No.

They have different origins and uses.

Here are some insights into criticality and priority:

	Criticality	Priority
Origin:	Functional Location Master Data	Notification and Workorder transactional data
Use:	Identify the importance of that business function (or equipment) to the business's overall objectives.	Identify the urgency or importance of the workorder when compared to others.
Can it be linked to the business Risk Tools?	Yes, that's good practice	Yes, that's good practice
Impact/Use:	Drive RCA and engineering program prioritisation Guide maintenance strategy selection Guide spare parts holding strategies Guide Work Order ranking and more	Drive the business response to work on the plant (call-ins, overtime, expediting of parts, etc.) Set guidelines around the reporting and tracking of workorders etc. Drive a risk-based approach to unplanned and forced equipment outages Facilitate good planning and scheduling practices and more

Example

Consider a heat exchanger called HX1. HX1 has no redundancy. When it’s out of service, the whole plant is down.

The Criticality of HX1 to the business would be high. Let’s say an “A” on a scale of A – E.

Workorder 1 on HX1

A label on HX1 is faded but still readable. We decide to replace the label before it becomes unreadable.

The workorder would have a low “Priority.” Based on the business risk, it may be a 4 on a scale of 1 – 5.

This work would be planned, scheduled, and executed promptly but efficiently.

Workorder 2 on HX1

HX1 developed a blockage and isn’t functioning as designed. A plant shutdown is required to remove the blockage. This has a significant impact on production.

The workorder for repairing HX1 would have a “Priority” of 1, triggering urgent attention and an unplanned plant shutdown.

Make It Your Priority

At Rizing, we help managers of high capital-value assets improve business performance by getting better value from their fixed and IT assets.

If we can help you further understand criticality and priority, or anything else asset management-related, make it your priority to contact us or me directly at david.harrison@rizing.com.

The post Are Criticality and Priority the Same in Enterprise Asset Management? appeared first on Rizing.

The Act provides extensive transportation, water, energy, and digital connectivity upgrades. It also addresses the resilience and rehabilitation of our natural resources.

However, having a best-in-class technology foundation to support physical infrastructures is key to delivering on the promise of “smart” and “safe” communities.

At a recent SAP^® webinar, Noel Fagan, CEO at Rizing EAM, joined other experts to discuss how Harris County, Texas and Houston Metro leaders revitalized and redesigned their asset structures in partnership with Rizing and SAP.

Speakers:

• Noel Fagan
  CEO Rizing EAM
• Don Ingle
  SAP Industry Executive Advisor – State and Local Government, Education
• Alexi Miller
  Houston Metro Authority Director Transit Asset Management
• David Penninger
  Houston Metro Authority IT Program Management Director

Topics

• Overview of the IIJA and how the funds will be allocated
• State and local trends that are driving the need for digital transformation
• Physical and Technical Infrastructure – why both are needed

Catch the Replay

View the slides and watch the replay of the event.

The post SAP: Leveraging Infrastructure Intelligence for Smart and Safe Communities appeared first on Rizing.