Understanding Work Order Failure Tracking and Analysis
PeopleSoft Maintenance Management provides users the capability to track and analyze equipment failure incidents for various operational and regulatory needs, such as health, safety, and environmental compliance. These failure incidents are defined as failure events in a work order which are directly tied to a target asset that has failed in a work order task.
You can analyze these asset failures to:
-
Help prevent recurrence or minimize the number of future incidents.
-
Reduce associated downtime and repair costs.
-
Measure and track both asset reliability and maintenance and repair effectiveness.
-
Support repair versus replace decisions.
-
Support related planning and budget allocation activities for constrained maintenance resources.
To accomplish these goals, PeopleSoft Maintenance Management enables users to set up failure severity and failure impact codes to define data that describes, quantifies, and qualifies asset failure events from the various perspectives of the Work Order, Work Order Completion, or Technician Workbench components. You can analyze failure events based on specific detail or summary criteria in Failure Analysis inquiry, where you can discover trends and relationships affecting future failure occurrence, asset reliability, and maintenance and repair effectiveness measures. Failure tracking and analysis are optional activities that can assist supervisors and managers to carefully manage their assets.