DALMINE
Overview
Date/time interval
Syllabus
Course Objectives
Asset Management (AM) is defined as a set of coordinated activities aimed at ensuring the creation of value from the assets throughout their lifecycle.
Compared to traditional approaches that drive decisions based on costs, AM is driven by the generation of value, adopting a holistic approach that considers all the stakeholders linked to the asset.
In the industrial context, in relation to AM, maintenance management and execution are among the most discussed areas, since they have direct and indirect effects on multiple facets of the asset performance (e.g., availability, usability, productivity, environmental footprint), contributing to the creation of value over the whole lifecycle (e.g., Beginning-of-Life, Middle-of-Life, and End-of-Life).
In this context, the Industrial Asset Management (IAM) course (6 CFU) aims to provide the student of the graduate program in Management Engineering with the capability of understanding, analyzing, and evaluating the issues related to the management of industrial assets at the strategic, tactical, and operational levels with a strong focus on maintenance.
By the end of the course, students will be able to:
● Define the concepts of asset, asset management, asset management systems, and asset management plan.
● Define and discuss concepts related to the maintenance of an asset considering the asset as a single entity and as a part of a complex system (i.e., multiple assets working together).
● Select and use the methods and techniques to make AM decisions (e.g., queue theory, spare parts and safety stock management, total annual risk analysis).
● Select and use the main methods and tools useful to collect and analyze maintenance data to extract knowledge to be reused in support of the definition of a maintenance plan (e.g., reliability and maintainability analysis).
● Revise maintenance planning, with consideration of the constraints related to resource availability, optimal maintenance strategies, and the economic impact of the decisions.
The course contributes to the educational goals of the graduate programs of the technological-industrial area, in particular regarding the asset management in the industrial companies.
Course Prerequisites
Basics of Operations Management
Teaching Methods
The course contents are discussed in lectures and case discussions, with particular attention to the interaction with the students who have the opportunity to formulate questions and propose topics for further discussion. Lectures aim to introduce and discuss the methods and principles of industrial asset management outlined in the objectives of the course.
Professors will:
· Present the main theoretical concepts (e.g., asset, asset management) in theory lectures using PowerPoint slides and additional resources (e.g., scientific papers, spreadsheets). The slides serve as a support to the classroom discussion: therefore, during the discussion in the classroom, further details which are not present on the slides may be provided.
· Present examples of the application of the techniques (e.g., queue theory, spare parts management, reliability, and maintainability analysis) seen during the theory classes in practice sessions. During practice sessions, exercises will be solved in class with the students, and a discussion on the significance of the results will be carried out.
· Present the exam project providing information on the expected results and achievements to be satisfied.
· Support students in the development of the project through feedback provisions throughout the course.
Students will:
· Listen, take notes, and actively participate during theory lectures through questions and discussions.
· Practice the theory concepts explained during theory lectures in practical sessions where singularly or in groups will be asked to solve small problems and exercises provided by professors.
· Autonomously create groups for the development of a case study aimed at applying concepts seen in theoretical and practical lectures.
· Ask for meetings with professors to receive feedback on their project work.
The password to access the material published on the course e-learning portal is communicated during the first lecture of the course. If unable to attend the first lesson, please contact the professor by e-mail.
Assessment Methods
The assessment and evaluation consist of a written exam (approximately 1 hour and 20 minutes long) and an oral exam.
The written exam usually includes:
· 10 true or false questions,
· 1 or 2 essay questions,
· 3 or 4 exercises.
The written exam mark can be up to 30/30. During the exam is forbidden to use the lecture material (notes, books, slides, etc.). If the mark of the written exam is at least 18/30, students are allowed to attend the oral exam.
The use of any external support or assistance not authorized by the professor during the examination is strictly prohibited. Any breach will result in the invalidation of the exam.
The oral exam allows to increase the grade obtained in the written test by a maximum of 3 points. It takes through the discussion of a home take assignment related to specific parts of the course. The text of the assignment will be provided to the students during the semester. The home-take assignment must be prepared in groups of max 3 people. The assignment discussion takes place in ad hoc sessions organized during/at the end of the semester (in this case the evaluation mark is valid for 1 year) or during the oral sessions that take place after having successfully passed the written exam. Usually, the oral discussion is organized 1 week after the written exam. The discussion lasts around 30 minutes for each assignment. The assignment is evaluated with a mark. The final mark of the oral exam is given by the arithmetic average of the assignments’ marks.
The assignments evaluation marks are published on the course Team or on the e-learning portal.
The use of any form of artificial intelligence for completing the case study is strictly prohibited. If unauthorized use is detected by the instructor, the student's proposed solution will be invalidated and a new case study will be assigned.
If the oral examination is failed, the result of the written exam is cancelled.
The exam structure is the same for attending and non-attending students.
Contents
● Asset & Asset Management. Basic concepts, key decision-making areas, and international Standards (the ISO-5500x: 2014 family).
● An overview of fundamental and emerging asset management systems: EAM/CMMS, APM & AIP Systems.
● The Strategic Asset Management Plan (SAMP), the Hierarchy of Assets and the Assets Management Plan (AMP).
● The maintenance of the asset. Model and methods for complex systems maintenance.
● Methods and techniques for maintenance design and planning. Reliability Centred Maintenance (RCM) & Predictive Analytics and Maintenance (PA/PdM).
● Methods and techniques for maintenance scheduling and resources assignment.
● Methods and techniques for maintenance control. Summary of RAMS (Reliability, Availability, Maintainability and Safety) techniques.
● Methods and techniques for asset lifecycle management. Asset Health Indexing (AHI) and Total Expenditure (TotEx) analysis, over the lifecycle.
Online Resources
More information
Would the course be taught in dual or distance-based lecturing modes, modifications might be carried out with respect to the syllabus, to make the course and the exams accessible under the new lecturing modes.