This course focuses the fundamental principles of Asset Management (AM) and discusses the six core questions that should be answered by any organization about their assets. The course also illustrates the implementation approaches of an AM plan to attain sustainability. The course introduces the role of AM in the context of public and private sectors considering the impact of building assets in supporting the organization goals and strategies as well as the needs of different types of building users. It covers topics related to Building Asset Inventory, Building Asset Classifications, Building Asset Hierarchy, Building Performance, Deterioration Prediction, Level of Service, Risk Analysis, Building Life Cycle Costing, Capital Planning, Operation and Maintenance, and Decision Making. Finally synthesizing all the concepts to develop a complete AM plan.  The course also aims to enhance the written and oral communication skills necessary, open group discussions, and team work. A project is required.

Course ID: MCEM 615

Credit hours Theory Practical Laboratory Lecture Studio Contact hours Pre-requisite
3 - -
Published on: 09 April 2019
Last update on: 05 October 2025
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