails less than once in 10 years might be given a score of 1.
For more information, see Setting up Failure Probabilities.
You can also set up a criteria-based evaluation of probability of failure to be performed in the context of the prioritization analysis.
For more information, see Setting up Probability of Failure Criteria.

Define Consequence Priorities

One of the outputs from a prioritization analysis is the asset’s consequence priority number. The priority number is determined by comparing an asset’s consequence scores to a set of rules. These rules are defined at the same time as the analysis criteria.
For more information, see Setting up Consequence Priorities

Define Rule Sets

You can set up rule sets to be applied to different groups of assets or different sites.
For more information, see Setting up Prioritization Analysis Rule Sets.

Set up Checklist Items

An analysis checklist is a list of “things to do” to remind the team of the steps they need to consider when performing the analysis. For each item that you add to APM settings, you can specify the varieties of analysis it applies to, identify it with an icon, and provide a description.
When recording an analysis, you can mark analysis checklist items as “Performed” and provide comments for them. APM records the employee who checked off the item, the date, and time. The analysis team can view the status of checklist items in the analysis window, Properties view, Checklist tab.
For more information, see Setting up Checklist Items.

Set up Analysis Types

An analysis type is a collection of preferred settings for prioritization analysis. The settings include the rule set, risk chart appearance, preferences for applying analysis results, analysis criteria, and probability of failure options to use. Selecting an analysis type on an analysis quickly ensures that its settings are correct and consistent with your organization’s standards.
For more information, see Setting up Analysis Types for Asset Prioritization.

Set up Asset Change Requests for AWEIS

If APM is configured to exchange data with an external CMMS using AssetWise Enterprise Interoperability (AWEIS), change requests are used to specify updates to the assets in the CMMS. AWEIS conveys requests to the CMMS and returns information to APM. The asset priority change request updates equipment consequence priorities, initiated from asset prioritization analyses performed on interop assets, using the request type assigned to the assets’ site.
Ensure that the request type for priority updates is assigned to the site and that request statuses reference interop statuses in the site interoperability profile.
For more information, see Setting up Asset Change Request Statuses and Setting up Asset Change Request Types.