PDC165251 - Basic Asset Management Principles

Version Effective: 28th of February, 2025
Details

Microcredential Summary

Asset Management Principles will equip you with relevant skills to understand asset management key concepts and the benefits to be accrued from applying the foundations in physical asset organisations. Throughout the micro-credential you will explore the principles of asset management relevant today, review frameworks and standards in asset management, and reflect on the financial considerations, asset-based risk management, tools and software applicable to multiple industries. You will engage with the content through practical examples and case studies you can apply in a workplace setting. 

This micro-credential is suitable for person across a number of industries including engineers, accountants, managers, supervisors, and asset management staff. 

This online micro-credential provides a non-creditable micro-credential and digital badge which can be shared to your social networks and displayed in your professional portfolio.

Our micro-credentials are aligned to the United Nations Sustainable Development Goals.

What is a Digital Badge?

Requirements - To Be Eligible

For your application to be considered, you must meet the following entry requirements.

Entry Requirements

Our short courses and micro-credentials are available for anyone to access. You do not have to be a CQUniversity student. 

There are no specific entry requirements.

Undertaking this micro-credential enables students to meet their continuing professional development obligations and industry update requirements in their profession. 

Upon successful completion of the micro-credential, students will be awarded continuing professional development (CPD) hours, a digital badge and a downloadable certificate of completion.

Course Details

Course Type Internal
Student Availability
  • Domestic
  • International
Fees
No data available.
Application Mode
  • Other
How to Apply
  1. Once you have selected your desired micro-credential, you can now add it to your shopping cart to enable you to purchase more than one "course" in a single transaction.
  2. Once you have added all the micro-credentials you wish to purchase, you will be directed to the payment gateway and will be asked to "authenticate" your account on our Learning Management System Be Different.  
    • If you are an existing CPD student, please use sign in options used to access CPD micro-credential courses in Be Different.
    • If you are a new student to CPD, please select option “Don’t have an account?” Sign up now and follow the prompts to create a new account.
  3. After successful authentication, you will be redirected to the CQUniversity secure payment gateway. Please add your payment details to complete the transaction.
  4. Following a successful payment, you will automatically be redirected to the course in the Learning Management System Be Different where you will find your selection of micro-credentials on your Dashboard. 
Study Area
  • Business, Accounting and Law
  • Engineering and Built Environment
  • Work and Study Preparation
  • Mining and Energy
  • Transport and Safety Sciences
Skill Area
  • Business Services
  • General Education and Training
  • Information Technology
  • Mining
  • Utilities
  • Safety

Admission Codes

Domestic Students
Tertiary Admission Centre Codes (TAC) Codes 		Not Applicable
International Students
CRICOS Codes 		Not Applicable

Student Outcomes, Career Opportunities and Occupations

Undertaking this micro-credential enables students to meet their Continuing Professional Development obligations and industry update requirements in their profession. 

Upon successful completion of the micro-credential, students will be awarded continuing professional development (CPD) hours, a digital badge and can download a certificate of completion.

Structure
Micro-credential

10 hours self-paced study

  • Online

Assessment Information

Assessment Types
Online Quiz(zes)
Learning Outcomes

On successful completion of this micro-credential, you will be able to: 

  1. Understand and apply asset management and principles in the workplace
  2. Comprehend asset management strategies, policy and plans as they relate to your organisation
  3. Apply basic financial skills in asset infrastructure management
  4. Understand and use key international standards and frameworks governing organisation asset management in your organisation
  5. Recognise and mitigate risks in asset management and understand the importance of asset data and performance techniques, tools and software to solve physical asset sustainability issues.

Award

Digital Badge via Credly.

Students can also download a Certificate of Completion, share to social media or add to a professional portfolio. 

More Details