Asset Criticality Facilitation

Overview

Asset Criticality is the process of defining the overall importance of an asset in a plant/mill. It is typically based on the likelihood and consequence of a significant failure mode occurring. A comprehensive analysis will look at the impacts on safety, environmental, production and cost. 

Asset Criticality is used to determine the level of failure mitigation necessary to reduce overall risk. It helps to define the frequency of preventive and predictive maintenance, operator rounds and even storeroom stocking levels. With the criticality defined, failure mitigation tasks can be reduced for low-risk assets. 

The output of an Asset Criticality is generally a number or letter that is uploaded to the Computerized Maintenance Management System (CMMS) or Enterprise Asset Management System (EAM).  For example, many companies use the ABC Indicator field on a functional location/equipment in an SAP maintenance system.

Description of Service

A Prelical Solution consultant will work with your Subject Matter Experts (SME) to develop the Criticality. Below are the steps involved in the process:

1. Define the Probability and Consequence Rating – Each company may have specific requirements to determine the levels of risk (probability/consequence). The worksheet will be adjusted to accommodate these specific requirements.
2. Determine Assets – What are the specific functional location/equipment for the session. 
3. Load into the Criticality Worksheet – Prelical will provide a worksheet to input the individual functional location and equipment.
4. Gather Assessment Data – Work with the SME team to gather P&IDs, Hazard Analysis Studies, Process Flow Diagrams, etc. These will assist the team with understanding the operating context of each asset.
5. Facilitate the Analysis – The Prelical Consultant will facilitate the session with the select SME team to determine the overall rating for each asset.
6. Format Results for Upload – The Prelical Consultant will format the end results into a format that can be uploaded to their CMMS, EAM, or Asset Performance Management (APM) system. The customer will be responsible for providing the required format.

Duration

A typical engagement will be one week. The consultant will arrive on site on Monday afternoon and will work with the team through Thursday afternoon. The consultant will provide a status overview for management on Friday morning if requested.

For more information, contact us at info@prelical.com