Groups

Create asset group sets to group together assets with shared characteristics and use these groups in deterioration modelling.

When creating an asset group set, you will select the grouping criteria (e.g., different asset attributes). You can create several different sets of asset groups, each with their own criteria and, as a result, different asset groups.

Note: If you plan to use these groups with industry standard curves in a deterioration model, see Industry Standard Curves for the available curves and make sure to align your groups with these.

Process overview

Setup: Choose between automatic and custom.

Use

You can use asset group sets in analyses, such as deterioration models, where you will be able to select the set you want to use in the model.

Examples