Overview
This unit provides an introduction to asset management within an organisation. You will evaluate organisational structure that supports asset maintenance and management. You will compare different asset management principles and work processes to develop a rudimentary organisational structure that meets the regulatory requirements for asset maintenance and management. You will also research and evaluate changes in organisation’s asset management principles driven by market trends, the industry and regulatory environment including contracting strategies.
Details
Pre-requisites or Co-requisites
Prerequisite: ENMM20023 Introduction to Asset and Maintenance Management
Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).
Offerings For Term 2 - 2023
Attendance Requirements
All on-campus students are expected to attend scheduled classes - in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).
Recommended Student Time Commitment
Each 6-credit Postgraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.
Class Timetable
Assessment Overview
Assessment Grading
This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of 'pass' in order to pass the unit. If any 'pass/fail' tasks are shown in the table above they must also be completed successfully ('pass' grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the 'assessment task' section (note that in some instances, the minimum mark for a task may be greater than 50%). Consult the University's Grades and Results Policy for more details of interim results and final grades.
All University policies are available on the CQUniversity Policy site.
You may wish to view these policies:
- Grades and Results Policy
- Assessment Policy and Procedure (Higher Education Coursework)
- Review of Grade Procedure
- Student Academic Integrity Policy and Procedure
- Monitoring Academic Progress (MAP) Policy and Procedure - Domestic Students
- Monitoring Academic Progress (MAP) Policy and Procedure - International Students
- Student Refund and Credit Balance Policy and Procedure
- Student Feedback - Compliments and Complaints Policy and Procedure
- Information and Communications Technology Acceptable Use Policy and Procedure
This list is not an exhaustive list of all University policies. The full list of University policies are available on the CQUniversity Policy site.
Feedback, Recommendations and Responses
Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.
Feedback from Have your say
The slides were a very high standard of presentation although some student did themselves lost in subject material at times.
Keep the PowerPoint presentations at high standard and relevant. Students are encouraged to connect with the lecturer and tap into other resources, but we’ll also keep a closer eye on their Moodle engagement to proactively spot and address any issues.
Feedback from Have your say
Unit is achievable but difficult for students that aren't employed directly in the mining/process industry with complex structures.
Alongside the existing weekly materials covering various industries, the teaching team will keep sourcing and sharing case studies from different sectors, bringing in examples that resonate with the student group for class discussions.
Feedback from Have your say
Great subject, overall satisfied with the learnings and look forward to using the knowledge in the field. Very appreciative of the effort to bring in speakers from different industries, really found this valuable. also, very appreciative of the subject understanding students work life and moving assignment 3 to the Monday. For entire course feedback, all assignments should be due on Mondays due to students working full time.
The teaching team will keep bringing in industry guest speakers and take students’ workloads into account when planning assessment deadlines. We’ll also continue tracking how well these changes (assessment scheduling and the use of diverse case studies) are working in future terms. These points and their impact on students’ experience and learning outcomes will be reviewed in the next AUER cycle.
- Compare an organisation’s asset management principles with industry best practices to develop a risk management plan
- Identify and communicate asset management practices to meet the needs of an organisation
- Evaluate organisational structure to support asset management
- Research and evaluate changes in organisation’s asset management principles driven by market trends, the industry and regulatory environment including contracting strategies
- Develop a rudimentary organisational structure for asset management to meet the regulatory requirements, through an Occupational Health & Safety (OHS) plan
- Reflect on your role within your organisation and identify ways in which you can develop your professional network as outlined in a Human Resources Management Plan.
N/A
Alignment of Assessment Tasks to Learning Outcomes
| Assessment Tasks | Learning Outcomes | |||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | |
| 1 - Written Assessment - 30% | ||||||
| 2 - Written Assessment - 30% | ||||||
| 3 - Written Assessment - 40% | ||||||
Alignment of Graduate Attributes to Learning Outcomes
| Graduate Attributes | Learning Outcomes | |||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | |
| 1 - Knowledge | ||||||
| 2 - Communication | ||||||
| 3 - Cognitive, technical and creative skills | ||||||
| 4 - Research | ||||||
| 5 - Self-management | ||||||
| 6 - Ethical and Professional Responsibility | ||||||
| 7 - Leadership | ||||||
| 8 - Aboriginal and Torres Strait Islander Cultures | ||||||
Textbooks
There are no required textbooks.
IT Resources
- CQUniversity Student Email
- Internet
- Unit Website (Moodle)
All submissions for this unit must use the referencing style: Harvard (author-date)
For further information, see the Assessment Tasks.
a.daemi@cqu.edu.au
Module/Topic
Chapter
Self-study#1
Week 1 eReading
Events and Submissions/Topic
In Tutorial 1, the tutor will explain the requirements for Assignment 1.
