WHAT IS AN ASSET HIERARCHY AND WHY IT IS IMPORTANT?
Asset Hierarchy describes systems and components along with individual attributes for each asset type. Your chosen solution should support multiple Asset Hierarchies for different projects and customers.
This is usually presented as a top-down structure, which means that your maintenance professionals can see at a glance the relationship between these assets, following a standard ‘parent/child’ logic.
This information being presented in a way which conveniently connects the assets means that any necessary maintenance is carried out in a timely fashion, any issues can be traced, and the parts and components required for repairs or replacement are easily identified.
Its structure can be aligned to existing classification systems such as Uniclass, Uniformat and NRM in an attempt to unify coding. Don’t be alarmed if not 100% successful as these alignments rarely are. You will likely need to fill in gaps or missing data in each classification.