Asset Management (5 cr)

Evaluation scale

0-5

Objective

The students identify the factors affecting the performance of the assets in different types of production plants during the life cycle of assets and can take these factors into account when making decisions. The students understand the role of the sourcing as part of the asset management. The students master the basics of the life cycle calculations and their utilization in investment projects. They understand the connections between maintenance strategies and economy. The students can take into account the cost factors during the life cycle and can analyze and develop the operations based on them. The students identify the change management methods in the development of the life cycle management

Content

Strategies. Capacity management. Lice cycle and life span. Asset management. Performanace management. LCC&LCP. Sustainable development. Information management. Project work.

Materials

Will be described inside the learning environment following the course description.

Teaching methods

Lectures
Small group learning
Learning tasks

Employer connections

Possibly visiting lecturers

Exam schedules

No exam included

Completion alternatives

The admission procedures are described in the degree rule and the study guide. The teacher of the course will give you more information on possible specific course practices.

Student workload

One credit corresponds to an average of 27 hours of work, which means that the load of five credits is approximately 135 hours. The load is distributed in different ways depending on the course implementation.

Assessment criteria, satisfactory (1)

Sufficient (1):The student masters the basic knowledge and skills covered by the course.

Satisfactory (2): The student knows the principles of asset management and has a limited ability to apply the learned methods.

Assessment criteria, good (3)

Good (3): The student masters the essential content of the course and is able to apply it.

Very good (4): The student masters the essential content of the course and is able to utilize the learned methods extensively and fairly. He is also able to compare the different methods with each other.

Assessment criteria, excellent (5)

Excellent (5): The student masters the essential concepts and methods of asset management and is able to apply them in a critical and innovative manner in developing the challenges created by one's duty.

Qualifications

Technical background

Further information

Avoin AMK: 20