Transformers Magazine, Vol. 5 No. 2, 2018.
Original scientific paper
Transformer health and risk indexing: Transforming asset data into decision-support information
Jos Wetzer
Abstract
Modern asset management systems make use of risk based decision methodologies. This means that not only the frequency or the consequence of an event is regarded, but also the product of both. In order to transform operational and maintenance data into decision information that supports the asset manager in taking well-substantiated decisions, use is made of health and risk indexing methods. A health index is used to represent the condition or health of an asset; a risk index is used to represent the associated risk of a failing or defective asset. Several methodologies are in use to perform health and risk indexing. In this contribution, we will discuss the features and requirements of such methods. In particular, we will discuss some of the key challenges faced when developing and implementing health and risk indexing in asset management decision making.
Keywords
health index; risk index; asset management
Hrčak ID:
202538
URI
Publication date:
9.4.2018.
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