The ACI link is found on the following windows:
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Asset Condition Index (ACI) is a standard benchmark that is used to make an annual assessment of the current and projected condition of an asset. ACI is available only with the Enterprise version of WebTMA.
ACI is defined as the ratio of required repairs made to the asset during the current year compared to the replacement value. It is used to compare the condition of various assets as well as help decision makers understand the relative level of requirements for renewal funding.
In WebTMA, ACI is calculated for equipment, biomed equipment, asset, entity, IT equipment, vehicle, or tools. A calculation is made when work orders for these items were completed in the current year and have costs applied to them.
In the software, ACI Actual YTD % is calculated by dividing the replacement cost by the cost of repairs for the year. The cost of repairs as a percentage of replacement cost is also compared to your own reference number called the Target ACI %.
Examples of target ratios are:
Excellent = 0-5%
Good = 5-10%
Poor = 10 + %
ACI values are calculated on an individual basis. For the most meaningful results, calculate the ACI on the last day of your fiscal year. Interim calculations can be run monthly, quarterly, or any time a manager needs it. For example, equipment items that have numerous repairs.