Postgraduate - UnitMRE5005 - Quantitative techniques for asset management

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

Introduction to the techniques applicable to the analysis of feedback data obtained in the maintenance planning system, statistical techniques applied to maintenance activities, the need for data analysis, methods of presenting analysed data. Weibull analysis. Pareto Curves. Mathematical modelling of maintenance data. Monte Carlo simulation. Queuing theory. Determining optimum frequencies for fixed-time maintenance activities/shutdowns. Reliability and application of reliability data. Introduction to risk analysis.

Assessment

Assignments: 50%, Examination: 50%.

Students are required to achieve at least 45% in the total continuous assessment component (assignments, tests, mid-semester exams, laboratory reports) and at least 45% in the final examination component and an overall mark of 50% to achieve a pass grade in the unit. Students failing to achieve this requirement will be given a maximum of 45% in the unit.

Chief examiner(s)

Assoc Prof Yousef Ibrahim; Dr Indra Gunawan

Contact hours

150 hours

Prohibitions

MRE5101 (masters only)