Life Cycle Management of Industrial Assets – (M.Sc.)

Contents

The programme consists of following courses. We reserve the right to make changes in certain places. The main subject area is marked by *.

Year 1:

* Elective course 7.5 higher education credits (First or second level) The course selected should be within the areas of Engineering, Economics and Business Administration, Mathematics or Mathematical statistics and be in line with the main subject area of the programme. The course Asset Health Management I is normally selected.
* Asset Health Management II A1N, 7.5 higher education credits * The main theme is the identification of the most informative and effective system for preserving the health and functionality of machines and other assets. Utilising advanced techniques for the monitoring of operative states and conditions, the functionality of machinery can be assured. The course teaches methods for selecting the most effective system for monitoring the health of assets.
* Maintenance systems A1N, 15 higher education credits * The course describes different maintenance systems with regards to content, structure and function, and methods for control and followup of these systems in order to preserve high quality. The course also deals with the concept of maintenance auditing, i.e. the checking and verification of maintenance procedures by the means of national and international standards. Moreover, the course describes the maintenance organisation with its work tasks, roles and management, different methods involved in the structuring of a maintenance organisation and the interactions between maintenance and other functions within a company. Product quality, and financial and production efficiency are analysed from a maintenance perspective aligned to corporate strategic goals.
* Case study II A1F, 7.5 higher education credits * In this course the daily operations of a case study company are studied from a holistic maintenance perspective. The integration of different working areas and activities, with overlaps and gaps, suboptimisations and synergies, are described in technical, organisational and financial terms.
* Maintenance Data Management A1F, 15 higher education credits * The course covers basic data for operations and maintenance, the term data quality and the selection of relevant data for decisionmaking in general and for the creation of key performance indicators in particular. The course describes how operations and maintenance data are handled in IT systems, with an emphasis on technical and financial maintenance followup, for instance by means of indicators. Moreover, the course covers dimensioning of spare parts inventory, order handling and work order and inventory management with respect to maintenance material and spare parts. The course also covers the integration of relevant data by means of databases and how databases are utilised in manufacturing companies.

Year 2:

* Elective course 7.5 higher education credits (First or second level) The course selected should be within the subject areas of Engineering, Economics and Business Administration, Mathematics or Mathematical statistics and be in line with the main subject area of the programme.
* Research methodology A1N, 7.5 higher education credits * The course covers the theory of science and research methodologies in general and within the subject of Total Quality Maintenance, research and project planning, scientific writing according to requirements for international publishing, and scientific literature search.
* Risk management and Life Cycle Management A1F, 15 higher education credits* The course covers risk analysis, risk assessment, risk reduction/control and how these activities could be carried out for the management of a wide spectra of risks within industry, including risks for health, environment and assets. The course furthermore covers the life cycle of assets and analyses the total resource utilisation from a maintenance perspective. The relationship between technical analysis and investments in improvement is also covered as well as tools and methods for the assessment of the costeffectiveness of investments.
* Degree project A2E, 30 higher education credits * During the course the student in consultation with the examiner and supervisor is to implement and present a major task of research nature. The project is to be based on an industrial problem where maintenance is put into a real context, i.e. with respect to production, quality, economy etc. The project is an industrial application of the knowledge acquired during the training.