Hierarchical Assets
Organizations can create asset hierarchies to help identify the location of assets and to track maintenance requirements and activities. As part of their business processes, maintenance costs may roll up the hierarchy from child assets to the parent asset. In this way, the organization can effectively track costs.
Point Example
In this example of an asset hierarchy, a sign bridge is the parent asset; it is located at a fixed point on the network. Child assets are the signs attached to the sign bridge. Additional child assets may be the lights that illuminate the signs.
A recommended best practice is to assign only AT child assets to a parent asset that is a point asset.
Linear Example
In this example of an asset hierarchy, a road segment is the parent asset; it spans a linear distance on the network. Child assets are the traffic counters positioned at locations in the road lanes.