Workflow

APM Strategy: Asset Strategy Optimization Workflow

This workflow describes the process of determining the optimal strategy for a piece of equipment or location using additional features from ASM, which can then be viewed and managed further in ASM.

In the following workflow diagram, the blue text in a shape indicates that the corresponding description has been provided in the sections that follow the diagram. For more information, refer to the Interpreting the Workflow Diagrams topic in the APM Product Workflows documentation.
Note: For information on the personas associated with a APM module, refer to the APM Product Workflows documentation.
Asset Strategy Management (ASM)Modify Analysis ParametersCreate ScenarioModify ScenarioRun SimulationReview Results/Compare ScenariosSet Scenario as ProposedAsset Strategy Management (ASM)

Asset Strategy Management (ASM)

Persona: Analyst

Strategies that are generated by ASM can be analyzed in ASO to compare scenarios and propose the optimal strategy to complete the ASM workflow.

Go to the ASM workflow.

Modify Analysis Parameters

Persona: Analyst

Modify values as needed in the appropriate fields for the Analysis.

Create Scenario

Persona: Analyst

Create Active, Proposed, and additional scenarios.

Modify Scenario

Persona: Analyst

Modify risks and actions.

Run Simulation

Persona: Analyst

Run a simulation to assemble possible scenarios based on the strategy.

Set Scenario as Proposed

Persona: Analyst

Set the scenario as proposed and select Run Simulation again to export back to ASM.

Review Results/Compare Scenarios

Persona: Analyst

Review and compare the results of the simulated scenarios to determine the best scenario for your specific case.