Module/Topic
Chapter
Self-study#2
Week 2 eReading
Events and Submissions/Topic
Tutorial 2
Quiz 2
General Discussion Forum on the weekly video
Module/Topic
Chapter
Self-study#3
Week 3 eReading
Events and Submissions/Topic
Tutorial 3
Quiz 3
General Discussion Forum on the weekly video
Module/Topic
Human Resource Management Concepts
Human Resource Management Plan
Chapter
Self-study#4
Week 4 eReading
Case Study: Diagnosing Maintenance System Problems: Theory and a Case Study
Events and Submissions/Topic
Tutorial 4
Quiz 4
General Discussion Forum on the weekly video
General Discussion Forum on Week 4 Case Study
Module/Topic
Chapter
Self-study#5
Week 5 eReading
Case study: 40-year life cycle outlook for building assets
Case study: RMIT property services accelerated journey to ISO55001 case
Events and Submissions/Topic
Tutorial 5
Quiz 5
General Discussion Forum on the weekly video
General Discussion Forum on Week 5 Case Studies
Module/Topic
NO LECTURE OR TUTORIAL CLASSES
Chapter
Events and Submissions/Topic
Vacation Week
Module/Topic
Stakeholders Management Plan
Maintenance Organisations
Chapter
Self-study#6
Week 6 eReading
Case study: Sustainable asset management: a case study of drought-time water usage in South-East Queensland
Events and Submissions/Topic
Tutorial 6
Quiz 6
General Discussion Forum on the weekly video
General Discussion Forum on Week 6 Case Study
Assignment 1: Human Resource Management Plan; Due: Friday Week 6
Assignment 1: Human Resource Management Plan Due: Week 6 Friday (25 Aug 2023) 11:55 pm AEST
Module/Topic
Occupational Health and Safety Plan
Chapter
Self-study#7
Week 7 eReading
Case study: How an ISO55001-certified Management System transformed the approach to gas safety management
Events and Submissions/Topic
Tutorial 7
Quiz 7
General Discussion Forum on the weekly video
General Discussion Forum on Week 7 Case Study
In Tutorial 7, the tutor will explain the requirements for Assignment 2.
Module/Topic
Risk and Risk Management Concepts
Chapter
Self-study#8
Week 8 eReading
Events and Submissions/Topic
Tutorial 8
Quiz 8
General Discussion Forum on the weekly video
Module/Topic
Chapter
Self-study#9
Week 9 eReading
Case Study: Data-driven portfolio risk assessments transform asset management decision-making at Water Corporation
Events and Submissions/Topic
Tutorial 9
Quiz 9
General Discussion Forum on the weekly video
General Discussion Forum on Week 9 Case Study
Assignment 2: Stakeholders Management and OH&S Plans; Due: Friday Week 9
Assignment 2: Stakeholders Management and OH&S Plans Due: Week 9 Friday (15 Sept 2023) 11:55 pm AEST
Module/Topic
Maintenance Resource Structure
Chapter
Self-study#10
Week 10 eReading
Events and Submissions/Topic
Tutorial 10
Quiz 10
General Discussion Forum on the weekly video
In Tutorial 10, the tutor will explain the requirements for Assignment 3.
Module/Topic
Chapter
Self-study#11
Week 11 eReading
Events and Submissions/Topic
Tutorial 11
Quiz 11
General Discussion Forum on the weekly video
Module/Topic
Revision of Week 1-11 materials
Chapter
Events and Submissions/Topic
Unit Survey
Assignment 3: Risk and Contingency Management Plan; Due: Friday Week 12
Assignment 3: Risk and Contingency Management Plan (Report, PPT and Video) Due: Week 12 Friday (6 Oct 2023) 11:55 pm AEST
Module/Topic
Chapter
Events and Submissions/Topic
Module/Topic
Chapter
Events and Submissions/Topic
1 Written Assessment
This assignment is about your chosen company's asset management organisation and how the human resources are organised. Here you will tell us about your own asset management organisation. The assignment will cover materials from the topics covered in weeks 1-5. Detail requirements will be discussed in classes. Your answer to this assignment may be unique, but expected major contents include the relevant regulatory requirements, asset management and OH&S roles and responsibilities, reflection on the assigned roles and responsibilities, methods for expanding your professional network, evaluation of your organisation’s structure, and references (books, articles, interviews, and other sources).
Week 6 Friday (25 Aug 2023) 11:55 pm AEST
Week 8 Friday (8 Sept 2023)
- Demonstration of knowledge and comprehensive understanding (40%).
- Application of concept into real life situation and communicating with several published/unpublished sources (40%).
- Quality of presentation including neatness, appropriate use of figures and tables, clarity of expression including use of terminology, ease of reading, grammar and spelling, orderly and logical presentation, and use of diagrams/sketches for illustrations (10%).
- Evidence of research beyond own experiences and course materials (05%).
- Appropriate use of referencing (05%).
- Evaluate organisational structure to support asset management
- Develop a rudimentary organisational structure for asset management to meet the regulatory requirements, through an Occupational Health & Safety (OHS) plan
- Reflect on your role within your organisation and identify ways in which you can develop your professional network as outlined in a Human Resources Management Plan.
