Industrial assets, Processes, and Performance in modern context (IAM560)
The course focuses on Assets, processes, decisions, and performance under modern complex industrial conditions where Assets and systems are exposed to new industrial demands, challenges, and uncertainties. The course specially covers the characteristics of core Assets and performance in modern industrial environments, and how complex processes and decision settings influence different types of scenarios, methods, indicators, etc., to better manage engineering, operations, and performance of modern complex industrial assets and systems.
Course description for study year 2023-2024. Please note that changes may occur.
Course code
IAM560
Version
1
Credits (ECTS)
10
Semester tution start
Spring
Number of semesters
1
Exam semester
Spring
Language of instruction
English
Content
Industrial importance and mutual dependencies between Industrial assets and performance in complex industrial systems that are exposed to new industrial demands, challenges, and uncertainties.
Core characteristics of core processes in Industrial assets, decisions in modern industrial environments, and how complex processes and decision settings influence different types of scenarios, methods, indicators, etc., to better manage technical and operational performance of modern complex industrial assets and systems.
Practical industrial cases and examples.
Learning outcome
Knowledge
- has thorough knowledge of the theories and methods within industrial assets, processes, decisions and performance
- can apply knowledge to Industrial systems, engineering facilities and organizations
- can analyze professional problems related to technical and operational processes, decision making and performance
Skills
- can use relevant methods for research and professional development work
- can analyze and deal critically with various sources of information and use them to structure and formulate scholarly arguments
- can carry out a limited research or development project under supervision and in accordance with applicable norms for research ethics
General competence
- can apply his/her knowledge and skills in new areas in order to carry out professional assignments and projects
- can communicate about academic issues, analyses and conclusions in the field, both with specialists and the general public
- can contribute to new thinking and innovation processes
Required prerequisite knowledge
Exam
| Form of assessment | Weight | Duration | Marks | Aid |
|---|---|---|---|---|
| Report | 1/1 | Letter grades |
If a student fails the report, she/he have to take this part again next time the subject is lectured.
Coursework requirements
Obligatory presentations based on Groupwork. An additional individual Report and Oral Assessment if the Presentations are not satisfactory.
Mandatory work demands must be approved by subject teacher within the given deadlines.
Course teacher(s)
Head of Department:
Mona Wetrhus MindeCourse coordinator:
Jayantha Prasanna LiyanageMethod of work
Overlapping courses
| Course | Reduction (SP) |
|---|---|
| Decision Engineering and Performance Management (MOM440_1) | 10 |
| Industrial assets, Processes, and Performance under modern contexts (OFF560_1) | 10 |