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IBM Maximo Asset Management Training 
Asset Management 
© 2014 IBM Corporation 
Bruno Portaluri 
Maximo Technical Solution Architect 
Last Update: 2014-11-12
Maximo terms and definitions 
• An Asset is any equipment, machinery, or technology 
that your company owns or leases that you will be 
managing and maintaining using Maximo 
• Examples: 
• Production - motors, pumps, winches, presses 
• Facilities - plumbing, lighting, fire extinguishers 
• Fleet - forklifts, trucks, buses, trains, aircraft 
• Technology - computers, routers, hubs, servers 
2 © 2014 IBM Corporation
Asset module 
• Applications 
• Assets 
• Locations 
• Meters 
• Meter Groups 
• Condition Monitoring 
• Failure Codes 
3 © 2014 IBM Corporation
Asset application 
An asset is any piece of equipment that needs to be maintained and managed 
throughout its lifecycle 
Create and store assets and corresponding information, such as parent, location, vendor, status, 
and maintenance costs. 
You can build an asset hierarchy as an arrangement of buildings, departments, assets, 
subassemblies and spare parts. 
4 © 2014 IBM Corporation
Location application 
Locations and location hierarchies represent physical locations or functional areas of an 
organization 
Locations can be organized into logical hierarchical systems or network systems. 
Using hierarchies or systems of locations and specifying the locations for assets on an asset record 
provides the groundwork for gathering and tracking information about the history of an asset, 
including its performance at specific sites, as it is moved from location to location. 
5 © 2014 IBM Corporation
Meters application 
Meters are used to track asset or location performance 
Meter types are: characteristic, continuous (actual/delta), gauge. 
An asset or a location can have multiple meters associated with it. 
6 © 2014 IBM Corporation
Meter Groups application 
Meter groups represent a collection of meters that are used together 
You use the Meter Groups application to define a logical grouping of meters that comprise a 
meter group. 
By creating a meter group, you can add multiple meters to an asset or to a location at the same 
time. 
7 © 2014 IBM Corporation
Condition Monitoring application 
A measurement point defines the limits of acceptable meter readings for a 
characteristic meter or for a gauge meter on an asset or at a location 
You use the Condition Monitoring application to create and to view measurement point records 
for assets and for locations. 
You can generate work orders with a specific job plan for assets or for locations with meter 
readings that are outside the defined limits. 
8 © 2014 IBM Corporation
Failure Codes application 
Failure codes are linked in parent-child relationships to form a failure hierarchy of 
problems/causes/remedies. 
The identifier of a failure hierarchy is the failure class. Failure classes are specified on asset records 
and on location records. 
Setting up a failure codes hierarchy allows you to perform failure reporting and analysis. 
9 © 2014 IBM Corporation
Exercises 
• View Locations 
• Open Location application 
• Open location ‘NEEDHAM’ and view its details 
• Open the location hierarchy drilldown 
• Jump to ‘PACKAGE’ child location using location hierarchy drilldown 
• Jump to ‘BPM3100’ child location using the children table 
• View assets located in ‘BPM3100’ 
• View Assets 
• Open Assets application 
• Open asset ‘13140’ and view its details (location, failure class, 
manufacturer, installation date, etc.) 
• Go to ‘Spare Parts’ tab to view asset subassemblies 
10 © 2014 IBM Corporation
Exercises 
• View Meters 
• Open Meters application 
• Open meter ‘RUNHOURS’ and view its details 
• Go to ‘Where Used’ tab to view the assets that use this meter 
• Open Asset ‘11450’ 
• Go to ‘Meters’ tab to see the meters associated to the asset 
• View Meter Groups 
• Open Meters Groups application 
• Open meter ‘CLASS8’ and view its details 
• Open location ‘115577’ tab to see how the meter group defines 
the list of meters associated to the asset 
11 © 2014 IBM Corporation
Exercises 
• View Measurement Points 
• Open Condition Monitoring application 
• Open Measurement Point ‘1001’ and view its details (asset, 
meter, upper limits, measurement history, etc.) 
• View Failure Hierarchies 
• Open Failure Codes application 
• Open Failure Class ‘PUMPS’ and view its details 
• Click on entries in the Problems and Causes tables to see how 
the failure hierarchy is defined 
12 © 2014 IBM Corporation
Exercises 
• Create an asset 
• Asset: T1 
• Description: Test asset 1 
• Type: PRODUCTION 
• Serial #: 1234-567 
• Failure Class: PUMPS 
• Move the asset 
Scenario 
Create and asset, move it to an 
operating location and activate it 
• When the asset is saved the Location fields becomes read-only. 
