Concepts

Tasks

Settings

Introduction to Asset Restoration Plans

An asset restoration plan (ARP) defines the steps and expected costs for improving assets that have reached, or will soon reach, an unacceptable condition. An ARP is typically based on an asset condition analysis (ACA) that identifies the assets requiring improvement.

An asset’s restoration plan consists of:

•

A spending plan for each asset included in the plan. The spending plan identifies the expected costs over a number of periods (next five years, for example) and by expense category (maintenance, capital, operating costs). If the plan type supports it, you can also add detailed costs for each financial period and expense type.

•	Description of the work involved in restoring or replacing assets

•	Description of the restoration plan

•	Priority and condition of the asset

Asset restoration planning is included in the Asset Health application module. You can view and create plans on the site’s Asset Health view, Restoration Plans tab.

For information about asset condition analysis, see Asset Condition Analysis.

Steps to Create and Work with Restoration Plans

Creating and managing an asset restoration plan in APM involves the following tasks:

•	Create the asset restoration plan – The plan can be created from an ACA or from scratch. See Creating an Asset Restoration Plan from an ACA and Creating an Asset Restoration Plan from Scratch

•	If needed, add additional assets to the plan – See Adding Assets to a Restoration Plan

•	Define the spending plan for each asset – See Developing an Asset’s Spending Plan

•	When plans have been created for all assets in the plan, review total costs for the plan – See Reviewing Plan Costs and Information

•	Change the status of the plan and the assets – See Changing a Restoration Plan’s or Asset’s Status

You can also defer all or part of the plan. See Changing a Restoration Plan’s Financial Periods.

Setting up APM for ARP

Before you begin creating restoration plans, your APM environment must be set up to accommodate them. You can set up plan types and statuses, asset statuses, expense types, and number formatting.

Plan Statuses

Plan statuses are user-defined settings that you can apply to asset restoration plans to describe their progress and control the actions available to them. Status settings include rules such as whether the plan’s properties can be updated, assets can be added, and financial periods can be changed. Status properties include formatting choices such as font, text color, and background color.

The status can also control whether or not the plan is included in lists. For example, plans with the “Accepted” status would usually be included in table configurations that show spending plans by financial period. These configurations are shown in the site’s or asset’s Asset Health view, Restoration Plans tab.

Tip: Create plan statuses that apply to multiple sites on the top site. Create plan statuses that apply to a specific site on that site.

Here is an example implementation of plan statuses:

Status	Plan can be Updated	Include in Lists
In development	Yes	No
In review	No	No
Accepted	No	Yes
Rejected	No	No

This example assumes that the organization’s workflow requires plan authors to send their documents to reviewers to be accepted or rejected. A simpler implementation might need just “In development” and “Accepted” statuses.

Note: The formal APM approval feature does not apply to asset restoration plans.

Plan statuses and types work together. A plan’s type controls the status assigned to it when it and the plan asset are created. For example, when a plan is created, its status might automatically be set to “In development” in response to the creation event. After the plan is created, its status can be changed manually.

For more information, see Setting up Asset Restoration Plan Statuses.

Asset Statuses

Asset statuses are user-defined settings that you can apply to plan assets to describe the progress of the assets’ restoration plans and control the actions available to them. Status settings include whether the asset’s plan properties can be updated. Status properties include formatting choices such as font, text color, and background color.

The status can also control whether or not the asset’s spending plan is included in the plan’s spending plan and lists. For example, plan assets with the “Accepted” status would usually be included in table configurations that show plan spending by financial period. These configurations are shown in the site’s or asset’s Asset Health view, Restoration Plans tab.

While the plan status applies to the plan as a whole, the asset status applies to individual assets in the plan. The overall ARP might have a status of “Accepted”, while the status of an individual asset might be “Rejected”.

Here is an example implementation of asset statuses:

Status	Properties can be Updated	Include in Lists
New asset	Yes	No
Accepted	No	Yes
Rejected	No	No

Asset statuses and plan types work together. A plan’s type controls the status assigned to plan assets when they are created. For example, when a plan asset is created, its status might automatically be set to “New asset” in response to the creation event.

For more information, see Setting up Restoration Plan Asset Statuses.

Plan Types

An ARP type is a collection of preferred settings for asset restoration planning. Selecting a type on an ARP quickly ensures that its settings are correct and consistent with your organization’s requirements. The settings include:

•	The level of financial periods used when defining a spending plan. The options are:

•	Month – spending is planned by the month

•	Quarter – spending is planned at the quarter level

•	Year – spending is planned by year

•	The number of financial periods used. This option identifies the number of periods for which spending plans are developed in your organization. The maximum number is 12.

•	Default plan status and plan asset status. These properties identify the initial statuses that will be assigned to an ARP when it is created and to each asset added to the ARP.

The settings also include the appropriate site, whether expense details are supported, a description, and formatting choices such as font, text color, and background color.

For more information, see Setting up Asset Restoration Plan Types.

Expense Types

An expense type describes a cost associated with an expense category such as maintenance. Expense types are used to provide more detail for spending plans. For example, the total maintenance spending for a financial period could be the sum of the amounts for two or more expense types (for example, corrective work and inspections).

For more information, see Setting up Expense Types for Spending Plans.

Numbering Format

Document numbering settings create the alpha-numeric identifiers that distinguish one document from another (for example, work orders). Within each site, every document must have a unique identifier. If necessary, you can enter a site-specific prefix or suffix to a type of document to ensure that their numbers are unique throughout the enterprise.

In ARP settings, you can set the format to use for restoration plan numbers. You can also see the number that will be assigned to the next new plan.

For more information, see Setting the Numbering Format for Restoration Plans.