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Repair vs Replace

A decision aid comparing repair with replacement over the asset’s life.

Overview

The analysis weighs cost, health and remaining life and produces a recommendation with its reasoning. It also supports a replacement plan and an investment plan optimised by NPV and benefit-cost ratio.

Repair vs Replace in the Fixed Assets module.

When to use repair vs replace

  • A costly repair is proposed.

Step by step

In Assets, open AI → Decide → Repair vs Replace.

Permissions

These permission keys control access (granted to roles in Administration → Roles & Permissions):

  • assets.ai.use

Automation

  • Changes on this screen are written to the asset audit trail and the asset timeline.