Overview of the Asset Strategy Management Module

The GE Digital APM Asset Strategy Management (ASM) module lets you create a strategy, which is a set of actions that represent a plan to optimize equipment and location performance to achieve business benefits.

Using ASM, you can create the following types of strategies:

Asset Strategy: The combination of Actions and Risks that are associated with a piece of equipment or location.
System Strategy: A collection of Asset Strategies.
Unit Strategy: A collection of System Strategies.

In other words, ASM allows you to create Asset Strategies to define ways in which equipment and locations can fail and the actions that you want to perform to prevent those failures and reduce their consequences. Once you have multiple Asset Strategies, you can bundle those Asset Strategies into a System Strategy. Likewise, once you have multiple System Strategies, you can bundle those System Strategies into a Unit Strategy. A Unit Strategy, therefore, represents a global plan for multiple pieces of equipment and locations.