UWA Handbook 2017

Unit details

GENG5801 Engineering Asset Management

Credit 6 points
  Offering
(see Timetable)
AvailabilityLocationMode
Not available in 2017UWA (Perth)Face to face
Content Engineering and infrastructure assets underpin the economy of Western Australia. How do we ensure delivery of sustainable organisational outcomes and, where appropriate, competitive advantage from using these assets? An asset management system supports the use of systematic and risk-based processes to decisions concerning the engineering assets of an organisation over the assets' life cycle. We learn about the elements of an asset management system and practices that are specific to asset management in a range of industries. The aim is to balance performance, risk and costs, and ensure assets deliver value to the organisation.
Outcomes Students are able to (1) identify the processes and activities that support delivery of organisational goals through asset management using the new ISO Asset Management Standard; (2) develop solutions that balance performance, risk and cost criteria; and (3) identify and assess risks to asset function and articulate the consequences of asset functional failure on the business.
Assessment Typically this unit is assessed in the following ways: (1) quiz questions; (2) a case study; and (3) a final examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s) Professor Melinda Hodkiewicz

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