Offered
Gippsland First semester 2008 (Off-campus)
United States of America First semester 2008 (Off-campus)
Synopsis
Introduction to asset management and terotechnology. Application of terotechnological techniques to increase profitability. Life cycle costs and the costs of ownership; assets as the profit generators; impact of maintenance on profitability. Maintenance budgets and cost control. Terotechnological aspects of engineering economics and accountancy. Terotechnology and maintenance performance ratios. Introduction to asset purchase/ replacement policies and those techniques concerned with economic decisions to buy or replace major units of plant. Design/redesign of plant to improve maintainability and reduce life cycle costs; design maintenance techniques.
Assessment
Assignments: 50%
Examination: 50%. Students are required to pass both components to pass the unit.
Contact hours
150 hours study
