UTILITY SERVICE COMPONENT RELIABILITY AND MANAGEMENT
First Claim
1. A computer-implemented method of allocating capital assets for managing a plurality of utility service components, the method comprising:
- ranking each of the utility service components based on data retrieved corresponding to the utility service components;
calculating a base failure metric for each of the utility service components;
receiving a selection of at least one utility service component of the plurality of utility service components inputted by a user;
analyzing the selected utility service component under a plurality of improvement scenarios;
calculating an estimated failure metric of the selected utility service component based on each of the improvement scenarios; and
displaying comparison information between the base failure metric and the estimated failure metric.
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Abstract
A computer-implemented method and system performing allocating capital assets for managing a plurality of utility service components. The method includes ranking each of the utility service components based on data retrieved corresponding to the utility service components, calculating a base failure metric for each of the utility service components, receiving a selection of at least one utility service component of the plurality of utility service components inputted by a user, analyzing the selected utility service component under a plurality of improvement scenarios, calculating an estimated failure metric of the selected utility service component based on each of the improvement scenarios, and displaying comparison information between the base failure metric and the estimated failure metric.
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Citations
32 Claims
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1. A computer-implemented method of allocating capital assets for managing a plurality of utility service components, the method comprising:
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ranking each of the utility service components based on data retrieved corresponding to the utility service components; calculating a base failure metric for each of the utility service components; receiving a selection of at least one utility service component of the plurality of utility service components inputted by a user; analyzing the selected utility service component under a plurality of improvement scenarios; calculating an estimated failure metric of the selected utility service component based on each of the improvement scenarios; and displaying comparison information between the base failure metric and the estimated failure metric. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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15. A computer readable storage medium storing program instructions executable by a computer to perform a method of allocating capital assets for managing a plurality of utility service components, the method comprising:
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ranking each of the utility service components based on data retrieved corresponding to the utility service components; calculating a base failure metric for each of the utility service components; receiving a selection of at least one utility service component of the plurality of utility service components inputted by a user; analyzing the selected utility service component under a plurality of improvement scenarios; calculating an estimated failure metric of the selected utility service component based on each of the improvement scenarios; and displaying comparison information between the base failure metric and the estimated failure metric. - View Dependent Claims (16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28)
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29. A system comprising:
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a user interface configured to receive and transmit data to and from a user and a processing unit configured to; receive ranking information corresponding to a plurality of utility service components based on data retrieved corresponding to the utility service components and a base failure metric for each of the utility service components, receive a selection of at least one utility service component of the plurality of utility service components inputted by a user via the user interface, analyze the selected utility service component under a plurality of improvement scenarios as selected by the user, calculate an estimated failure metric of the selected utility service component based on each of the improvement scenarios, and display via the user interface, comparison information between the base failure metric and the estimated failure metric to the user. - View Dependent Claims (30, 31, 32)
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Specification