This workshop will help you understand criticalness and how to deploy and use an asset criticality tool. An asset criticality analysis removes flawed assumptions, emotions, and guesswork when determining an asset’s real value and impact on your organization’s triple bottom line (that is, risk, value, and safety).
Instead, we use quantitative asset data to determine equipment value. Your asset-ranking factors, and the insights from your criticality analysis, will be specific to your organization.
Organizations that leverage an asset criticality analysis can improve worker safety, increase asset life, reduce wasted resources, and understand the true impact of downtime.