Defining Report Factor Sets

The Metrix Asset Management system offers the Cost to Bring to Satisfactory Report as a built-in report template for users. This report calculates intervention metrics for components based on their condition a pre-defined factor set. This guide details how to create and manage such factor sets.

  1. Navigate to the ‘Reports’ page of the application.

  2. From the report template list, select ‘Cost to Bring to Satisfactory Report’.

  3. This will take you to the generation/configuration page for this report option. The current chosen ‘Factor Set’ will be active in the ‘Report Factor Set’ drop-down. If you have never created your own ‘Factor Set’, this will be a system default set.

  4. To create a new ‘Factor Set’, select ‘Create New Factor Set’ from the drop-down list options. To edit the active ‘Factor Set’, click on ‘View/Manage’ next to the drop-down list.

  5. If creating a new ‘Factor Set’, enter a ‘Factor Set Name’ in the text input box. Then select the ‘Report Category’ for which this ‘Factor Set’ will apply to. If editing, the existing ‘Factor Set’, click ‘Edit’.

  6. For each option configured for the report category, an array of factors will be generate per scaled condition score of 1-5. These are placeholders for you to replace with your actual factors. To set the factors, there are two options:

    Set Globally

    The top row of the list is reserved for global assignment. That is, this row does not pertain to a particular report category option - it is there to allow you to set a figure that will be replicated across ALL report category options below.

    Set Individually

    Excepting the top row, each row represents a configured report category option. These rows can be individually managed by inputting values directly.

  7. First, choose a factor base as ‘Replacement Value’ or ‘Carrying Value’. This is the metric that will be multiplied by the report factor per scaled condition score.

  8. or each scaled condition score across the row, input the desired report factor from 0% to 100%.

  9. When you have finished, click ‘Save’ at the top of the table.