Risk Matrix Setup screen - HxGN EAM - Version 11.07.01 - Feature Briefs - Hexagon

HxGN EAM RCM

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English
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HxGN EAM
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Feature Briefs
HxGN EAM Version
11.7.1

Define your RCM risk matrix by setting up risk levels, probabilities, consequence categories, and consequences for the consequence categories. You should create a risk matrix for each RCM Project that you have defined. The Risk Matrix Setup screen has the following important attributes:

  1. Code - Unique code for the record.

  2. Description - Description for the record.

  3. RCM Project - Select the project for which you are entering the risk matrix.

  4. Type - There are three options:

    • Consequence Category - The record describes a consequence category. Examples of consequence categories are Safety, Environment, Company Image, Profitability, etc.

    • Probability - The record describes the probability that a failure will occur. Examples of probabilities are Less than a year, 1 to 5 years, 10 to 20 years, More than 20 years, etc.

    • Risk Level - The record describes the risk level that will be assigned to the equipment or location after the RCM data is completed. Examples of risk levels are Desirable, Acceptable, Undesirable, Unacceptable, Catastrophic, etc.

  5. Rating/Threshold - Risk Levels and Probabilities are assigned a Rating/Threshold. The Risk Level determined for equipment or locations is based on this value. The system will compare the Rating/Threshold with the Risk Priority Number of the equipment and assign the Risk Level based on that comparison. Higher numbers represent the less desirable Risk Levels. The Risk Priority Number itself is based on the Probability and the selected Consequence of any of the identified functional failures or failure modes, i.e. Probability Rating multiplied by the Consequence Severity. For the probability 1 to 5 years you would typically pick a higher Rating/Threshold than for the 10 to 20 years probability. For both Probabilities and Risk Levels the most desirable entry is assigned the lowest possible value 1 (one).

    Consequence Categories cannot be assigned a value here. Consequences will get a value assigned on the Consequences tab of this screen.

  6. Color - Assign a color to entries in your matrix. Green would be a logical choice for more desirable Probabilities and Risk, and red would be used for the other side of the spectrum. Only colors assigned to Risk Levels are currently used on the Risk Matrix report.

  7. Icon - Assign an icon to entries in your matrix. Icons will be displayed on the RCM tab of the equipment and location screens.

  8. Icon Path - Rather than use the pre-delivered icons, you can use your own icons if you select ‘Other’ in the Icon field. Icons must start with http:// or https:// or // or \\. Icons should be 16*16 pixels with preferred GIF, JPEG or PNG format and requiring that file type extension. If the image is more than 16*16 pixels, EAM will show the top right corner of the image.

  9. Probability % - Enter the percentage that represents the probability. This value will default on the RCM tab, if this probability is selected.

  10. Black Swan - A black swan is an event with a low probability but a very high cost or unwanted consequence. It is recommended to only select this checkbox for the lowest probability and leave it unselected for the others.