{"id":8635,"date":"2024-02-15T15:39:57","date_gmt":"2024-02-15T08:39:57","guid":{"rendered":"https:\/\/robere.co.id\/?p=1121"},"modified":"2024-02-15T15:39:57","modified_gmt":"2024-02-15T08:39:57","slug":"asset-criticality-ranking","status":"publish","type":"post","link":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/","title":{"rendered":"The Implementation of Asset Criticality Ranking in Asset Management"},"content":{"rendered":"

Written By, Hilman <\/span>Badhi<\/span> Adikara, GRC Team Leader – Robere & Associates (Indonesia)<\/span><\/span>\u00a0<\/span><\/strong><\/em><\/p>\n

To successfully execute its business processes, a company <\/span>requires<\/span> the support of <\/span><\/span>high-quality assets<\/span><\/span> that can uphold its performance in achieving established goals and <\/span>objectives<\/span>. Therefore, companies inevitably engage in <\/span><\/span>asset management<\/span><\/span>, encompassing processes from <\/span><\/span>asset needs planning<\/span><\/span>, <\/span><\/span>asset inventory<\/span><\/span>, <\/span><\/span>asset operation<\/span><\/span>, <\/span><\/span>asset maintenance<\/span><\/span>, <\/span><\/span>asset valuation<\/span><\/span>, to <\/span><\/span>asset disposal<\/span><\/span>, commonly referred to as the <\/span><\/span>asset life cycle<\/span><\/span>.<\/span><\/span>\u00a0<\/span><\/p>\n

\"Asset<\/p>\n

Benefits of Implementing an Asset Management System<\/span><\/span>\u00a0<\/span><\/h4>\n

Given the extensive range of processes involved in <\/span><\/span>asset management<\/span><\/span>, companies can <\/span>leverage<\/span> an <\/span><\/span>Asset Management System<\/span><\/span> as a fundamental framework to <\/span>monitor<\/span> each process. Furthermore, implementing an <\/span><\/span>Asset Management System<\/span><\/span> offers <\/span>numerous<\/span> advantages for companies, including:<\/span><\/span>\u00a0<\/span><\/p>\n

    \n
  1. Supporting companies in making informed decisions, particularly in developing <\/span>strategic asset management plans<\/span><\/b>.<\/span>\u00a0<\/span><\/li>\n
  2. Enhancing company performance through <\/span>effective asset allocation<\/span><\/b>.<\/span>\u00a0<\/span><\/li>\n
  3. Reviewing <\/span>actual asset values<\/span><\/b>, including <\/span>asset depreciation<\/span><\/b>, to prevent performance decline.<\/span>\u00a0<\/span><\/li>\n
  4. Simplifying <\/span>budget planning for asset management<\/span><\/b>.<\/span>\u00a0<\/span><\/li>\n
  5. Optimizing <\/span>asset-related risk management<\/span><\/b>, especially in determining <\/span>asset criticality levels<\/span><\/b>.<\/span>\u00a0<\/span><\/li>\n<\/ol>\n

    One key reference for implementing an <\/span><\/span>Asset Management System<\/span><\/span> is the <\/span><\/span>ISO 55001 standard<\/span><\/span>. A particularly compelling aspect of <\/span><\/span>ISO 55001<\/span><\/span> is how companies can <\/span>establish<\/span> priorities for activities to achieve their defined <\/span><\/span>asset management <\/span>objectives<\/span><\/span>. This prioritization can be achieved through <\/span><\/span>asset criticality determination<\/span><\/span>, commonly known as <\/span><\/span>Asset Criticality Ranking<\/span><\/span>.<\/span><\/span>\u00a0<\/span><\/p>\n

    What is Asset Criticality Ranking?<\/span><\/span>\u00a0<\/span><\/h4>\n

    Asset Criticality Ranking<\/span><\/span> is a method used to <\/span>identify<\/span> <\/span>priority assets<\/span><\/span> for maintenance and protection. Companies can perform <\/span><\/span>Asset Criticality Ranking<\/span><\/span> by considering several factors, including:<\/span><\/span>\u00a0<\/span><\/p>\n

