Industrial assets, Modern uncertainties, and Performance (IAM560)
The main focus of this course is on the timely important technical topic of Industrial assets and engineering infrastructures, modern uncertainties that they are exposed to, as well as decision making and performance under modern complex industrial conditions. The course has a more practical approach with various real world examples from many industrial sectors where assets and systems are continuously exposed to new industrial demands, modern performance challenges, and new uncertainties due to modern industrial forces, for instance industrial transformations, digitalization processes, environment, and sustainability concerns, etc.
Course description for study year 2024-2025. 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
The main content is based on the changing characteristics of modern industrial assets and engineering infrastructures from a real world perspective. It covers new uncertainties, challenging performance demands in modern industrial environments, and how complex processes influence different types of scenarios, decision settings, methods and indicators, etc., to manage; technical, operational, and overall performance demands of complex industrial assets, engineering infrastructures, and systems in modern times.
Various practical industrial examples are used to emphasise on the real world industrial importance, mutual dependencies, as well as dilemmas between assets and performance in modern complex industrial contexts.
Learning outcome
Knowledge
- has knowledge on theories and methods within industrial assets and engineering infrastuctures, uncertainties, 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 | 3 Weeks | Letter grades |
The assignment is individual. There is no continuation possibility on the assignment. Students who do not pass the assignment can take this part again the next time the subject has regular teaching.
Coursework requirements
Obligatory presentations based on Groupwork. If the group presentation is not approved, then the student will have the opportunity to deliver an individual report and to have an own oral assessment.
Obligatory requirements must be approved by responsible lecturer within the given deadline.
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 |