3.7 Assets Flashcards
Define Assets
Physical entities often placed in locations to perform functions
or
Logical entities like software licenses
Characteristics of Assets
- Usually repairable
- Have serial numbers, or
- Are purpose-built and represent what is delivered when a purchase is made to fulfill a plant requirement
What is stored in the Assets application?
Asset numbers and corresponding information such as:
- Class
- Location
- Vendor
- Up/down status
- Maintenance costs
Some options for building out asset hierarchies
Arrangement of:
- Buildings
- Departments
- Assets
- Subassemblies
List internal values for asset (and location) statuses
NOT READY
OPERATING
DECOMMISSIONED
IMPORTED
List asset (and location) status(es) with internal value NOT READY
NOT READY
List asset (and location) status(es) with internal value OPERATING
ACTIVE
OPERATING
LIMITEDUSE
List asset (and location) status(es) with internal value DECOMMISSIONED
INACTIVE
DECOMMISSIONED
BROKEN
MISSING
SEALED
List asset (and location) status(es) with internal value IMPORTED
IMPORTED
List the options available when moving an asset from an operating to a decommissioned status
- Remove Asset Reference from Active Routes?
- Remove Asset Reference from Active Safety Plans?
- Change the Status of All Associated PMs to Inactive?
define Rotating Assets and give examples
interchangeable
examples:
- motors
- pumps
- fire extinguishers
- PC monitors
What do Rotating Assets have (database)
both:
- unique asset number
- inventory item number
use of inventory item number for Rotating Assets
Track assets as a group as they move in and out of inventory and other locations.
What is the asset number on a rotating item helpful for?
Track assets as a group as they are moved from one location to another and from one site to another.
Non rotating assets
Assets in a fixed location
Characteristics of non rotating assets
Examples
- Typically large
- Capital in nature
Examples:
- air handling units
- rooftop units
- boilers
What does a non rotating asset have in the database?
Unique asset number
does not have an item number because it is not tracked in inventory
Asset templates
Specify common asset information that can then be applied to multiple assets to create multiple assets and to update multiple existing assets
Components of an asset template
- Basic information template
- spare parts
- PMs
- meters
- specifications
to act as a template when creating assets
other uses of asset templates
associate to a master PM record with multiple non rotating assets
What is another term for subassembly?
child asset
What are spare parts stored as in Maximo?
Inventory items
What is the purpose of the subassemblies and spare parts tab?
Associate sub assemblies (child assets) and/or spare parts (inventory items) to the selected asset
What does the sub assemblies and spare parts tab enable you to build?
Asset hierarchy
Which tab displays the parent of the asset?
Sub assemblies and spare parts tab
True/False: the location of an asset can be changed via the location field on the asset record
False
the location of an asset cannot be changed by simply changing the location field on the asset record
What must be created when an asset is moved?
Various transaction histories
how to move an asset
Asset record > More Actions menu > Move/Modify Assets
What is the move/modify assets action used to move assets between?
- sites
- locations
- parent/child asset relationships
- GL accounts
- bins
What are some other usages of the move/modify assets action aside from moving the asset between entities?
- change any users or custodians assigned to the asset
- change any attributes of the asset
Describe the Swap Asset action
specialized, 2-way exchange of potentially multiple assets that can be performed in a single action
what are the limits to cross-organization swaps via the Swap Asset action?
- item set
- asset identifier
- security configurations
How can relationships be created between assets, outside of parent child relationships?
Assets module > Relationships application
What are the asset relationship types?
- Bidirectional
- Unidirectional
What type of relationship are asset parent child relationships?
unidirectional
What are some examples of unidirectional asset relationships?
- “installed on”
- “runs on”
- “contains”
- “includes”
What are some bidirectional asset relationships?
- “connects”
- “bisects”
- “intersects”
- “parallel”
When are bidirectional asset relationships helpful?
When working with linear assets specifically
Where are specifications for an asset for calibration added?
Data Sheet Templates application