      \n
    1. The types of <\/span>assets being managed<\/span><\/b>, whether physical or non-physical.<\/span>\u00a0<\/span><\/li>\n
    2. Defining <\/span>consequence criteria<\/span><\/b> that may occur to assets.<\/span>\u00a0<\/span><\/li>\n
    3. Defining <\/span>reliability criteria<\/span><\/b> based on the likelihood of consequences occurring to assets.<\/span>\u00a0<\/span><\/li>\n
    4. Defining <\/span>detectability criteria<\/span><\/b> as a form of prediction for potential asset damage.<\/span>\u00a0<\/span><\/li>\n
    5. Establishing an <\/span>asset criticality matrix<\/span><\/b>.<\/span>\u00a0<\/span><\/li>\n<\/ol>\n

      Companies can then conduct assessments by assigning values to the consequence, reliability, and detectability criteria. A higher <\/span><\/span>Asset Criticality Ranking<\/span><\/span> score will <\/span>impact<\/span> the handling of the asset, specifically prioritizing stricter monitoring and <\/span>relatively shorter<\/span> maintenance schedules to ensure <\/span>optimal<\/span> <\/span>asset performance<\/span><\/span>.<\/span><\/span>\u00a0<\/span><\/p>\n

      Establishing Asset Criticality Ranking<\/span><\/span>\u00a0<\/span><\/h4>\n

      Below is an example of criteria that can be used to analyze each <\/span><\/span>asset<\/span><\/span>, which will then be assigned a <\/span><\/span>criticality level<\/span><\/span>:<\/span><\/span>\u00a0<\/span><\/p>\n

      [table id=14 \/]<\/p>\n

      After analyzing assets against each criterion, the values for each criterion (A+B+C+D) need to be <\/span>summed up<\/span>. The resulting sum then needs to be aligned with the <\/span><\/span>criticality levels<\/span><\/span> below.<\/span><\/span>\u00a0<\/span><\/p>\n

      [table id=15 \/]<\/p>\n

      Example:<\/span><\/b>\u00a0<\/span><\/p>\n

      The company owns a server and operational vehicles. The company will then assess their <\/span>criticality levels<\/span><\/b> in the following table:<\/span>\u00a0<\/span><\/p>\n

      [table id=16 \/]<\/p>\n

      Based on the table above, the <\/span><\/span>criticality level<\/span><\/span> of the server is higher than that of the operational vehicle. Consequently, the server <\/span>requires<\/span> more intensive treatment compared to the operational vehicle, including shorter maintenance intervals, continuous monitoring, preparing a <\/span><\/span>backup plan<\/span><\/span> mechanism in case of server downtime, and providing notifications for server disruptions.<\/span><\/span>\u00a0<\/span><\/p>\n

      The results of the <\/span><\/span>Asset Criticality Ranking<\/span><\/span> assessment can <\/span>benefit<\/span> companies by preventing asset damage that would directly <\/span>impact<\/span> business processes. Additionally, the<\/span><\/span>\u00a0Asset Criticality Ranking <\/em><\/a>results can also serve as a basis for companies in <\/span>establishing<\/span> their <\/span><\/span>asset life cycle<\/span><\/span>.<\/span><\/span>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

      Written By, Hilman Badhi Adikara, GRC Team Leader – Robere & Associates (Indonesia)\u00a0 To successfully execute its business processes, a company requires the support of high-quality assets that can uphold its performance in achieving established goals and objectives. Therefore, companies inevitably engage in asset management, encompassing processes from asset needs planning, asset inventory, asset operation, … Continued<\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[42],"tags":[],"class_list":["post-8635","post","type-post","status-publish","format-standard","hentry","category-knowledge"],"acf":[],"yoast_head":"\nThe Implementation of Asset Criticality Ranking in Asset Management<\/title>\n<meta name=\"description\" content=\"Discover how implementing asset criticality ranking can enhance asset management, improve decision-making, and align with business objectives.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"id_ID\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Implementation of Asset Criticality Ranking in Asset Management\" \/>\n<meta property=\"og:description\" content=\"Discover how implementing asset criticality ranking can enhance asset management, improve decision-making, and align with business objectives.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/\" \/>\n<meta property=\"og:site_name\" content=\"Robere\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-15T08:39:57+00:00\" \/>\n<meta name=\"author\" content=\"Robere Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Ditulis oleh\" \/>\n\t<meta name=\"twitter:data1\" content=\"Robere Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimasi waktu membaca\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 menit\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/\"},\"author\":{\"name\":\"Robere Admin\",\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/#\\\/schema\\\/person\\\/ffceebf63c37712164c5ad1e242ffacd\"},\"headline\":\"The Implementation of Asset Criticality Ranking in Asset Management\",\"datePublished\":\"2024-02-15T08:39:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/\"},\"wordCount\":519,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/robere.dg-apps.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/WhatsApp-Image-2024-02-15-at-15.33.38_08a1f1ad.jpg\",\"articleSection\":[\"Knowledge\"],\"inLanguage\":\"id\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/\",\"url\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/\",\"name\":\"The Implementation of Asset Criticality Ranking in Asset Management\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/robere.dg-apps.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/WhatsApp-Image-2024-02-15-at-15.33.38_08a1f1ad.jpg\",\"datePublished\":\"2024-02-15T08:39:57+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/#\\\/schema\\\/person\\\/ffceebf63c37712164c5ad1e242ffacd\"},\"description\":\"Discover how implementing asset criticality ranking can enhance asset management, improve decision-making, and align with business objectives.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/#breadcrumb\"},\"inLanguage\":\"id\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"id\",\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/#primaryimage\",\"url\":\"https:\\\/\\\/robere.dg-apps.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/WhatsApp-Image-2024-02-15-at-15.33.38_08a1f1ad.jpg\",\"contentUrl\":\"https:\\\/\\\/robere.dg-apps.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/WhatsApp-Image-2024-02-15-at-15.33.38_08a1f1ad.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/asset-criticality-ranking\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Implementation of Asset Criticality Ranking in Asset Management\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/#website\",\"url\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/\",\"name\":\"Robere\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"id\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/#\\\/schema\\\/person\\\/ffceebf63c37712164c5ad1e242ffacd\",\"name\":\"Robere Admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"id\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/080af0816e4728e00a10f74f27e8f51ce66a4358e2e77fd77a2c87c9669393c3?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/080af0816e4728e00a10f74f27e8f51ce66a4358e2e77fd77a2c87c9669393c3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/080af0816e4728e00a10f74f27e8f51ce66a4358e2e77fd77a2c87c9669393c3?s=96&d=mm&r=g\",\"caption\":\"Robere Admin\"},\"url\":\"https:\\\/\\\/robere.dg-apps.com\\\/id\\\/author\\\/robereadmin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Implementation of Asset Criticality Ranking in Asset Management","description":"Discover how implementing asset criticality ranking can enhance asset management, improve decision-making, and align with business objectives.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"id_ID","og_type":"article","og_title":"The Implementation of Asset Criticality Ranking in Asset Management","og_description":"Discover how implementing asset criticality ranking can enhance asset management, improve decision-making, and align with business objectives.","og_url":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/","og_site_name":"Robere","article_published_time":"2024-02-15T08:39:57+00:00","author":"Robere Admin","twitter_card":"summary_large_image","twitter_misc":{"Ditulis oleh":"Robere Admin","Estimasi waktu membaca":"3 menit"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/#article","isPartOf":{"@id":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/"},"author":{"name":"Robere Admin","@id":"https:\/\/robere.dg-apps.com\/id\/#\/schema\/person\/ffceebf63c37712164c5ad1e242ffacd"},"headline":"The Implementation of Asset Criticality Ranking in Asset Management","datePublished":"2024-02-15T08:39:57+00:00","mainEntityOfPage":{"@id":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/"},"wordCount":519,"commentCount":0,"image":{"@id":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/#primaryimage"},"thumbnailUrl":"https:\/\/robere.dg-apps.com\/wp-content\/uploads\/2026\/08\/WhatsApp-Image-2024-02-15-at-15.33.38_08a1f1ad.jpg","articleSection":["Knowledge"],"inLanguage":"id","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/","url":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/","name":"The Implementation of Asset Criticality Ranking in Asset Management","isPartOf":{"@id":"https:\/\/robere.dg-apps.com\/id\/#website"},"primaryImageOfPage":{"@id":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/#primaryimage"},"image":{"@id":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/#primaryimage"},"thumbnailUrl":"https:\/\/robere.dg-apps.com\/wp-content\/uploads\/2026\/08\/WhatsApp-Image-2024-02-15-at-15.33.38_08a1f1ad.jpg","datePublished":"2024-02-15T08:39:57+00:00","author":{"@id":"https:\/\/robere.dg-apps.com\/id\/#\/schema\/person\/ffceebf63c37712164c5ad1e242ffacd"},"description":"Discover how implementing asset criticality ranking can enhance asset management, improve decision-making, and align with business objectives.","breadcrumb":{"@id":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/#breadcrumb"},"inLanguage":"id","potentialAction":[{"@type":"ReadAction","target":["https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/"]}]},{"@type":"ImageObject","inLanguage":"id","@id":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/#primaryimage","url":"https:\/\/robere.dg-apps.com\/wp-content\/uploads\/2026\/08\/WhatsApp-Image-2024-02-15-at-15.33.38_08a1f1ad.jpg","contentUrl":"https:\/\/robere.dg-apps.com\/wp-content\/uploads\/2026\/08\/WhatsApp-Image-2024-02-15-at-15.33.38_08a1f1ad.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/robere.dg-apps.com\/id\/asset-criticality-ranking\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/robere.dg-apps.com\/id\/"},{"@type":"ListItem","position":2,"name":"The Implementation of Asset Criticality Ranking in Asset Management"}]},{"@type":"WebSite","@id":"https:\/\/robere.dg-apps.com\/id\/#website","url":"https:\/\/robere.dg-apps.com\/id\/","name":"Robere","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/robere.dg-apps.com\/id\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"id"},{"@type":"Person","@id":"https:\/\/robere.dg-apps.com\/id\/#\/schema\/person\/ffceebf63c37712164c5ad1e242ffacd","name":"Robere Admin","image":{"@type":"ImageObject","inLanguage":"id","@id":"https:\/\/secure.gravatar.com\/avatar\/080af0816e4728e00a10f74f27e8f51ce66a4358e2e77fd77a2c87c9669393c3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/080af0816e4728e00a10f74f27e8f51ce66a4358e2e77fd77a2c87c9669393c3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/080af0816e4728e00a10f74f27e8f51ce66a4358e2e77fd77a2c87c9669393c3?s=96&d=mm&r=g","caption":"Robere Admin"},"url":"https:\/\/robere.dg-apps.com\/id\/author\/robereadmin\/"}]}},"_links":{"self":[{"href":"https:\/\/robere.dg-apps.com\/id\/wp-json\/wp\/v2\/posts\/8635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/robere.dg-apps.com\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/robere.dg-apps.com\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/robere.dg-apps.com\/id\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/robere.dg-apps.com\/id\/wp-json\/wp\/v2\/comments?post=8635"}],"version-history":[{"count":0,"href":"https:\/\/robere.dg-apps.com\/id\/wp-json\/wp\/v2\/posts\/8635\/revisions"}],"wp:attachment":[{"href":"https:\/\/robere.dg-apps.com\/id\/wp-json\/wp\/v2\/media?parent=8635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/robere.dg-apps.com\/id\/wp-json\/wp\/v2\/categories?post=8635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/robere.dg-apps.com\/id\/wp-json\/wp\/v2\/tags?post=8635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}