Asset Managment

ENG8104 Asset management in an engineering environment Assignment 1 – Semester 1 2014 Date due: 09 May 2014 Weighting: 50% (500 marks) Special Instructions 1. Answer all questions, and ensure that your answers have the coverage, and are in the format, requested. 2. Present your own ideas. 3. Your answers should be properly referenced and reflect that you have undertaken research outside the study material. 4. It is expected that your answers will be produced using electronic word processing. The .pdf format is preferred for written answers.

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ENG8104 Asset management in an engineering environment Assignment 1 – Semester 1 2014 Date due: 09 May 2014 Weighting: 50% (500 marks) Special Instructions 1. Answer all questions, and ensure that your answers have the coverage, and are in the format, requested. 2. Present your own ideas. 3. Your answers should be properly referenced and reflect that you have undertaken research outside the study material. 4. It is expected that your answers will be produced using electronic word processing. The .pdf format is preferred for written answers. Answers to numerical questions should be produced with an electronic spreadsheet, in which all steps in any calculation should be clearly explained. . 5. Assignments will be submitted using the Electronic Assignment Submission Environment (EASE). 6. There must be a turnitin result for the answer to Question 1. Otherwise it will not be accepted. turnitin is the plagiarism detection service used by USQ to examine student submissions as they are uploaded to the study desk. If the system does not successfully generate a turnitin result, student should try a different file format or contact the course examiner. 7. Please note that if plagiarism or cheating is detected in this assignment it will result in no marks for the assignment. Students should ensure they clearly understand the meaning of plagiarism and cheating. In particular, students should understand that while they may collaborate with other students on the conceptual ideas in their assignments, the final written report submitted by each student must be unique, and must not contain the written material of (a) any other student in the course, or (b) by any other person without due acknowledgement. Question 1 (300 marks) Asset Management Strategic Planning Background You are an asset manager for a medium sized company, the primary purpose of which is to provide services or products to industrial and/or domestic consumers. Some examples of such an organisation include, but…

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