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Statistics (Asset Groups)


On the Asset Groups screen, you can create groups for assets. On the Statistics tab, you can view the statistics for the assets in your asset group.

Detail View Header

The field in the top section of this tab defines the data that displays.

Asset Group ID

The unique identifier of the asset group currently displayed in the grid or that you are defining. This field has a list box. This field is required.

Detail View

Update Statistics

Check this box to update statistics to gather the latest statistics for assets within the group. This updates the asset count information, average current age, mileage, and score information. Criteria line items are optional, but, these are required before the system can update statistics.

Date and time last updated

The date and time the statistics were last updated.

Asset count

The number of assets in the asset group that have an actual in service date.

Replacement costs

The cost for replacement is the sum of the expected replacement cost for all assets from the Asset Capital Tab.

Average age

Average age of the assets in the asset group. This is calculated by the (current date minus the in service date) divided by the number of assets in the asset group. This is displayed in years.

Average meter 1

The average of the sums from the LifeMeter1 field. The LifeMeter1 value is on the Meter Info tab of the Asset Primary page.

Average meter 2

The average of the sums from the LifeMeter2 field. The LifeMeter2 value is on the Meter Info tab of the Asset Primary page.

Condition score target (level of service)

This is the score the asset group wants to target. The score is calculated according to the model for this particular asset group.

Minimum condition score

The minimum score allowed for the condition of the asset group. This can be a negative or positive number. This defaults to 0.

(Unlabeled Screen Group Data Table)

Performing the updated on statistics (as talked about above) updates all information shown in the section below. This group is display only.

Rating source

The source information comes from the Equipment Management -> Capital Planning -> Equipment Condition Rating screen. The rating source information comes from the existing equipment condition ratings for the assets in the group.

Rating type

The type information comes from the Equipment Management -> Capital Planning -> Equipment Condition Rating screen. The rating type comes from the existing equipment condition ratings for the assets in the group.

Number of events

The number of assets that have a record for this type of condition score.

Average condition score

The average of the condition score for the assets that have this type of condition score.

Percent of assets meeting target

The percentage of assets from this group with this type of condition score, where the condition score is greater than the asset group target score.