Definitions, Concepts and Scope of Engineering Asset Management

Abstract

Physical plant assets are tending to remain in service for beyond their design lifetime. Arguably, a greater professional input is needed into the maintenance and reliability engineering of these assets, yet few universities, if any, offer such content in undergraduate engineering degrees. Accordingly, postgraduate programs have been developed. Those offered by off campus learning are more likely to meet the needs of engineers, many of whom work remote from the possibility of regular attendance on a campus. In over 25 years since their inception, hundreds of engineers and other technical professionals have completed the Monash University programs. These have continued to evolve, and take appropriate advantage of advances in learning technology. This paper describes the development and lessons learnt during the Monash experience. © Springer 2010.