Asset criticality
Measures the importance of the asset to safety, operations, capacity and service continuity.
Weighted Priority Score / WPS
WPS / 16
Condition is evidence. Priority is context.
DMS Weighted Priority Score prevents physical condition from being mistaken for investment priority.
WPS=
[(AC × WAC) + (RS × WRS) + (ACG² × WACG)] × (1 + SAF)
Worked comparison
Worse condition does not always mean higher investment priority.
WPS compares physical condition with criticality and failure consequence inside one decision framework.
HV–TX / 001
Main HV transformer (Asset-A)
INVESTMENT PRIORITYHigher
12.0/ 16.0
WEIGHTED PRIORITY SCORE12.0
1481216
ASSET CRITICALITY16
RISK SCORE12
CONDITION GRADE3
Risk score
Brings likelihood and consequence of failure into one comparable engineering measure.
Asset condition grade
Represents evidence-backed physical condition—with a squared influence inside the model.
Strategic adjustment factor
Allows defined strategic constraints and programme dependencies to be considered transparently.