• Move the asset to ‘BOILER’ location (Select Action > Move/Modify Asset) 
• Change status of the asset 
• Press the Change Status button (or Change Status menu action) 
• Change status to ‘OPERATING’ 
13 © 2014 IBM Corporation
Exercises 
• Associate a meter to the asset 
Scenario 
Enter meter readings 
• Switch to the Meters tab and add ‘PRESSURE’ gauge meter 
• Enter meter reading 
• Select Action > Enter Meter Readings 
• Enter 10 as New Reading and press TAB key 
• Enter 15 as New Reading and press TAB key 
• View meter reading history 
• Select Action > Manage Meter Reading History 
• Switch to ‘Characteristic and Gauge Meter Readings’ tab 
14 © 2014 IBM Corporation
Exercises 
• Additional Asset scenarios 
• Set Users and Custodians (Select Action > Associate Users and 
Custodians) 
• Create an asset structure (Subassembly tab) 
• Define Spare Parts (Subassembly tab) 
• Report Downtime 
• Additional Location scenarios 
• Create a location as a child of ‘PACKAGE’ in the ‘PRIMARY’ 
system 
• Classifications and attributes 
15 © 2014 IBM Corporation
16 © 2014 IBM Corporation

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Maximo Training - Asset Management

  • 1. IBM Maximo Asset Management Training Asset Management © 2014 IBM Corporation Bruno Portaluri Maximo Technical Solution Architect Last Update: 2014-11-12
  • 2. Maximo terms and definitions • An Asset is any equipment, machinery, or technology that your company owns or leases that you will be managing and maintaining using Maximo • Examples: • Production - motors, pumps, winches, presses • Facilities - plumbing, lighting, fire extinguishers • Fleet - forklifts, trucks, buses, trains, aircraft • Technology - computers, routers, hubs, servers 2 © 2014 IBM Corporation
  • 3. Asset module • Applications • Assets • Locations • Meters • Meter Groups • Condition Monitoring • Failure Codes 3 © 2014 IBM Corporation
  • 4. Asset application An asset is any piece of equipment that needs to be maintained and managed throughout its lifecycle Create and store assets and corresponding information, such as parent, location, vendor, status, and maintenance costs. You can build an asset hierarchy as an arrangement of buildings, departments, assets, subassemblies and spare parts. 4 © 2014 IBM Corporation
  • 5. Location application Locations and location hierarchies represent physical locations or functional areas of an organization Locations can be organized into logical hierarchical systems or network systems. Using hierarchies or systems of locations and specifying the locations for assets on an asset record provides the groundwork for gathering and tracking information about the history of an asset, including its performance at specific sites, as it is moved from location to location. 5 © 2014 IBM Corporation
  • 6. Meters application Meters are used to track asset or location performance Meter types are: characteristic, continuous (actual/delta), gauge. An asset or a location can have multiple meters associated with it. 6 © 2014 IBM Corporation
  • 7. Meter Groups application Meter groups represent a collection of meters that are used together You use the Meter Groups application to define a logical grouping of meters that comprise a meter group. By creating a meter group, you can add multiple meters to an asset or to a location at the same time. 7 © 2014 IBM Corporation
  • 8. Condition Monitoring application A measurement point defines the limits of acceptable meter readings for a characteristic meter or for a gauge meter on an asset or at a location You use the Condition Monitoring application to create and to view measurement point records for assets and for locations. You can generate work orders with a specific job plan for assets or for locations with meter readings that are outside the defined limits. 8 © 2014 IBM Corporation
  • 9. Failure Codes application Failure codes are linked in parent-child relationships to form a failure hierarchy of problems/causes/remedies. The identifier of a failure hierarchy is the failure class. Failure classes are specified on asset records and on location records. Setting up a failure codes hierarchy allows you to perform failure reporting and analysis. 9 © 2014 IBM Corporation
  • 10. Exercises • View Locations • Open Location application • Open location ‘NEEDHAM’ and view its details • Open the location hierarchy drilldown • Jump to ‘PACKAGE’ child location using location hierarchy drilldown • Jump to ‘BPM3100’ child location using the children table • View assets located in ‘BPM3100’ • View Assets • Open Assets application • Open asset ‘13140’ and view its details (location, failure class, manufacturer, installation date, etc.) • Go to ‘Spare Parts’ tab to view asset subassemblies 10 © 2014 IBM Corporation
  • 11. Exercises • View Meters • Open Meters application • Open meter ‘RUNHOURS’ and view its details • Go to ‘Where Used’ tab to view the assets that use this meter • Open Asset ‘11450’ • Go to ‘Meters’ tab to see the meters associated to the asset • View Meter Groups • Open Meters Groups application • Open meter ‘CLASS8’ and view its details • Open location ‘115577’ tab to see how the meter group defines the list of meters associated to the asset 11 © 2014 IBM Corporation
  • 12. Exercises • View Measurement Points • Open Condition Monitoring application • Open Measurement Point ‘1001’ and view its details (asset, meter, upper limits, measurement history, etc.) • View Failure Hierarchies • Open Failure Codes application • Open Failure Class ‘PUMPS’ and view its details • Click on entries in the Problems and Causes tables to see how the failure hierarchy is defined 12 © 2014 IBM Corporation
  • 13. Exercises • Create an asset • Asset: T1 • Description: Test asset 1 • Type: PRODUCTION • Serial #: 1234-567 • Failure Class: PUMPS • Move the asset Scenario Create and asset, move it to an operating location and activate it • When the asset is saved the Location fields becomes read-only. • Move the asset to ‘BOILER’ location (Select Action > Move/Modify Asset) • Change status of the asset • Press the Change Status button (or Change Status menu action) • Change status to ‘OPERATING’ 13 © 2014 IBM Corporation
  • 14. Exercises • Associate a meter to the asset Scenario Enter meter readings • Switch to the Meters tab and add ‘PRESSURE’ gauge meter • Enter meter reading • Select Action > Enter Meter Readings • Enter 10 as New Reading and press TAB key • Enter 15 as New Reading and press TAB key • View meter reading history • Select Action > Manage Meter Reading History • Switch to ‘Characteristic and Gauge Meter Readings’ tab 14 © 2014 IBM Corporation
  • 15. Exercises • Additional Asset scenarios • Set Users and Custodians (Select Action > Associate Users and Custodians) • Create an asset structure (Subassembly tab) • Define Spare Parts (Subassembly tab) • Report Downtime • Additional Location scenarios • Create a location as a child of ‘PACKAGE’ in the ‘PRIMARY’ system • Classifications and attributes 15 © 2014 IBM Corporation
  • 16. 16 © 2014 IBM Corporation