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Hierarchical Asset Structure Definition Training Objectives 

With the Hierarchical Asset Structure Definition training, you will be able to: 

  • Understand to classify the asset 
  • Learn how to establish the Parent-Child Relationship from the plant to the Maintenance Significant Item 
  • Link Hierarchical Asset Structure with the EAMS/CMMS 
  • Understand the benefits of a clear Hierarchical Asset Structure 
  • Validate the Hierarchical Asset Structure 

Develop the asset hierarchy structure and parent-child relationship which allows the end-user to easily identify which assets are maintainable assets and which assets are considered bill of material assets.  


What is Hierarchical Asset Structure?  

Hierarchical Asset Structure, in relation to physical assets, is the relationship between the highest level of equipment, subcomponents and components, detailed on the level where you can perform maintenance – Maintenance Significant Item. 

The hierarchical asset structure process will clarify the parent-child relationships between the assets and these relationships help to identify which assets you can perform maintenance on, and which assets are connected. This is a major benefit for data collection and further analysis on the asset performance for an accurate decision making and for improvement on asset management. 

When establishing the asset hierarchy parent-child relationship, the ISO/DIS 14224 Standard Taxonomy can be a useful guideline for establishing the appropriate levels and this can be customized to better manage the site unique requirements. 

One benefit of establishing the parent-child relationship is the preparation for scheduling preventive and predictive maintenance activities. For example, if the Planner is scheduling maintenance on a tank then all assets associated with that tank (pumps, drive motors, loop instrumentation, pressure safety valves, associated piping and isolation valves) can also be identified for maintenance while the tank is off line. This saves a lot of time and money because we can shut down a group once to do scheduled maintenance versus numerous shutdowns to do maintenance on individual assets.  

Another benefit of establishing the asset hierarchy parent-child relationship is the ability to charge costs to the lowest possible asset level, thereby providing a means to identify where maintenance costs are actually being spent.  

Additionally, the work notifications can be addressed to the correct asset level and not to a general area. This helps develop historical data that can be used to identify the actual “bad actors” that are creating the maintenance burden. 


Hierarchical Asset Structure Definition training course 

The participants will attend a theoretical training session in Hierarchical Asset Structure and a workshop that will allow the participants to implement a Hierarchical Asset Structure on a specific asset. 

The Hierarchical Asset Structure training workshop will be performed using specific templates and a benchmark example.  

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