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How to Rate the Criticality of Your Equipment

Rating equipment criticality is an important part of a strong preventive maintenance plan. By giving your equipment a rating and setting up guidance rules, you can ensure that your maintenance and engineering efforts are focused in the correct areas.

This will allow you to quickly and easily make decisions regarding which preventive maintenance work may be moved in the schedule and which must be done on the date specified. In addition, you will be able to prioritize any issues that occur in order to keep your most critical equipment available, maximizing plant uptime.

What is Equipment Criticality?

A criticality rating given to a piece of equipment is used to determine how often the equipment should be inspected or maintained, as well as to give a scheduler a guide as to which notifications and work orders can be rescheduled to a future date, and which require more immediate attention. 

When giving criticality ratings to equipment, one should assess the vulnerability (likelihood of failure) versus the criticality (consequence of the failure) of each equipment.

Introduction to Equipment

Equipment exists in many different forms:

Rotating: equipment can be installed into and dismantled from functional locations

Mobile: lifting equipment, emergency fire equipment, vehicles, ladders

Fixed: may require inspection - towers, vessels, drums, exchangers

How to Rank Your Equipment

Equipment criticality matrix chart
Equipment Criticality Risk Matrix

1. List your equipment

2. Form an assessment team

3. Score your equipment

4. Consider the business risk if an item fails

5. Convert score to risk rating

Equipment Reliability Reporting

• Use criticality when viewing work lists or new notifications.

• Create a variant sorted by criticality to allow concentration of greatest risk equipment.

• Use criticality for a long term view to concentrate team efforts. 

Prioritization Guidelines

Ensuring correct priority means your plant output will be interrupted less often.

• Draw up some guidance rules to follow
• Use the rules to decide which PM routines may be missed, and how many times they can be missed
• Use criticality based fields in our ERP like ABC indicator to prioritize new defects

Work Order Life Cycle

Work order life cycle equipment criticality

Work history should be created by whoever carried out the work. They should add as many details as possible and state why the work was carried out. 

Rate Your Equipment Criticality to Prioritize Maintenance

In summary, best practices for conducting an asset criticality assessment are:

1. Assemble a team to rate the equipment, and include several departments with different needs and priorities

2. Decide the equipment that you want to rate

3. Rank your equipment

4. Determine the criticality for the equipment

5. Establish guidance rules to decide how to prioritize preventive work and defects

6. Use reporting to show where to concentrate team efforts to maximize availability and reliability

To read more about equipment criticality, download our whitepaper "Equipment Criticality and Prioritization of Work Orders."

 

FAQ

Why is a criticality rating chart helpful?
A criticality rating chart helps prioritize equipment maintenance and resource allocation by visually ranking assets based on their importance. It ensures that the most vital equipment, whose failure could impact safety, production, or costs, receives attention first, reducing downtime and operational risks.
What are the levels of criticality?

Criticality levels typically range from low to high. Low-criticality equipment may have minimal impact on operations, while high-criticality equipment is vital for safety, production, and overall operational efficiency. Common levels include: 

  • Critical (high): Equipment whose failure leads to significant operational disruptions or safety risks.
  • Major (medium): Equipment that is important but can be temporarily bypassed with minimal impact.
  • Minor (low): Equipment whose failure has little to no effect on overall performance. 
What is an equipment criticality matrix or index?
An equipment criticality matrix or index is a tool used to assess and categorize equipment based on various factors such as impact on production, safety, and cost. The matrix visually maps assets in a grid or table to identify their level of criticality and prioritize maintenance efforts.
What is an equipment criticality assessment?
An equipment criticality assessment is a process where the importance of each piece of equipment is evaluated based on its impact on operations, safety, and cost. This assessment helps determine which assets are essential for business continuity and need to be prioritized in terms of maintenance and replacement.
What factors are considered in equipment criticality assessments?

Key factors include: 

  • Impact on production: How essential the equipment is to ongoing operations.
  • Safety risks: The potential harm to workers or the environment in case of failure.
  • Repair or replacement cost: The financial impact of downtime or repairing the equipment.
  • Availability of spares: The ease of getting replacement parts if the equipment fails.
  • Historical performance and reliability: How often the equipment breaks down and its maintenance history. 
What are the benefits of combining an equipment criticality rating chart with your EAM?
Integrating a criticality rating chart with your Enterprise Asset Management (EAM) system allows you to automate the prioritization of maintenance tasks. It improves decision-making by aligning maintenance efforts with the most critical equipment, leading to reduced downtime, optimized resources, and enhanced operational efficiency.
How to perform a criticality analysis?

To perform a criticality analysis, follow these steps: 

  • List all equipment and categorize them based on function and importance.
  • Evaluate each asset's impact on safety, production, and cost.
  • Assign criticality scores based on predefined factors.
  • Rank equipment and create a criticality matrix to visualize priorities.
  • Continuously review and update the analysis as equipment conditions and business priorities evolve. 
Who is responsible for criticality analysis?
Typically, a cross-functional team is responsible for criticality analysis, including maintenance engineers, operations managers, safety officers, and sometimes finance personnel. The team collaboratively evaluates equipment based on operational needs and risk factors, ensuring the analysis aligns with business goals.
How can Prometheus group help with equipment criticality ranking?
Prometheus Group can assist in equipment criticality ranking by providing expert consulting services, tools, and methodologies to evaluate, prioritize, and manage asset reliability. They offer software solutions that integrate criticality analysis with other maintenance strategies, helping businesses improve asset performance and reduce downtime.
What are common criticality analysis mistakes to avoid?

Some common mistakes include:

  • Overlooking safety considerations: Failing to prioritize equipment that poses safety risks can lead to accidents.
  • Inconsistent scoring: Using subjective or inconsistent criteria for ranking criticality can cause confusion and misallocation of resources.
  • Not updating the analysis: Equipment and operational priorities change over time, so criticality ratings must be reviewed and updated regularly to remain accurate and effective. 

     

 

Last Updated: February 6, 2025

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