James Cook University Subject Handbook - 2024

EG5220 - Advanced Asset Management and Reliability

Subject Description

Review of sustainable practices of asset management; industrial-scale spare parts and warehouse management; life-cycle cost analysis of equipment; modern software-based maintenance management systems; engagement with asset management and reliability standards; modern failure mode and root cause analysis; reliability centred maintenance; equipment integrity and system environment condition monitoring.

Learning Outcomes

• apply reliability engineering principles and methods to support asset management decision making
• apply advanced asset management concepts, techniques and strategies to enhance industrial sustainability
• demonstrate advanced management considerations and design implementations of decisions relating to machine maintenance, interaction with the workforce, and asset turnover

Subject Assessment

• Written > Examination (centrally administered) - (40%) - Individual
• Written > Test/Quiz 1 - (10%) - Individual
• Written > Technical report - (40%) - Individual
• Written > Test/Quiz 2 - (10%) - Individual

Note that minor variations might occur due to the continuous subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.

Availabilities