Free Tool — Asset Management

Asset Criticality Calculator

Calculate your asset's criticality score using the PoF × CoF matrix — the foundation of any reliable maintenance strategy. Based on SMRP and ISO 55000 best practices.

1
Asset information
2
Probability of Failure (PoF) — 1 to 5
Age & condition 3
How old or deteriorated is the asset?
Maintenance history 3
How frequent are failures / corrective work orders?
Operating conditions 3
How harsh or demanding is the operating environment?
3
Consequence of Failure (CoF) — 1 to 5
Safety & environment impact 3
Risk to personnel, environment, or regulatory compliance if this asset fails?
Production / process impact 3
How much does failure affect plant throughput or treatment process?
Repair cost & downtime 3
How costly or time-consuming is repair or replacement?
engmahmoudhassan.com
ENG.Mahmoud Hassan
Asset Criticality Assessment Report
· engmahmoudhassan.com
Probability of Failure (PoF)
Average of age, maintenance history & conditions
Consequence of Failure (CoF)
Average of safety, production & repair cost
Assessment summary
Asset
Type
Plant
Assessor
Date
Recommended maintenance strategy
    Criticality matrix — your asset position
    CoF ↓ / PoF → 12345
    Low (1–4)
    Medium (5–9)
    High (10–16)
    Critical (17–25)
    Your asset