Spatial7 EAM Asset ManagementLesson 1 of 4 · 0% complete
Condition, criticality and risk

Condition and criticality across a portfolio

Reading the two dimensions together to decide where to act first.

45 min

Two questions, two scales

  • Condition answers "how is it?" — 1 (very good) to 5 (very poor)
  • Criticality answers "what would failure mean?" — low, medium, high or critical

The pattern to look for

Plotting the two together separates the portfolio into four groups:

| | Good condition | Poor condition | | --- | --- | --- | | High criticality | Protect and monitor | Act first | | Low criticality | Routine management | Plan, don't panic |

The top-right group is where money goes first: critical assets already deteriorating. The bottom-left group is where money should not be wasted on early renewal.

Using the platform

Filter the register by condition and criticality, then read the portfolio view. Because every figure comes from the asset records, the view changes the moment the field data does.

Create an Academy account to track your progress and resume where you stop.

Skip to Risk, probability and consequence