Meridium’s Asset Strategy Management (ASM) module provides a better way to manage asset strategies using a risk-based approach. ASM provides a common methodology to define actions and their mitigated risks, providing the ability to evaluate existing plans with basic qualitative risk analysis. Managers can validate existing plans or consider strategy options to update plans to be more effective in managing risk.
Once strategies have been defined and validated on risk, the Asset Strategy Implementation (ASI) module provides a comprehensive tool to employ them through an implementation package. This allows for multiple strategies to be combined into a common package but implemented into various work management systems. The implementation packages in ASI are tied directly to any revision made to the associated asset strategies in ASM.