Asset Management Features and Functions

• Tracks and manages an asset through its entire life cycle


• Flags any attribute of the functional location or equipment as requiring independent verification


• Requires independent verification of an attribute based on the value of another attribute


• Supports classifications such as keyword, qualifier, auxilliary descriptors and standardization of entry values


• Provides functional location and asset hierarchy with support for multiple parents to multiple sources


• Supports simulation of outages/isolations with cascading support


• Manages and tracks of assets throughout the entire asset life cycle


• Supports numerous regulatory program requirements related to the functional location


• Associates attachments from controlled as well as non-controlled sources to the functional location or equipment


• Flags attachments that could potentially be used in the planning process or that automatically default to any work order written against the location/equipment


• Tracks operational information about a functional location and/or equipment


• Supports view and trend inspection and calibration (as found, as left) readings associated with preventive maintenance tasks


• Supports view and trend readings for a location/equipment with the data source being the process computer


• Provides the ability for field level security on location/equipment attributes and audit trail history functions on designated attributes


• Identifies key fields related to the location/equipment which could be evaluated and utilized in automatically calculating the priority of work orders written against the location/equipment


• Designates a location/equipment as not in service, either abandoned in place, under construction or removed, and prevent them from appearing in normal queries


• Changes the identifier for a location/equipment without affecting the hierarchy or history


• Provides display of location/equipment cost history by fiscal period


• Provides optimization and planning tools to support inventory planning and just-in-time procurement


• Provides controls around asset retirements and the capability to build decommissioning and decontamination requirements into workflow


• Provide the ability to link Operations daily journal entries to an Asset


• Provide the functionality to easily tie Work Orders to Assets to ensure the correct asset is identified


• Provide the functionality to track serialized components


• Provides support for asset schedules and frequencies


• Provides support for pre-plans - house standard task / step procedures for assets


• Provides the capability of storing assets by asset type and enable user customizable fields for various asset attributes


• Assigns and reports on attributes of the asset


• Provides the ability to transfer material/assets between sites


• Provides enhanced in-depth failure analysis with extensive failure code capability


• Provides the capability to have interruption event number field associated with a work order/asset