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Glossary

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Term

Definition

asset

Any element in the level below the organization. An asset can be either a structuring or a production element. See Structuring and production assets.

cashflow

Asset domain in which you can upload and manage all of your bank transactions. See Cashflow.

categories

Administration domain with predefined classifications you can use to sort individual bank transactions based on their nature, such as taxes, operational expenses, capital expenses, etc. See Cashflow categories.

conceptual stage

Project phase of a production asset in which it is evaluated whether it is worthwhile to turn it into a fully-fledged asset of the portfolio. Operations in this stage are restricted. See Conceptual stage for production assets.

contact

Asset domain which includes operations and maintenance teams, banks, and other individuals involved in the daily operations of your assets who may not use the platform. See Contacts.

dashboard

Asset domain providing an overview of an asset or a group of assets that the user defines my means of various widgets. See Dashboard and widgets.

dashboard template

Administration domain where you create dashboard templates. For a dashboard view, you must first create a template, which can then be applied to any asset you choose. Any changes made to dashboard templates are propagated to all assets that use the template. See Dashboard templates.

financial model

Administration domain where you create financial models to represent a company's operations in the past, present, and forecasted future. Financial models are used for decision-making and financial analysis and are the basis for asset-specific forecasts. See Financial models.

forecast

Asset domain where you create asset-specific forecasts with your general financial models. See Forecasts.

intermediate calculation

Formula that may be used as a basis for other calculations but is not assigned to a cashflow category, and as such is not part of a forecast results on its own. It is an additional step in creating a calculation in a financial model.

Example

System size in MW: m2 * MWh/m2

mapped transaction

Bank transaction that has been categorized in the Cashflow domain.

notice period

Advance notification that one contractual party must provide to the other before terminating or making significant changes to the contractual relationship.

organization

The organization is the base for all your work in mc Assetpilot. It consolidates related assets, contacts, forecasts, documents, tasks, etc. The organization is the highest level on which evaluation is generated and actions can be carried out. The owner and the admins manage the organization and decide how it should be structured in terms of assets and sub-assets, etc.

parameter group

You must organize financial model’s parameters into groups that you define according to your needs. Parameter groups themselves are not used for calculations: they help you to find and enter real values for your parameters into your calculations later in the forecast. 

pricing scheme

Asset domain where you manage energy prices for a specific asset. With this you can automatically calculate the revenue of your energy production and the losses for each asset. Pricing schemes.

project’s lifetime

The earliest start and latest end date of all the project phases you define in a forecast.

reports

Asset domain where you create written account of your management activities and the asset’s performance based on data already used in your dashboard templates. See Reports and report templates.

tag

Keyword, term, or label that you can assign to a piece of information and that will help you to find relevant information when searching. See Tags for optimized search.

task

Asset domain where you create tasks for your team. Tasks are any job that needs to be carried out for asset management. In the asset manager role, you can assign work and set deadlines for yourself and team members.

transaction

A bank transaction. Transactions are mapped to categories, which are used to compare them with your forecasts.

transaction, unmapped

A bank transaction that has not yet been mapped to a category.

widget

A small application or component of a dashboard that enables you to view data in a specific way. See Dashboard and widgets.






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