Functional Locations
A functional location represents the area at which a piece of equipment can be installed. Functional location represents a place in which a maintenance task has to be performed.Structuring the maintenance hierarchy of assets is very much necessary for the organization. Functional locations are created in hierarchical structures and thus allow a functional or process-oriented structuring of your systems.
Location is used to represent actual geo-physical locations. Every location that is not associated with any functionality can be represented using a lightweight object - Locations. For example, India, EMEA, and so on.
Functional location is an area where equipment and other functional locations can be installed. It is helpful to understand the history of what happened there and the ability to capture functional requirements or impose any specific restrictions.
For example, compressor station in located at building ABC where one can install 2 motors and this station should operate at the given temperature. Here there is functional requirement and also mentions only 2 motors can be installed. If one of the motors breakdown and gets replaced, then functional location will still be same and helps us to understand what happened there, what is the maintenance cost, and so on.