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AVEVA ™ Asset Strategy Optimization

Work with models

  • Last UpdatedMay 26, 2025
  • 1 minute read

In Asset Strategy Optimization, models can be created for various technical systems. These models can then be simulated. Each model consists of many elements (subsystems, parts, components, failure causes, maintenance actions, etc.) that all contain many adjustable parameters (type of maintenance, statistical distribution, etc.).

In Asset Strategy Optimization, there are scenarios and simulation models. The scenarios are initially identical copies of FMECA Systems that live on as Simulation models. Simulation models are more generic in that they may be built up from (parts of) other simulation models, or from various elements copied from an FMECA System. All simulation models initially start as a scenario, i.e. they are created from an FMECA System in the FMECA Systems screen. The whole process of building a simulation model is called modeling. Modeling involves adding, moving or removing objects, and adjusting their parameters. Just as with FMECA Systems the properties of an object can be displayed by double clicking the object. Topic "Input for simulation" discusses for each object which fields are involved in simulation. Part of this information is derived from the general object overview described in Objects in Asset Strategy Optimization.

After creating a simulation model it must first be validated to test if all the model adheres to the simulation rules.

Tip: As the number of simulation models grow, it becomes more difficult to assess the origin of simulation model. For this, Asset Strategy Optimization provides the possibility to  Jump to an FMECA System.

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