Benefit Variation
Objective: Gain an understanding of how to configure Treatment Filter and Risk Mitigation Benefit Varations.
While Predictor is running a simulation under budget constraints, benefit calculation is used to decide between multiple Assets which are eligible for treatment. The Benefit Variation tab allows the user to control which Assets are chosen in the simulation by increasing or decreasing the benefit calculation for certain treatment filters and Consequence of Failure.
To configure Benefit Variations, click on the Benefit Variation tab:
Each treatment cell can be configured with a percentage variation which will be added or subtracted in the benefit calculation. The minimum variation is -100, which results in a subtraction of 100% of the benefit, effectively resulting in zero benefit. There is no maximum variation, but it’s typical to use values below 10,000.
Additionally, the treatments can be configured to take into account Risk Mitigation Benefit Variation as a percentage adjustment. The Consequence of Failure (CoF) Min and Max values must fall within the range defined within the Advanced Setup tab in the Template, and cannot be set higher or lower than this defined range.
To apply these risk variations against the treatments, select the 'Add' button and populate the required cells. The variation maximum is 10,000 and the minimum is -100.
