Asset Inventory - FAQs

Asset Inventory - FAQs

Asset Inventory FAQs

How can I view a PDF version of an asset record?

Click Print in the top right corner of any record to generate a PDF version.

How do I view an asset's complete history in an asset record zone?

In the applicable zone, toggle the MTD or YTD setting to LTD. LTD stands for "Life To Date" and will set the zone to display the asset's complete history for the given attribute.

Incidentally, MTD and YTD stand for "Month To Date" and "Year To Date," respectively. Use these settings if you want to see the work order history/PM history/etc. of the asset for the past month or year.

What is Life, ARI, and ACI?

Life, ARI, and ACI can all be viewed within an asset's record.

Life, or "Useful Life," refers to the life expectancy of an asset in terms of performance. Useful life is configured at the class level within NEXGEN.

ARI stands for "Asset Risk Index." It is a risk score ranging from 1 (low risk) to 100 (high risk) that describes the likelihood and consequence of failure of the given asset. ARI is the product of the probability of failure (API) and the impact of failure (AII).

The ACI, or "Asset Condition Index," is a score assigned to an asset ranging from 1 (best possible condition) to 10 (worst possible condition). ACI is determined by asset age unless a condition assessment is performed on the asset, in which case the age based score is overridden by the new score resulting from the condition assessment.

You can click on an asset's ARI or ACI score in its record to be taken to the Risk module, which will display more information.

Where are the search bar and filters?

We updated the NEXGEN web app to allow for greater visibility for the search and filtering functions in the Asset Inventory module. The search bar and filtering options can now be found at the top of the screen. This change also allows for greater visibility for the hierarchy tree. which is handy for those with a lot of assets.

Clicking an asset doesn't bring up the full asset record. How can I view the full record?

To view an asset record in its entirety, click the asset name in the preview pane that appears when you click on the asset.

What is the new process tree for?

Previously, there were only two hierarchy trees available in NEXGEN: the Location tree and the Class tree. An update brought the addition of the Process tree, which is yet another way to organize your assets. The Process tree is useful for grouping assets that are involved in the same process — for example, cameras that are part of a building's security system, or a pipe that will down an entire cul-de-sac's water system if it is not functioning. For more on the Process tree, see this article: Process Areas - Asset Inventory
    • Related Articles

    • Warehouse Inventory - FAQs

      Warehouse Inventory FAQs What is the difference between stock and non-stock items? Stock items are items you keep on hand at your organization while non-stock items are items you don't have on hand. In NEXGEN, stock items are required to be tied to a ...
    • Performance Reports - FAQs

      Performance Reports FAQs Why is the screen blank when I click into the Performance Reports module? By default, the screen that displays when you click into the Performance Reports module is the Favorites tab, which houses a list of your favorite ...
    • GIS - FAQs

      GIS FAQs Why can't I see the assets I want to view? Ensure that the appropriate asset layers are selected by clicking the paper stack icon and then checking the boxes for the assets you want to view. If possible, only check off layers that are ...
    • Service Request - FAQs

      Service Request FAQs How do I add an asset to a service request record? As of the current version of NEXGEN, you can now select Asset using the drop-down arrow next to +New when creating a new service request in the Service Request module. Can I ...
    • Preventive Maintenance - FAQs

      Preventive Maintenance FAQs How do I find the PMID of a PM? The PMID of a PM is the same as its PM number. The PM number is located in the header of the top zone of a PM record. How do I know which PM a work order was fired from? On every work order ...