3.7 Assets Flashcards

1
Q

Define Assets

A

Physical entities often placed in locations to perform functions

or

Logical entities like software licenses

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2
Q

Characteristics of Assets

A
  • Usually repairable
  • Have serial numbers, or
  • Are purpose-built and represent what is delivered when a purchase is made to fulfill a plant requirement
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3
Q

What is stored in the Assets application?

A

Asset numbers and corresponding information such as:
- Class
- Location
- Vendor
- Up/down status
- Maintenance costs

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4
Q

Some options for building out asset hierarchies

A

Arrangement of:
- Buildings
- Departments
- Assets
- Subassemblies

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5
Q

List internal values for asset (and location) statuses

A

NOT READY
OPERATING
DECOMMISSIONED
IMPORTED

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6
Q

List asset (and location) status(es) with internal value NOT READY

A

NOT READY

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7
Q

List asset (and location) status(es) with internal value OPERATING

A

ACTIVE
OPERATING
LIMITEDUSE

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8
Q

List asset (and location) status(es) with internal value DECOMMISSIONED

A

INACTIVE
DECOMMISSIONED
BROKEN
MISSING
SEALED

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9
Q

List asset (and location) status(es) with internal value IMPORTED

A

IMPORTED

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10
Q

List the options available when moving an asset from an operating to a decommissioned status

A
  • Remove Asset Reference from Active Routes?
  • Remove Asset Reference from Active Safety Plans?
  • Change the Status of All Associated PMs to Inactive?
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11
Q

define Rotating Assets and give examples

A

interchangeable

examples:
- motors
- pumps
- fire extinguishers
- PC monitors

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12
Q

What do Rotating Assets have (database)

A

both:
- unique asset number
- inventory item number

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13
Q

use of inventory item number for Rotating Assets

A

Track assets as a group as they move in and out of inventory and other locations.

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14
Q

What is the asset number on a rotating item helpful for?

A

Track assets as a group as they are moved from one location to another and from one site to another.

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15
Q

Non rotating assets

A

Assets in a fixed location

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16
Q

Characteristics of non rotating assets

Examples

A
  • Typically large
  • Capital in nature

Examples:
- air handling units
- rooftop units
- boilers

17
Q

What does a non rotating asset have in the database?

A

Unique asset number
does not have an item number because it is not tracked in inventory

18
Q

Asset templates

A

Specify common asset information that can then be applied to multiple assets to create multiple assets and to update multiple existing assets

19
Q

Components of an asset template

A
  • Basic information template
  • spare parts
  • PMs
  • meters
  • specifications

to act as a template when creating assets

20
Q

other uses of asset templates

A

associate to a master PM record with multiple non rotating assets

21
Q

What is another term for subassembly?

A

child asset

22
Q

What are spare parts stored as in Maximo?

A

Inventory items

23
Q

What is the purpose of the subassemblies and spare parts tab?

A

Associate sub assemblies (child assets) and/or spare parts (inventory items) to the selected asset

24
Q

What does the sub assemblies and spare parts tab enable you to build?

A

Asset hierarchy

25
Which tab displays the parent of the asset?
Sub assemblies and spare parts tab
26
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
27
What must be created when an asset is moved?
Various transaction histories
28
how to move an asset
Asset record > More Actions menu > Move/Modify Assets
29
What is the move/modify assets action used to move assets between?
- sites - locations - parent/child asset relationships - GL accounts - bins
30
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
31
Describe the Swap Asset action
specialized, 2-way exchange of potentially multiple assets that can be performed in a single action
32
what are the limits to cross-organization swaps via the Swap Asset action?
- item set - asset identifier - security configurations
33
How can relationships be created between assets, outside of parent child relationships?
Assets module > Relationships application
34
What are the asset relationship types?
- Bidirectional - Unidirectional
35
What type of relationship are asset parent child relationships?
unidirectional
36
What are some examples of unidirectional asset relationships?
- "installed on" - "runs on" - "contains" - "includes"
37
What are some bidirectional asset relationships?
- "connects" - "bisects" - "intersects" - "parallel"
38
When are bidirectional asset relationships helpful?
When working with linear assets specifically
39
Where are specifications for an asset for calibration added?
Data Sheet Templates application