Asset Management Program Evaluation Matrix

MMSD CMOM Program Appendix 3-1 Asset Management Program Evaluation Matrix

of 3 June 2007

MMSD CMOM Program Appendix 3-2 Asset Class-based Risk Determination

Page 1 of 7 June 2007

The Risk Management Priority Number (RaMP) is calculated as C x R x P. To determine the overall probability of failure value, P, use either: 1) The Condition Rating, P1; or 2) The sum of the four probability factors, P2, P3, P4, and P5. To determine the overall consequence of failure value, C, sum up the nine consequence factors, C1 through C9. The redundancy factor R is 1 if there are redundant assets and 1.5 if there are not. See the following pages for further detail on the determination of the individual values for probability and consequence.

Asset Management Program Evaluation Matrix

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