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What's New in SAP Asset Performance Management 2405

kate_dowle
Product and Topic Expert
Product and Topic Expert
‎2024 Jun 08 6:30 AM
1,597

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Welcome to our latest release blog for SAP Asset Performance Management 2405*. Before we start I'd like to alert you to a couple of webcasts coming up. Register right now for:

Back to the blog. We're excited to share our updated asset risk assessment tools, which now offer superior flexibility and efficiency for risk management. With new 'obsolete' and 'reopened' statuses, you can easily modify and manage the life cycle of your risk and criticality assessments and templates. The systems also provide the addition of validity dates, enhancing timely tracking of assessments. Our FMEA assessments now include an optional criticality analysis, allowing for a deeper understanding of any potential system risks. Finally, with new APIs, external applications and scripts can now manage your RCM assessments, boosting process flexibility and accuracy. These improvements aim to streamline your risk assessment and reliability engineering tasks. Let's dive in.

*for simplicity I may refer in the following blog to SAP Asset Performance Management as APM. The blog topics are structured by APM business capability.

 

Asset Risk Assessment

New Statuses for Risk & Criticality Templates and Assessments (Obsolete, Reopen) 

We've made updates to our status management for risk and criticality templates and assessments, enabling you to keep your assessments and assessment templates current and relevant and keep track of them through versioning.

Firstly, two new statuses were introduced to assessment templates: 'obsolete' and 'reopened'. Customers indicated that they wanted to adjust and amend configurations within assessment templates. The 'reopened' status allows users to tweak assessment templates with ease. This enables changes to details such as impact dimensions, scales, and color configurations, before releasing the updated version of the assessment template. This updated template overwrites the obsolete version and becomes the new norm for assessments.
The implementation of the 'obsolete' function allows users to retire any assessment templates no longer suitable or needed. Previously, deletion of templates was only allowed when they were at the 'created' stage. However, now templates can still be retired at the 'released' stage by marking them as 'obsolete'. If a mistake was made and an obsolete template is needed, it can be recovered and made 'active' again.

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Moving on to the assessment itself. The power to mark assessments as 'obsolete', comes in handy when creating new assessments designed to replace the current ones. This renders obsolete assessments irrelevant and should be ignored in future processes. Yet, just like assessment templates, any errors made can be easily amended. The 'obsolete' status can be reversed if necessary, returning an assessment to the 'released' or 'in process' status.

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In summary, these updates help you maintain up-to-date assessments. Whether you want to retire old assessments, make quick changes, or handle accidental errors, managing your assessments has never been more convenient. Watch the video to see it live in the system:

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See the SAP Help Portal for an overview of the status management:

 

Validity Start and Validity End Dates in Risk and Criticality Assessments

This update introduces a feature focused on defining the validity of each assessment. The validity dates, or the usage periods, enable users to understand how long an assessment's results remain relevant. This enhances the overall assessment management process by alerting users when assessments are approaching their validity end date, encouraging timely reassessment or new assessments when needed.

In addition to being able to define and extend the validity dates, users will also be able to filter and sort their assessments based on these dates. This feature adds another layer of organization, as users can now have a clear view of all assessments, including those due for reassessment in the near future.

The system uses color-coding to help users differentiate between assessments that are in the danger of becoming invalid soon (red) and those with some time left before they become invalid (orange). This visual cue is immediately updated when any changes are made to the validity dates.

In the list page, users will find the 'valid from' date under the settings button while the 'valid to' date is readily available by default. One of the key enhancements, is the introduction of an intuitive filter for 'valid to' date facilitating simpler management.

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These changes not only help in maintaining the relevance of assessments but also provide an organized, efficient, and user-friendly way of managing them.

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Asset Reliability Engineering

Extend FMEA Assessment with Criticality Analysis (FMECA)

We have extended the current Failure Mode and Effects Analysis (FMEA) assessments with an ‘Optional’ capability to support the upcoming Failure Mode, Effects and Criticality Analysis (FMECA). Existing risk and criticality templates can therefore be reused to support FMECA processes. By extending FMEA to include criticality analysis, you get a more comprehensive understanding of potential risks and vulnerabilities within technical systems, leading to enhanced safety and reliability, as it allows for the proactive identification and mitigation of high-risk failure modes. Furthermore, this new capability promotes cost efficiency. FMECA processes facilitate proactive, strategic resource allocation. This implies that resources are utilized where they are most needed, to address high-impact risks. Such strategic resource use is a key factor in cost reduction, making the business operations more efficient. 

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Publish APIs for RCM Assessment for Technical Objects

We've published new APIs to update, read, and delete Reliability Centered Maintenance (RCM) assessments, including

  • Header data such as name, description, long text, and scope.
  • Failure data hierarchy with functions, function failures, and failure modes
  • Consequence evaluation
  • Recommendations

The ability to manage RCM assessments from external applications or scripts brings about a significant increase in process flexibility. Design modifications, maintenance strategies, and other decisions can be more easily informed and made by drawing on the adaptable and accessible RCM information from external applications or scripts. I also allows for more streamlined operations and automated processes, reducing human error and maximizing efficiency. In effect, this leads to improved use of resources, time-saving, and ultimately more effective maintenance decisions.

 

Keep in touch

Here's a quick reminder how to keep in touch with all things APM:

and check out all past and present Intelligent Asset Management webcasts here. If you register for an IAM webcast, you will be automatically subscribed to our IAM Community Engagement Newsletter. 

See you again soon for the 2406 release update!

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