Asset Retirement for Work Order-Managed Project Assets

You can use the Express Retirement Application Engine process (PC_EXPRET_AM) to fully retire assets that are associated with work order-managed projects. If a project asset is eligible for the Express Retirement process, this is the process flow for retiring the asset for work order-managed project activities:

  1. A user closes the work order task.

  2. PeopleSoft Maintenance Management updates values for the project activity on the Asset Integration Rules page to synchronize the PeopleSoft Project Costing and PeopleSoft Maintenance Management systems.

  3. The work order closed status triggers the Express Retirement process and indicates to the system that the project activity is ready to process.

  4. The Express Retirement process determines the assets to send to PeopleSoft Asset Management, stamps the Project Transaction table rows with asset information, and initiates the Asset Retirement Integration Application Engine process (PC_RETIRE_AM).

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