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About OCI Calculations

Condition inspections calculate the Overall Condition Index (OCI) for an asset. OCI is calculated for the date of the inspection. The minimum condition is used to calculate the asset’s failure point. Inspections should have data for every condition category with weights, impacts, and a performance curve.

There are two types of OCI calculations, Inspection and Estimated:

About Inspection OCI Calculations

Inspections calculate the Inspection OCI. The Inspection OCI is calculated for the date of the inspection. The inspection OCI is a weighted average of the inspection's condition category indexes. Inspections should have data for every condition category with weights.

About the Asset Estimated OCI Calculations

The estimated OCI for an asset is calculated by taking into account the asset's age, predicted performance, and inspections and tasks performed on the asset. Using this data, the estimated OCI for the asset is determined.

Assets should have an installed or replaced date, fall into a condition group and prediction group as well as have data for every condition category with weights, impacts, and a performance curve.

 

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