ENMM20024 - Asset Management Systems

General Information

Unit Synopsis

This unit will introduce you to asset management concepts and systems meeting Asset Management Standard ISO5000 requirements. The assets referred to are physical assets such as fixed and mobile plant, machinery and infrastructure used in asset-intensive industries. You will learn how organisations manage their assets and asset systems and provide examples of financial concepts and techniques used in asset management. You will identify asset management functions and develop a life cycle plan for an asset in an organisation, as well as apply financial principles in an asset management context. You will also consider the key risks associated with assets.


Level Postgraduate
Unit Level 8
Credit Points 6
Student Contribution Band SCA Band 2
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites Pre-requisite: ENMM 20023 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).

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 2 - 2023

Term 2 - 2023 Profile
Term 1 - 2024 Profile
Term 2 - 2024 Profile

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).

Assessment Overview

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.

Assessment Tasks

Assessment Task Weighting
1. Written Assessment 30%
2. Written Assessment 40%
3. Written Assessment 30%

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

Past Exams

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Previous Feedback

Term 1 - 2020 : The overall satisfaction for students in the last offering of this course was 4.4 (on a 5 point Likert scale), based on a 28.89% response rate.

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.

Source: Student emails
Adequate number of textbook copies should be available in the library.
A request will be sent to the library for procuring extra copies.
Action Taken
The library has acquired online access to the PDF version of the textbook in its database.
Source: Student email
Assignment requirements needs to be clear.
The lecturer will be informed to explain the assignment requirements in the first Zoom session at an early stage.
Action Taken
The lecturer conducted an early class and explained the requirements of the assignment.
Source: Have Your Say
The contents are relevant to my workplace and desired career path.
The content will be kept up to date by the lecturer.
Action Taken
Source: Have Your Say
The feedback on submitted assignments is great and helped me to learn.
The feedback will be given in a timely manner and in detail.
Action Taken
Source: Have Your Say
The timeliness of assignment grading. Bare minimal feedback is provided on assignments and one could not understand where marks were lost or how improvements could be made.
The lecturer will be advised to review the marking rubric and to give detailed feedback on the marked assignment.
Action Taken
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Identify and discuss asset management functions.
  2. Develop a life cycle plan for an asset in an organization supported by information and data management plan.
  3. Apply financial concepts and techniques in an asset intense organization through a financial management plan (for assets).
  4. Identify and analyze the key risks associated with assets in an assets intense organization.
  5. Demonstrate effective leadership with senior management team in developing the Strategic Asset Management Plan (SAMP) applicable for your organization.


Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4 5
1 - Written Assessment
2 - Written Assessment
3 - Written Assessment
Alignment of Graduate Attributes to Learning Outcomes
Advanced Level
Professional Level
Graduate Attributes Learning Outcomes
1 2 3 4 5
1 - Knowledge
2 - Communication
3 - Cognitive, technical and creative skills
4 - Research
5 - Self-management
6 - Ethical and Professional Responsibility
7 - Leadership
Alignment of Assessment Tasks to Graduate Attributes
Advanced Level
Professional Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8