2 Written Assessment
In this assignment, you will develop management plans for an asset management organisation of your chosen company. This includes research, analysis and planning of your own asset management organisation. The assignment will cover materials from the topics covered from weeks 1-8. Detailed assessment requirements will be discussed in classes; however, significant parts of your answer to this assignment may include the stakeholders' management and communication plan, OH&S plan, analysis of contracting strategies, and references (books, articles, interviews, and other sources).
Week 9 Friday (15 Sept 2023) 11:55 pm AEST
Week 11 Friday (29 Sept 2023)
- Demonstration of knowledge and comprehensive understanding (40%).
- Application of concept into real life situation and communicating with several published/unpublished sources (40%).
- Quality of presentation including neatness, appropriate use of figures and tables, clarity of expression including use of terminology, ease of reading, grammar and spelling, orderly and logical presentation, and use of diagrams/sketches for illustrations (10%).
- Evidence of research beyond own experiences and course materials (05%).
- Appropriate use of referencing (05%).
- Compare an organisation’s asset management principles with industry best practices to develop a risk management plan
- Identify and communicate asset management practices to meet the needs of an organisation
- Research and evaluate changes in organisation’s asset management principles driven by market trends, the industry and regulatory environment including contracting strategies
- Reflect on your role within your organisation and identify ways in which you can develop your professional network as outlined in a Human Resources Management Plan.
3 Written Assessment
Assignment 3 has two parts: Part A – Report and the link to the presentation video (worth 30%) and Part B – a PowerPoint presentation and an 8-10 min presentation video. Altogether TWO (2) documents for uploading.
In the last assignment, you will apply the risk management concepts to your select asset management organisation. This will be achieved by analysing the organisation’s context and developing a risk and contingency management plan. In addition to the written report for this assessment, you will present your risk and contingency management plan in the agreed schedule with your tutor. The assignment will cover materials from the topics covered from weeks 1-11. You will receive further details about the assessment requirements in classes; however, significant parts of your answer to this assignment may include the application of risk management principles and framework to your selected asset management organisation, analysis of the different aspects of the organisation’s contractor management, asset risk and contingency management plan, analysis of the organisation’s structure, and references (books, articles, interviews, and other sources).
Week 12 Friday (6 Oct 2023) 11:55 pm AEST
Exam Week Friday (20 Oct 2023)
The expected return date is 3/11/2023
- Demonstration of knowledge and comprehensive understanding (40%).
- Application of concept into real life situation and communicating with several published/unpublished sources (40%).
- Quality of presentation including neatness, appropriate use of figures and tables, clarity of expression including use of terminology, ease of reading, grammar and spelling, orderly and logical presentation, and use of diagrams/sketches for illustrations (10%).
- Evidence of research beyond own experiences and course materials (05%).
- Appropriate use of referencing (05%).
- Compare an organisation’s asset management principles with industry best practices to develop a risk management plan
- Identify and communicate asset management practices to meet the needs of an organisation
- Evaluate organisational structure to support asset management
- Research and evaluate changes in organisation’s asset management principles driven by market trends, the industry and regulatory environment including contracting strategies
- Develop a rudimentary organisational structure for asset management to meet the regulatory requirements, through an Occupational Health & Safety (OHS) plan
As a CQUniversity student you are expected to act honestly in all aspects of your academic work.
Any assessable work undertaken or submitted for review or assessment must be your own work. Assessable work is any type of work you do to meet the assessment requirements in the unit, including draft work submitted for review and feedback and final work to be assessed.
When you use the ideas, words or data of others in your assessment, you must thoroughly and clearly acknowledge the source of this information by using the correct referencing style for your unit. Using others’ work without proper acknowledgement may be considered a form of intellectual dishonesty.
Participating honestly, respectfully, responsibly, and fairly in your university study ensures the CQUniversity qualification you earn will be valued as a true indication of your individual academic achievement and will continue to receive the respect and recognition it deserves.
As a student, you are responsible for reading and following CQUniversity’s policies, including the Student Academic Integrity Policy and Procedure. This policy sets out CQUniversity’s expectations of you to act with integrity, examples of academic integrity breaches to avoid, the processes used to address alleged breaches of academic integrity, and potential penalties.
What is a breach of academic integrity?
A breach of academic integrity includes but is not limited to plagiarism, self-plagiarism, collusion, cheating, contract cheating, and academic misconduct. The Student Academic Integrity Policy and Procedure defines what these terms mean and gives examples.
Why is academic integrity important?
A breach of academic integrity may result in one or more penalties, including suspension or even expulsion from the University. It can also have negative implications for student visas and future enrolment at CQUniversity or elsewhere. Students who engage in contract cheating also risk being blackmailed by contract cheating services.
Where can I get assistance?
For academic advice and guidance, the Academic Learning Centre (ALC) can support you in becoming confident in completing assessments with integrity and of high standard.
What can you do to act with integrity?
