After you have built failure hierarchies, you can record, report and analyze asset and location failures.
You can use the Quick Reporting application or the Work Order Tracking application to record asset failures and location failures on work orders. To record failures for a work asset, report failures on work orders for the asset by choosing the appropriate failure codes from the failure hierarchy. If you associate the failure class of an existing failure hierarchy with the asset in the Assets application or the Locations application, then the value is the default value for the failure class on the work order. You can change this default value. If you have not previously associated the failure class of an existing failure hierarchy with the asset in the Assets application or the Locations application, then there is no default value for the failure class. You can select a failure class when you create a work order.
You can use reports to view failure histories of your work assets. Conduct failure analyses to review histories of asset failures and of location failures over time. Look for issues such as breakdown trends or mean time between failures on printed reports. You can correlate this failure information with other data such as preventive maintenance (PM) schedules to develop ways to reduce or limit asset failures in the future.