This unit will provide you with an introduction and overview of the functions and processes of project management that are used by owners and operators of large assets. Large assets may be fixed items such as mines, manufacturing and process plants, or may be linear assets such as railways, roads, power and telephone networks. These assets may be owned by governments, such as schools, universities and hospitals or they may be owned privately, such as office buildings, sugar mills and aircraft. Large assets may also be tangible such as a hospital or a mine, but they can also be less tangible, such as software or managed services. By aspiring to work for organisations with these kinds of assets, you will investigate, study and describe key project process related to the identification, justification and selection of projects for defining, designing, building and maintaining large assets. In addition, you will explore different project and program contracts for operational and non-operational work undertaken in-house and through external sub-contractors. You will learn the means by which asset rich organisations estimate, finance and budget projects, then how they manage and organise bids, project teams, safety, quality, claims and undertake governance processes throughout their projects. Your study concludes by looking at the closure or project phases of the project, hand-over and warranty arrangements.

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 Students' evaluation

The weekly portfolios are great ways of reflecting on the learning and knowledge gained throughout the unit.

Weekly portfolios as examples of reflective practice greatly contribute to students' learning and achievement of unit learning outcomes. It is recommended to further refine the content and required workload of 'consolidated portfolio' assessment.

Feedback from Students' evaluation

The written assessment provides a holistic view of project work in a large asset environment. However, more instructions and guidelines on how to put forward the assessment work would reduce the time spent in preparing it.

Review the content and marking criteria to bring further clarity to the assessment tasks.