All FeaturesKnow which assets to fix first
Every asset scored by consequence × likelihood of failure - so capital and crew time go where failure would hurt most, not just where equipment is oldest.
Rank by risk, not age
A young generator that takes the building down outranks an old fan that fails quietly. Scores weigh what failure costs, not just when it might happen.
Scores that defend themselves
Consequence × likelihood replaces gut feel with arithmetic. When the board asks why this asset comes first, the answer is in the score.
From score to schedule
Consequence of failure feeds the replacement planner’s priority score, and risk scores sit beside every asset in capital review - so assessment turns into action, not a binder on a shelf.
Every asset on one 5×5 map
AssetLab plots each asset by what its failure would cost and how soon that failure might come. The result is a score from 1 to 25 - and a portfolio that ranks itself, from run-to-failure up to replace-now.
- Scores update automatically as your data changes
- Clear bands: minimal, low, medium, high, critical
- Sort and filter the whole portfolio by score
- Spot risk concentration by site, building, or system
Measure what failure would actually cost
Consequence isn't one number guessed in a meeting. Each asset is scored across six impact dimensions, so a fire suppression system, a fuel tank, and a lobby fountain each carry the consequence profile they deserve.
- Safety, service, environmental, financial, regulatory, reputation
- Each dimension scored 1-5, worst case drives the total
- Reusable risk profiles - assign one as a system default, inherit or override per asset
- Custom criteria match your risk tolerance and regulations
Likelihood from data you already have
No consultant study required. Age against expected lifetime and condition from inspections - records your team already keeps - feed the likelihood score automatically.
- Lifecycle percentage auto-calculated from install date
- Condition scores captured through inspections
- Score updates as new assessments land and assets age
And everything else you'd expect
5×5 risk matrix
Every asset plotted and scored 1-25
Six consequence dimensions
Safety to reputation, scored 1-5
Data-driven likelihood
Age, condition, and maintenance history
Risk ranking
The whole portfolio sorted by score
Criticality flags
Mission-critical assets called out
Risk history
Scores tracked over time per asset
Reusable risk profiles
Set once per system, inherit on every asset
Custom risk criteria
Thresholds tuned to your risk tolerance
Risk reports
Board- and insurer-ready exports
Multi-site support
Unlimited sites, buildings, and locations
“Having visual metrics on asset age and maintenance history in one place has changed how I think about long-term planning. I can see at a glance which assets are aging, what work has been done on them, and how that factors into our capital planning.”
Risk Management FAQ
Common questions about risk scoring, consequence and likelihood of failure, and how risk drives maintenance and capital decisions.
