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2024/25 Taught Postgraduate Module Catalogue

CIVE5941M Whole Life Asset Management

15 creditsClass Size: 70

Module manager: Krisen Moodley
Email: k.moodley@leeds.ac.uk

Taught: Semester 2 (Jan to Jun) View Timetable

Year running 2024/25

Pre-requisite qualifications

A bachelor degree with a 2:1 (hons) or equivalent in civil engineering or a related subject.

This module is not approved as an Elective

Module summary

The module aims to develop an understanding of the whole life management of infrastructure assets. It sets out how the context of an organisation influences infrastructure choices. It examines how business strategy translates to infrastructure choices and infrastructure strategy. The relationship between risk, cost, value and performance is evaluated over the whole-life of an asset. An understanding of the interaction between new capital investment and existing assets is also developed.

Objectives

The module aims to develop an understand the process of whole life asset management. Evaluate and apply tools and techniques of physical asset management to develop a SAMP. Develops a critical appreciation of whole life management concepts for delivering value in infrastructure asset management in Opex and Capex terms. Analyse the relationship between risk, cost, value and performance in terms of whole-life infrastructure asset decision-making.

Learning outcomes
On successful completion of the module students will have demonstrated the following learning outcomes relevant to the subject:
1. Understand the process of whole life asset management (CIOB Learning Outcome B)
2. Evaluate and apply of tools and techniques of physical asset management to develop a SAMP. (CIOB Learning Outcomes D, F)
3. A critical appreciation of the implications of whole life management concepts for delivering value in infrastructure asset management in Opex and Capex terms (CIOB Learning Outcomes F, G)
4. Analyse the relationship between risk, cost, value and performance in terms of whole-life infrastructure asset decision-making. (CIOB Learning Outcomes J, K)

Skills learning outcomes
On successful completion of the module students will have demonstrated the following skills learning outcomes:

Sustainability

a. Sustainability -an understanding of management and business practices related to whole-life management of infrastructure and the organisations that operate them. At the core of this understanding is sustainability.

Enterprise

b. Enterprise – an understanding of economic, cultural, technical context of infrastructure owning organisations.

Academic

c. Academic – evaluate whole-life management theories associated with physical infrastructure.

Technical

d. Technical – application of risk, cash-flow and programming. The ability to develop a structured approach to delivery of whole-life management.


Syllabus

Syllabus
* Assets, Infrastructure and Organisation strategy.
* The concept of whole life management (WLM).
* The key components of asset management, SAMP, AMP, Implementation, Operations, Renewal and Disposal.
* Relationships between Capital Investment, Maintenance, Renewal and Disposal.
* Asset Risk, Vulnerability and Criticality
* Value and risk compromises in whole life management - OPEX and CAPEX considerations
* The Asset Management process, tools and techniques for WLM. Life-cycle assessment and CBA
* Technical and managerial issues in WLM - Introduction to ISO 55000 and related guidelines

Methods of Assessment

We are currently refreshing our modules to make sure students have the best possible experience. Full assessment details for this module are not available before the start of the academic year, at which time details of the assessment(s) will be provided.

Assessment for this module will consist of;

1 x Coursework
1 x In class test

Teaching methods

Delivery typeNumberLength hoursStudent hours
Lectures112.0022.00
seminars61.006.00
Independent online learning hours50.00
Private study hours72.00
Total Contact hours28.00
Total hours (100hr per 10 credits)150.00

Opportunities for Formative Feedback

Outline plans for coursework to be submitted as a formative exercise.

Methods of assessment


Coursework
Assessment typeNotes% of formal assessment
AssignmentCoursework100.00
Total percentage (Assessment Coursework)100.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

The reading list is available from the Library website

Last updated: 20/11/2024 14:27:45

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