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AVEVA ™ Asset Strategy Optimization

Risk analysis

  • Last UpdatedFeb 13, 2023
  • 1 minute read

As soon as the required properties of an FMECA system are available, Asset Strategy Optimization will automatically perform a risk analysis. The risk of failure is calculated using the risk matrix

Risks can be calculated and assessed via the details specified in the FMECA Systems window. In Asset Strategy Optimization, the risk is expressed in the risk number. This number is the product of the weighting factors of the MTTF and the class of an effect. If the risk exceeds a pre-set limit value (the risk limit), the part concerned is considered to be critical. Calculating risk numbers is done automatically by Asset Strategy Optimization.

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