PTE543 Life Cycle and Risk Management

[3–0, 3 cr.]

Framework, context and history of asset management, strategic management and engineered asset management in context. Application/adaptation of basic tools, costs and benefits of life cycle management, available models and standards. Possible uses of models business drivers, legal requirements, quality systems and configuration and documentation management, interfaces with other functions (departments and organizations).

 Prerequisite: PTE340 Financial Management of Engineered Assets.