PSAMS has developed a state of the art Electrical Equipment Risk Assessment Software. A brief review of the Software is presented below:
Comprehensive Asset Risk Assessment System (CARAS) Software
PSAMS has developed the CARAS Software that can be deployed on company’s Enterprise Resource Planning Platform such as SAP or JDE. A brief review of the software is presented below:
Applications of CARAS – Risk Assessment Tool
- Computation of individual asset/equipment risk & composite sub-station risk to guide asset management decision process.
- Provide a tool that allows for operational, maintenance and replacement expenditures to be prioritized where they will bring best value.
CARAS Tool & Integrated Utility System for Risk-based AM

CARAS Risk Computation Methodology

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