Monash University Handbook 2011 Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

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%, Examinations: 50%
Students are required to pass both components to pass the unit.

Chief examiner(s)

Assoc Prof Yousef Ibrahim

Contact hours

150 hours of study