Asset Health Configuration

Explanation

Use this activity to configure Asset Health for a specific asset type. Asset Health can be calculated based on a number of indicators and ratings.

Ratings are used to give a score for reported values. The application gives a normalized value, depending on the number of ratings, between 0 and 100. If wanted this can be overwritten with a manual value. If ratings are not defined it won't be possible to get a value for the asset health calculation. Ratings for parameters can be entered on the parameter page, and if wanted, overwritten in the Asset Health Configuration. Ratings are specific for each Asset Type.

The desired attributes to be used when calculating the asset health need to be entered on the indicator tab together with the relative weight. The total weight for all indicators should be 100.

For an Asset Type it is possible to define Health Levels with corresponding colors and description. There will always be five levels, the intervals can however be defined for each Asset Type.

Prerequisites

System Effects

As a result of this activity, an asset health score will be calcuated for all objects under the specific Asset Type.