AFE – Asset Hierarchy and Its Importance

August 13, 2019 @ 12:00 pm – 1:00 pm

By Kate Kerrigan

Free for members / $29 non-members

One of the foundational elements of asset management is the asset hierarchy system. A good hierarchy system enables the collection, exchange and analysis of data. It is designed around the business needs…the needs for financial, reliability, production, maintenance and other asset information. This session will go over common uses of asset information and how hierarchy decisions enable or hinder them. Hierarchy provides the framework for metrics and decision making. Along with asset master data, the hierarchy structure provides the foundation for your asset management system.

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