Faculty of Engineering

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This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

Monash University

6 points, SCA Band 2, 0.125 EFTSL

Postgraduate - Unit

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




Dr Indra Gunawan




Asset operations optimisation (also called total productive maintenance), reliability driven maintenance (also called reliability centred maintenance), designing for operability and maintainability (including Hazops and the Bretby maintainability index analyses) and value methodology.


This unit will develop:

  • Knowledge of a number of asset management techniques that assist with the optimisation of asset performance and the minimisation of resources used and risk;
  • Appreciation of the application of these quantitative techniques to solving a variety of real-life asset management problems; and
  • Systematic ways of:
  • improving reliability, availability and maintainability
  • optimising asset performance

It will cover key areas of asset management requirements:

  • Strategy Development & Optimisation
  • Costing, Budget & Risk
  • Logistic & Inventory
  • Assets & Systems


4 project based assignments

Workload requirements

150 hours of study

See also Unit timetable information

Chief examiner(s)