From the Life Cycle Analysis tab, you can review, add, or edit information used for life cycle analysis of your equipment assets.
To enter or review life cycle analysis information:
The Life Cycle Analysis tab becomes active.
| Date of Manufacture | You can use this field to document the date the equipment was made. |
| Install Date | The date the equipment is installed. This is also the date at which depreciation starts. |
Date went in for repair Date went in storage | The date the equipment was repaired, or was placed in storage. |
Date sold | If you sell the equipment, complete this field with the date of sale. |
Date of Last Meter Reading | If you are using the Preventive Maintenance application, and have implemented meter-based preventive maintenance, manually complete this field with the same values you enter for the corresponding fields of the Work Requests table. |
Classification Code | Use this field to indicate a classification for this piece of equipment.These classifications are designed to serve as a reference for analysis, evaluation, and monitoring during the feasibility, planning, and design stages of buildings. However, they are not limited to construction and can be used throughout a building’s life. |
Years Life Expectancy | This number of years life expectancy for an asset is based on industry standards. It is the mean service life in years assigned to the asset at the equipment standard level. The Years Life Expectancy is used to calculate the Remaining Life (yrs.) The value for this field is based on the value entered for the equipment standard. However, you are able to change this to reflect the circumstances of a particular piece of equipment. For example, if an air handler is stored in the basement, rather than on the roof, you could extend the life expectancy for that equipment asset. |
In-Service Date | The date the equipment was actually placed in-service, as opposed to the date when the equipment was installed. Entering the In-Service Date for an equipment asset is important as the application dynamically determines the Equipment Age (yrs) based on the current date minus the In-Service Date. |
Avg. Metered Usage/Day | The average metered use per day. If you are using the Preventive Maintenance application, the program's scheduling routine can determine upcoming preventive maintenance according to meter-based scheduling. |
# of normal operating hrs/day | If you do not want to use the Equipment Schedules table to document the use of equipment, record equipment, use this field. This field is handy for recording the use of non-production equipment and production equipment that runs the same hours every day. |
| Equipment Condition | Select the description for the equipment's condition. |
Equip. Status | This list field provides several values for documenting how an equipment item is currently being used--is it in storage, being repaired, salvaged, or in use? |
| Criticality | Use this numeric field to document the importance of the equipment item. For example, you may want to provide a high rating for production equipment that has an expensive down-time cost. |
| Cost to Replace | Use this field to document the cost of replacing this item. The Building Operations domain uses this in its Equipment Replacement Analysis report. |
| Recovery Status | After an emergency, use this field to
record the status of equipment. The default value is "No Status"
to indicate that the item has not been affected by an emergency situation.
If an emergency occurs, complete this field with the condition of the
item after the emergency, such as "Unfit for Use – Recoverable."
When you are ready to bring the item back on line, you can change the
status to "Fit for Use." |
The following fields are calculated: