Paul Langan, a senior reliability technician with more than 45 years of maintenance and reliability experience, joins the podcast to help us answer some of the major questions centered on asset hierarchy. We’ll go into the weeds of asset hierarchy by discussing topics such as the types of assets that should be catalogued, the importance of developing a parent-child relationship within your hierarchy system, and how to optimize your hierarchy.

Discussion highlights include:

• Explaining what an asset hierarchy is and why it's important for an effective asset management program
• Identifying the types of assets that should be catalogued
• Uncovering the need to validate your assets
• Developing a parent-child relationship
• Optimizing your asset hierarchy system

Additional Resources:

• Is Asset Hierarchy Validation and Optimization a Waste of Time and Money?
• Sample Functional Hierarchy