SYSTEM AND METHOD FOR RISK OPTIMIZED, SPATIALLY SENSITIVE PREVENTIVE MAINTENANCE SCHEDULING FOR ASSET MANAGEMENT
First Claim
1. A method for preventative maintenance comprising:
- estimating the risk of failure of an asset;
combining the estimation with causative factors;
determining a preventative maintenance schedule; and
storing the preventative maintenance schedule.
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Accused Products
Abstract
A preventative maintenance method and a system for estimating the risk of failure of an asset based on intrinsic parameters such as failure history combined with causative factors like weather and independent external risk factors such as vandalism and risk of flooding. The present invention may further have a system for estimating the risk of failure of an asset based on intrinsic parameters, such as failure history combined with causative factors such as weather and independent external risk factors like vandalism and risk of flooding having a location based asset/service failure risk estimator, an external risk estimates database for feeding and an integrated failure risk database, the external risk estimates database feeding the integrated failure risk database.
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Citations
23 Claims
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1. A method for preventative maintenance comprising:
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estimating the risk of failure of an asset; combining the estimation with causative factors; determining a preventative maintenance schedule; and storing the preventative maintenance schedule. - View Dependent Claims (2, 3)
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4. A system for estimating the risk of failure of an asset based on intrinsic parameters, such as failure history combined with causative factors such as weather and independent external risk factors like vandalism and risk of flooding, the system comprising:
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a location based asset/service failure risk estimator; an external risk estimates database for feeding; and an integrated failure risk database, the external risk estimates database feeding the integrated failure risk database. - View Dependent Claims (5, 6, 7, 8, 9, 10)
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11. A computer-readable medium storing computer instructions, which, when executed, enables a computer system operating for estimating the risk of failure of an asset based on intrinsic parameters, such as failure history combined with causative factors such as weather and independent external risk factors like vandalism and risk of flooding, the system comprising a location based asset/service failure risk estimator, an external risk estimates database for feeding and an integrated failure risk database, the external risk estimates database feeding the integrated failure risk database for implementing a method for preventative maintenance comprising:
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estimating the risk of failure of an asset; combining the estimation with causative factors; determining a preventative maintenance schedule; and storing the preventative maintenance schedule. - View Dependent Claims (12, 13)
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14. A method for deploying a system for estimating the risk of failure of an asset based on intrinsic parameters, such as failure history combined with causative factors such as weather and independent external risk factors like vandalism and risk of flooding, the system comprising a location based asset/service failure risk estimator, an external risk estimates database for feeding, and an integrated failure risk database, the external risk estimates database feeding the integrated failure risk database, the method comprising:
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estimating the risk of failure of an asset; combining the estimation with causative factors; determining a preventative maintenance schedule; and storing the preventative maintenance schedule. - View Dependent Claims (15, 16)
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17. A system for estimating the risk of failure of an asset based upon intrinsic parameters, such as failure history combined with causative factors like weather and independent external risk factors like vandalism and risk of flooding, the system comprising:
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a location based asset/service failure risk estimator; an external risk estimates database for feeding; and an integrated failure risk database, the external risk estimates database feeding the integrated failure risk database. - View Dependent Claims (18, 19, 20, 21, 22, 23)
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Specification