Construction Tab

The Construction tab enables agencies to document detailed information about the construction of the valve.  The tab also provides several fields for risk analysis.

Value Calculations

Present Value

Remaining Life

These fields are updated automatically by the system based on deterioration rates set up up in the Construction record.

Risk Calculation

Risk calculations are a way for agencies to evaluate where potential weak spots in their infrastructure are.

Criticality

Rates how important the asset is. This rating should be a whole number based on a scale that the agency uses. A higher number means more risk.

Example: On a scale of 1 to 100 this asset is pretty import so it has a Criticality score of 85.

Probability of Failure

Rates how likely the asset is to fail. This rating should be less than one because it represents a percentage.

Example: This asset will only fail about 5% of the time so it has a Probability of Failure of (5/100) = .05

Mitigation

Rates any factors that have been put into place to mitigate the failure of the asset. This rating should be less than one because it represents a percentage.

Example: To offset the failure of this asset we have a backup, though it will only make up for about 30% of the loss. This asset has a mitigation score of (30/100) = .3

Risk

Represents how much risk the asset represents. Calculated based on: (Consequence of Failure x Probability of Failure x Mitigation).

Example: This asset represents a 85 x .05 x .3 = 1.275 risk to the system.

Construction Grid

This Construction tab also displays all construction records associated with the valve.

A sample of the grid appears below. Sort records in the grid by clicking on the headings.  An up or down arrow (highlighted in orange below) indicates whether dat appear in ascending or descending order.

constgrid

To access Construction records, go to Sewer > Construction Records.

More information about Construction records