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Model Construction Process

Objective: Gain an understanding of how to construct a model and run a simulation in Assetic Predictor 5.5 by following the process.

 

The following process map provides a guide to the key steps involved in developing an asset life cycle model in Predictor.

 

Steps

(LMS video references)

Description Knowledge Base Reference
Create a Portfolio (2.0) Initiate the model by creating a new Predictor Portfolio (.PPF) https://assetic.zendesk.com/hc/en-us/articles/360000187275
Create a Template (3.0) Create a template for each asset category or asset group https://assetic.zendesk.com/hc/en-us/articles/360000187456
Create Treatments (3.1) Create Treatments for each asset category https://assetic.zendesk.com/hc/en-us/articles/360000187416
Allocate Grouping(3.1.1) Refer to Treatments to understand the importance of Grouping https://assetic.zendesk.com/hc/en-us/articles/360000187416
Input Unit Cost Variations (3.2) Create Unit Cost Variations https://assetic.zendesk.com/hc/en-us/articles/360000187396
Input Service Criteria (3.3) Create Service Criteria https://assetic.zendesk.com/hc/en-us/articles/360000187415
Input Life Cycle Variations (3.6) Create Life Cycle Variations https://assetic.zendesk.com/hc/en-us/articles/360000187395
Input Degradation Profiles (3.4) Create Degradation Profiles https://assetic.zendesk.com/hc/en-us/articles/360000187616
Input Treatment Filters (3.5) Create Treatment Filters https://assetic.zendesk.com/hc/en-us/articles/360000187375
Input Service Index (3.6) Create Service Index https://assetic.zendesk.com/hc/en-us/articles/360000187355
Input Risk Configuration Create Risk Configuration  TBA
Input Backlog Configuration Create Backlog Allocation https://assetic.zendesk.com/hc/en-us/articles/360000187376
Configure ESRI ArcGIS Integration (8.1) Create ESRI Integration https://assetic.zendesk.com/hc/en-us/articles/360000187816
Add Data Add Data to the Template https://assetic.zendesk.com/hc/en-us/articles/360000187655
Prepare Data Structure and Setup (4.0) Edit and prepare the data https://assetic.zendesk.com/hc/en-us/articles/360000187556
Import Data(4.1) Import the data https://assetic.zendesk.com/hc/en-us/articles/360000187635
Setup Mapping & Scaling (4.1) Map and scale the data https://assetic.zendesk.com/hc/en-us/articles/360000187555
Review Transformed Data View the transformed data https://assetic.zendesk.com/hc/en-us/articles/360000187615
Add Model Add Model to the Template https://assetic.zendesk.com/hc/en-us/articles/360000187895
Input Life Cycles Create life cycles  TBA
Input Life Cycle Variations Add life cycle variations to modify the degradation profile https://assetic.zendesk.com/hc/en-us/articles/360000187735
Input Treatment Criteria (5.0) Create treatment criteria https://assetic.zendesk.com/hc/en-us/articles/360000187716
Input Treatment Effect (5.1) Create treatment effects. https://assetic.zendesk.com/hc/en-us/articles/360000187815
Input Improvement Gain and Threshold Set the gain and threshold limits. https://assetic.zendesk.com/hc/en-us/articles/360000187775
Add Strategy Add Strategy to the Template https://assetic.zendesk.com/hc/en-us/articles/360000187995
Input Treatment Unit Costs (6.0) Create treatment unit costs https://assetic.zendesk.com/hc/en-us/articles/360000187796
Input Treatment Unit Cost Variations (6.0) Create treatment unit cost variations https://assetic.zendesk.com/hc/en-us/articles/360000187796
Maintenance Unit Costs (6.1) Create maintenance unit costs https://assetic.zendesk.com/hc/en-us/articles/360000187955
Operational Cost (6.2) Create operational costs https://assetic.zendesk.com/hc/en-us/articles/360000187776
User Costs (6.3) Create user costs https://assetic.zendesk.com/hc/en-us/articles/360000187935
Input Budget (6.4) Create budget https://assetic.zendesk.com/hc/en-us/articles/360000187756
Input Benefit Variation (6.5) Create benefit variations https://assetic.zendesk.com/hc/en-us/articles/360000187915
Input Risk Mitigation Benefit Variation Create risk mitigation benefit variation  TBA
Create New Simulation (7.0) Add simulation https://assetic.zendesk.com/hc/en-us/articles/360000187856
Run Optimisation Wizard Optimise the model https://assetic.zendesk.com/hc/en-us/articles/360000188055
Calibrate Model Calibrate the model  TBA
Run Analysis Reports (9.1 – 9.12) Generate and review simulation output reports. https://assetic.zendesk.com/hc/en-us/sections/360000036176