filmeu

Class Physical Asset Management

  • Presentation

    Presentation

    The aim of this subject is to provide students with an integrated overall view of concepts, techniques and strategies most common used in Asset Management. A decision support system for maintenance is presented in order to allow students to solve the main asset management problems and to help them making the best decisions.

  • Code

    Code

    ULHT6606-23872
  • Syllabus

    Syllabus

    1. Contextualization of physical assets management; policy and vision of the organization;
    2. Scope of Physical Assets Management: Financial; Physical spaces; Operational; Human Resources;
    3. Elements of the Asset Management System: General Requirements;
    4. Asset Management Policy and Strategy; Asset Management Information; Risk assessment and planning; Implementation and Operation;
    5. Control of maintenance management performance and performance indicators of Physical Assets;
    6. Organization of the Assets Park;
    7. Asset Acquisition and Replacement - Analysis and decision models;
    8. Life Cycle Cost (LCC versus Life Cycle Investment - LCI): Econometric models of life cycle analysis;
    9. Investment analysis versus life cycle analysis; Model of Support Decision in Physical Assets Management;
    10. Technological trends and obsolescence;
    11. Support standards for the Physical Assets Management: ISO 55000; ISO 55001; ISO 55002.
  • Objectives

    Objectives

    It is intended that students, at the end of this curricular unit, develop skills that allow them, in conceptual and practical, to understand the concepts related to the analysis, evaluation and management of physical assets taking into account the binomial replacement / profitability; identify and be able to use the major asset management and replacement models. Determine whether a major repair or technological upgrade is economically feasible and when equipment should be replaced in the economic perspective or in the perspective of technological obsolescence. Know performance evaluation techniques, cost models and indicative values ¿¿for different types of assets. Accounting for economic, financial, social and environmental costs. Know how to determine the designated benefits of an asset. To know the models of cost-benefit in time (life cycle), deterministic and of random character. Know the standards ISO 55000; ISO 55001; ISO 55002;

  • Teaching methodologies and assessment

    Teaching methodologies and assessment

    Methodology

    Active and deductive exposure methods supported by Power Point slide projection.

    Case resolution using practical examples.

    Practical work.

    Evaluation

    Continuous evaluation: Attendance, punctuality: 10% weight.

    Practical work: 30% weight.

    Frequency on various subjects: 60% weight.

    The student will pass the continuous assessment if the weighted average is 10 or higher.

    Final Exam:

    The student will pass if the exam result is 10 or higher.

  • References

    References

    • Farinha, J. M. T. (2018): Asset Maintenance Engineering Methodologies. CRC Press; 1 edition (May 29, 2018). English. Printed in USA. ISBN-10: 1138035890. ISBN-13: 978-1138035898
    • Farinha, J. M. T. (2011): Manutenção A Terologia e as Novas Ferramentas de Gestão. MONITOR, Lisboa, Portugal. ISBN 978-972-9413-82-7.
    • Farinha, J. M. T. (1997): Manutenção das Instalações e Equipamentos Hospitalares - Uma Abordagem Terológica, Livraria Minerva, Coimbra, 1997. ISBN: 972-8318-16-2.
    • Campbell, J.D.; Jardine, A.K.S.; McGlynn, J. Asset Management Excellence - Optimizing Equipment Life-Cycle Decisions, 2nd ed.; CRC Press: Boca Raton, FL, USA, 2011. ISBN: 978-0-8493-0324-1.
    • Hastings, A. J. H. Physical Asset Management - With an Introduction to ISO55000, 2nd ed.; Springer, ISBN 978-3-319-14776-5.
    • Assis, R. (2010): Apoio à decisão em manutenção na gestão de activos físicos. Lisboa: 1ª Edição, Lidel ? Edições técnicas, Lda.ISBN: 9789897521126.
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