Method and system for monitoring plant assets

A method for monitoring plant assets automatically at a predetermined interval, the sum of the plant assets to be monitored and the sum of the bad actors in the last monitoring interval are stored in a database, the method comprising the steps of:

• (a) calculating a current sum of the plant assets to be monitored at the current predetermined interval;
• (b) retrieving the stored sum of the plant assets;
• (c) determining whether the current sum of the plant assets corresponds to the stored sum;
• wherein the stored sum corresponds to the current sum, the method further includes the steps of
• (d) calculating the current sum of the bad actors;
• (e) computing the percentage of bad actors from the calculated sum;
• and
• (f) determining Asset Health Risk Index.

A system for monitoring plant assets automatically comprising :

• (a) a calculator for
• a. calculating a sum of the plant assets to be monitored;
• b. calculating a sum of the bad actors;
• c. computing the percentage of bad actors from the calculated sum;
• and
• d. computing the Asset Health Risk Index of the plant assets;
• (b) a database for
• a. storing the calculated sum of plant assets;
• b. storing the computed percentage of bad actors;
• c. storing the computed Asset Health Risk Index of the plant assets;
• and
• (c) a comparator in communication with the calculator and the database for
• a. storing the calculated sum of the plant assets to the database;
• b. retrieving the stored sum of the plant assets from the database;
• c. determining whether the current sum of plant assets corresponds to the stored sum;
• d. storing the computed percentage of bad actors to the database;
• e. retrieving the stored percentage of bad actors from the database;
• f. determining whether the current percentage of bad actors corresponds to the stored percentage;
• g. storing the computed the Asset Health Risk Index of the plant assets;
• h. retrieving the stored the Asset Health Risk Index of the plant assets;
• and
• i. comparing the current Asset Health Risk Index with the stored Asset Health Risk Index.

A system for monitoring plant assets automatically comprising :

• (a) a calculator for
• (i) calculating a sum of plant assets to be monitored;
• (ii) calculating a sum of bad actors;
• (iii) computing the percentage of bad actors;
• (iv) retrieving the stored percentage of bad actors;
• and
• (v) computing the difference between the stored percentage of bad actors and the current percentage of bad actors
• (b) a database for
• (i) storing the sum of plant assets calculated in the calculator;
• (ii) storing the computed percentage of bad actors in the calculator;
• (iii) storing the computed difference of percentage of bad actors in the calculator;
• and
• (c) a comparator for
• (i) retrieving the stored sum of the plant assets from the database;
• (ii) determining whether the current sum of plant assets corresponds to the stored sum;
• (iii) retrieving the stored percentage of bad actors;
• (iv) storing the computed the difference between the stored and current percentage of bad actors;
• (v) retrieving the stored the difference;
• and
• (vi) comparing the current difference with the stored difference.