ENG8104 Asset Management in an Engineering Environment
|Semester 1, 2013 On-campus Toowoomba|
|Faculty or Section :||Faculty of Engineering & Surveying|
|School or Department :||Faculty of Engineering & Surveying|
|Version produced :||21 July 2014|
Examiner: David Thorpe
Moderator: Ron Ayers
In the modern world we are living today, the highest expenditure for any government is the cost of infrastructure and maintenance, providing vital services for the community. This is a continuous process and the demand for quality design, construction and maintenance of infrastructure has become an essential requirement for all the governments throughout the world. Asset management in an engineering environment involves the total economic analysis of infrastructure for the total lifespan of the assets.
The aim of this course is to enhance the ability of technology managers in making better economical and financial decisions for the construction and maintenance of infrastructure assets. This course is designed to cover all aspects of Asset management applied to infrastructure. The students are guided through the historical development of asset management, the role of asset management in an engineering environment, development of strategic planning for asset management, economic management of assets including asset valuation, asset operations and maintenance, integrated asset management, and computer based asset management systems.
The course objectives define the student learning outcomes for a course. On completion of this course, students should be able to:
- demonstrate an understanding of the role of asset management;
- apply cost effective whole of life financial planning for engineering and technological assets;
- critically evaluate and apply options for asset replacement, rehabilitation or upgrading;
- evaluate and manage the application of computer based asset management systems.
|1.||Historical development of asset management||5.00|
|2.||Role of asset management in an engineering environment||5.00|
|3.||Development of strategic planning for asset management||10.00|
|4.||Asset performance requirements||5.00|
|5.||Asset management planning||5.00|
|6.||Asset management economics||15.00|
|7.||Asset operations, maintenance and renewal||15.00|
|8.||Integrated asset management||15.00|
|9.||Application of computer based asset management systems||20.00|
|10.||Emerging issues in asset management||5.00|
Text and materials required to be purchased or accessed
ALL textbooks and materials available to be purchased can be sourced from USQ's Online Bookshop (unless otherwise stated). (https://bookshop.usq.edu.au/bookweb/subject.cgi?year=2013&sem=01&subject1=ENG8104)
Please contact us for alternative purchase options from USQ Bookshop. (https://bookshop.usq.edu.au/contact/)
Hudson, WR, Haas, R & Uddin, W 1997, Infrastructure management: integrating design, construction, maintenance, rehabilitation, renovation, McGraw-Hill, New York.
Students will require access to e-mail and internet access to UConnect for this course.
Association of Local Government Engineering NZ Inc 2006, International infrastructure management manual, version 3.0, Wellington, New Zealand.
(Australia/New Zealand Edition.)
Haas, R, Hudson, WR & Zaniewski, J 1994, Modern pavement management, Krieger Publishing Company, Florida.
Hodges, NW 1996, The economic management of physical assets, Mechanical Engineering Publications Limited, St Edmunds, UK.
Queensland Department of Main Roads 2007, Road maintenance performance contract manual, Ver 5.5, Department of Transport and Main Roads, Brisbane.
(This is available online via the Library catalogue. (Vol 1).)
Various web sites will be cited in the more dynamic components of this course.
Student workload requirements
|Description||Marks out of||Wtg (%)||Due Date||Notes|
|ASSIGNMENT 1||500||50||26 Apr 2013|
|2 HOUR CLOSED EXAMINATION||500||50||End S1||(see note 1)|
- Student Administration will advise students of the dates of their examinations during the semester.
Important assessment information
It is the students' responsibility to attend and participate appropriately in all activities (such as lectures, tutorials, laboratories and practical work) scheduled for them, and to study all material provided to them or required to be accessed by them to maximise their chance of meeting the objectives of the course and to be informed of course-related activities and administration.
Requirements for students to complete each assessment item satisfactorily:
To satisfactorily complete an assessment item a student must achieve at least 50% of the marks or a grade of at least C-. Students do not have to satisfactorily complete each assessment item to be awarded a passing grade in this course. Refer to Statement 4 below for the requirements to receive a passing grade in this course.
Penalties for late submission of required work:
If students submit assignments after the due date without (prior) approval of the examiner then a penalty of 5% of the total marks gained by the student for the assignment may apply for each working day late up to ten working days at which time a mark of zero may be recorded. No assignments will be accepted after model answers have been posted.
Requirements for student to be awarded a passing grade in the course:
To be assured of receiving a passing grade in a course a student must obtain at least 50% of the total weighted marks for the course.
Method used to combine assessment results to attain final grade:
The final grades for students will be assigned on the basis of the weighted aggregate of the marks (or grades) obtained for each of the summative assessment items in the course.
In a Closed Examination, candidates are allowed to bring only writing and drawing instruments into the examination.
Examination period when Deferred/Supplementary examinations will be held:
Any Deferred or Supplementary examinations for this course will be held during the examination period at the end of the semester of the next offering of this course.
University Student Policies:
Students should read the USQ policies: Definitions, Assessment and Student Academic Misconduct to avoid actions which might contravene University policies and practices. These policies can be found at http://policy.usq.edu.au.
The due date for an assignment is the date by which a student must despatch the assignment to the USQ. The onus is on the student to provide proof of the despatch date, if requested by the Examiner.
Students must retain a copy of each item submitted for assessment. This must be despatched to USQ within 24 hours if required by the Examiner.
In accordance with University Policy, the Examiner may grant an extension of the due date of an assignment in extenuating circumstances.
If electronic submission of assessments is specified for the course, students will be notified of this in the course Introductory Book and on the USQ Study Desk. All required electronic submission must be made through the Assignment Drop Box located on the USQ Study Desk for the course, unless directed otherwise by the examiner of the course. The due date for an electronically submitted assessment is the date by which a student must electronically submit the assignment. The assignment files must be submitted by 11.55pm on the due date using USQ time (as displayed on the clock on the course home page; that is, Australian Eastern Standard Time).
If the method of assessment submission is by written, typed or printed paper-based media students should (i) submit to the Faculty Office for students enrolled in the course in the on-campus mode, or (ii) mail to the USQ for students enrolled in the course in the external mode. The due date for the assessment is the date by which a student must (i) submit the assessment for students enrolled in the on-campus mode, or (ii) mail the assessment for students enrolled in the external mode.
The Faculty will NOT normally accept submission of assessments by facsimile or email.
Students who do not have regular access to postal services for the submission of paper-based assessments, or regular access to Internet services for electronic submission, or are otherwise disadvantaged by these regulations may be given special consideration. They should contact the examiner of the course to negotiate such special arrangements prior to the submission date.
Harvard (AGPS) is the referencing system required in this course. Students should use Harvard (AGPS) style in their assignments to format details of the information sources they have cited in their work. The Harvard (AGPS) style to be used is defined by the USQ Library's referencing guide. http://www.usq.edu.au/library/referencing
Students will require access to e-mail and internet access to UConnect for this course.