About ASM (Asset Strategy Management) Integration

How will risk values be calculated for degradation mechanisms?

By the Meridium Enterprise APM Mechanical Integrity system.

Accept the baseline disabled setting for the Risk Assessment Enabled option.

The calculated risk values will be displayed on the Degradation Mechanism datasheet.

By my own custom calculator.

Enable Risk Assessment.

The calculated risk values will be displayed on the:

• Risk Matrix.

• Degradation Mechanism with Risk Mitigation.

• Degradation Mechanism without Risk Mitigation.

Will users be able to override risk values that were calculated by my own custom calculator?2

Note: If risk values are calculated by the Meridium Enterprise APM Mechanical Integrity system, users cannot override the risk values

Yes

Select Allow Override of Calculated Unmitigated Risk Values.

Users can use the Risk Matrix to select different unmitigated risk values.

No

Accept the baseline disabled setting for the Allow Override of Calculated Unmitigated Risk Values option.

Users cannot select different unmitigated risk values.

How will I manage recommendations for future action?

I will create RBI Recommendations in RBI and transfer them to ASM as Actions.

Accept the baseline enabled setting for the Recommendation Creation Enabled option.

Users can create RBI Recommendation records using the Recommendation Tasks in RBI or Recommendation Management (when accessed from RBI).

I will not create RBI Recommendations in RBI. Instead, I will create Actions in ASM for Risk records that were transferred from RBI.

Disable Recommendation Creation Enabled.

Users cannot create RBI Recommendations in RBI. They will need to promote Equipment records to ASM and then create Actions in ASM for any Risk that originated in RBI.

• Creating new Risks.

• Assigning new Actions to Risks that did not originate in RBI.

• Managing Asset Strategy states.

• In the Risk Analysis, clearing the Selected Actions check box for any Action that did not originate in RBI.

• Assigning new Actions to any Risk that originated in RBI.

• Assigning existing Actions that did not originate in RBI to any Risk that did originate in RBI.

• Assigning new Risks to any Action that originated in RBI.

• Assigning existing Risks that did not originate in RBI to any Action that did originate in RBI.

• Risk Records

• Undoing a Risk that was created from RBI.

• Removing a Risk that was created from RBI.

• Assigning Actions that originated in RBI to a Risk that originated in RBI.

• For any Risk that was created from RBI, modifying values in the following fields on the Risk datasheet (listed in the order in which they appear on the datasheet, from top to bottom):

• Name

• Description

• Risk Basis

• Failure Mode

• Maintainable Item

• Failure Cause

• Modifying the unmitigated risk rank or unmitigated financial risk rank for any Risk that was created from RBI.

• Action Records

  • Removing an Action that was created from RBI.

  • Assigning Risks that originated in RBI to an Action that originated in RBI.

  • For any Action that was created from RBI, modifying values in the following fields on the Action datasheet (listed in the order in which they appear on the datasheet, from top to bottom):

  • Action Basis

  • Name

  • Action Type

  • Interval

  • Interval Units

  • Nonrecurring

  • Cost

  • Shutdown Required

  • Cost Basis

  • Target Completion Date

  • Modifying the mitigated risk rank for any Action that was created from RBI.

  • In the Risk Analysis, clearing the Selected Actions check box for an Action that was created from RBI.

• General

  • Applying an Asset Strategy Template as a master template to the Asset Strategy

Opening the Risk Matrix to view the unmitigated risk rank for any Risk that was created from RBI.

This action is allowed only if the Risk Assessment Enabled check box is selected.

If the Risk Assessment Enabled check box is clearedand you click the hyperlinked unmitigated risk rank, a message appears, indicating that you need to view the unmitigated risk values in RBI (i.e., using the Degradation Mechanism datasheet).

Opening the Risk Matrix to view the mitigated risk rank for any Action that was created from RBI.

This action is allowed only if the Risk Assessment Enabled check box is selected.

If the Risk Assessment Enabled check box is cleared and you click the hyperlinked mitigated risk rank, a message appears, indicating that you need to view the unmitigated risk values in RBI (i.e., using the Degradation Mechanism datasheet).

Copying a Risk that was created from RBI.

This action is allowed only if the Risk Assessment Enabled check box is selected.

Unlinking a driving RBI Recommendation record from an Action.

This action is allowed if the Recommendation Creation Enabled check box is cleared.

Linking a new Recommendation record to an Action that was created from RBI.

This action is allowed if the Recommendation Creation Enabled check box is cleared.

Clearing the Drives Action check box for an RBI Recommendation record that was used to create an Action.

This action is allowed if the Recommendation Creation Enabled check box is cleared.