ENGG958, ENGG958 Assignm Assignme Explore th establishe managem Purpose: Explore th asset man Learning 3. Select situations Working a Complete Asst4_ Fa Assignme Focusing o (i) With r asset 5.4). In mana proces (ii) Identif mana i.e. Ide asset Assign versa. the as NOTE: The effectiven Key issues evaluation In the case determinin physically Maximum Autumn 201 Life Cycle ment Que ent 4 (Indiv he key issue ed risk man ment and as he applicati nagement. objectives and apply . arrangeme this assign amily Name ent Task on the asse reference t when desig n particula gement pro sses by wh fy the role gement for entify the re manageme nment 3; a . In doing th sset manag e risks to b ess: operat s may typic n of risks. e of the bur ng pipeline y inspecting 2000 Wor 7 and Risk M stions - 2 vidual) rev2 es of risk m nagement s sset manag ion of the f s covered: y appropri ent: nment indiv e.doc,: e.g. et that you o AS/NZS gning and o r, what are ocess as de hich risks a and the ke r these ass elationship ent activity nd, b. risk m his you sho gement fra be managed ting reliabi cally includ ried pipelin e condition g the pipeli rds F anagement 2017 2 managemen standards. gement. undamenta ate model vidually. F Asst4_Fia studied pr ISO 31000 operating t e the signifi efined in Cl re assesse y relations sets. ps between y and the as manageme ould consid mework de d are restri lity in parti de, for exam ne, you can but no dire ne. Faculty of t nt and how Identify the al principle ls and sta ile names f at.doc. eviously: : Identify th the risk ass cant featu lause 5.3, a ed. ships betwe n a. asset m sset manag ent and the er where th eveloped as cted to ope cular) and mple, the id assume th ect method Engineeri w these issu he relations es of risk m andards to for submiss he key issu sessment p res of the ‘ and how do een asset m managemen gement sys risk mana he risk man s part of As erating per also public dentificatio hat there ar s with the e ng and Inf ues are han ships betwe anagemen specific a sions must es to be ad process as context’ fo o they impa managemen nt and the e stem as yo gement sy nagement ssignment formance r c and empl n of credib re various i exception o Page formation S ndled by een risk nt in the con asset man t be in the f ddressed fo described r the risk act on the nt and risk elements o ou have def ystem, and process sit 3. risk (system loyee safet le risks or t indirect me of excavati 1 Sciences ntext of nagement form or this in Clause of the fined it in vice ts within m y risk. the ethods of ng and ENGG958, Autumn 2017 Page 2 Assessment Rubric – Assignment 4 Content Value Below Expectation (0-49%) Acceptable (50-64%) Good (65-84%) Excellent (85%+) Systematic approach to the analysis is taken. 20% No process evident Process referenced to available standards Process referenced to available standards and other literature Process referenced to available standards and extensively to other literature Relevant significant features of context identified. 40% No, few, or only irrelevant features of context identified or impact not explored Some key relevant significant features of context identified and impact explored Most key relevant significant features of context identified and impact explored All key relevant significant features of context identified and impact comprehensively explored Relationships between risk management and asset management identified. 30% Significant interrelationships & functions not identified Major functions & interrelationships identified Functions & interrelationships identified including the significance of the relationships Insightful, fully justified interrelationships. Allows understanding of the nature of asset management and its role within the organisation. Structure of written work (Assignment overall) 10% Poorly organised Logical development of arguments Report structured in a competent manner with consistent logical development response Report structured in a professional manner such that report flows seamlessly and flow enhances understanding. Referencing (Assignment overall) Reqd Unacceptable: No referencing or no in‐text citation of references (this is plagiarism, refer to UOW policies) Acceptable: Harvard system of referencing used. References cited in the main body of the report where used and then listed correctly in the References section at the back of the report.