Maximo Fundamentals – Course 1: Assets Module

Learn how accurate asset records in IBM Maximo reduce downtime, save spare-part costs, and how they can help you know when to repair vs. replace. In this session Danny shows the must-have fields and practices for reliable Asset Management.

Maximo Fundamentals – Course 1: Assets Module
Video Chapter Breakdown

00:00:00 Intro — Why assets are the heart of Maximo
00:01:30 Asset details — asset number, site, serials, key fields
00:02:24 Calibration — why calibration matters & note: included in Maximo Manage
00:02:53 Locations — location hierarchy, best practices, moved assets
00:06:55 Meters — meter tracking and meter-triggered PMs
00:08:09 Cost info — purchase date, warranty, purchase price, YTD/total cost
00:09:51 Spare parts / BOMs — spare parts tab, building lists, issuing-to-assets tip
00:14:11 Attachments — drawings, manuals, warranties, maintenance docs

Would you like to use this training video for free in your organization? Contact me at: [email protected] for a downloadable version to use in Sharepoint or your own LMS.

Accurate asset records are the foundation of Maximo. Whether you’re a technician entering data, a maintenance manager trying to reduce repeat failures, or an executive evaluating Maximo for your facility—your results depend on how well your assets are set up.

In this video, I walk through the core elements of the Asset application in Maximo and explain how each field affects planning, work orders, inventory, and long-term decision making. No shortcuts, no advanced add-ons—just the basics every organization needs to run Maximo the right way.

What you’ll learn:
What information should be included on an asset
How locations and hierarchy improve troubleshooting
Why meters matter and when they should be used
How warranty, purchase info, and install dates support decisions
The role of spare parts (BOM) in reducing delays and emergency work
Why classifications, specs, and attachments improve consistency
How reliable asset data supports maintenance, planning, and budgeting

These are the fundamentals that help maintenance teams communicate clearly, help planners plan work accurately, and help leadership understand what assets really cost to operate.

If you’re considering Maximo, new to Maximo, or trying to strengthen your current setup, this walkthrough will give you a clear picture of what “good asset data” looks like.

#IBMMaximo #Maintenance #AssetManagement #CMMS #Reliability #MaximoTraining