Engineering Technical Asset Lifecycle Economics
This course provides maintenance managers with the economic tools to justify asset replacement versus repair. It covers the commercial implications of maintenance scheduling and technical equipment longevity.
£320
Certified Engineering Asset Economic Manager
- Pass mark 70%
- Certificate on completion
- Verifiable public certificate ID
- English · available globally
Engineering Technical Asset Lifecycle Economics: the short answers
- What is Engineering Technical Asset Lifecycle Economics?
- This course provides maintenance managers with the economic tools to justify asset replacement versus repair. It covers the commercial implications of maintenance scheduling and technical equipment longevity.
- Who is Engineering Technical Asset Lifecycle Economics for?
- It is pitched at Intermediate level for Asset Maintenance Managers working in engineering, and is studied online from any country.
- How long does Engineering Technical Asset Lifecycle Economics take?
- Around 16 hours of study, plus the assessed assignments and one applied project.
- How is the certification assessed?
- Every assignment and the final project are assessed automatically against the published criteria. The pass mark is 70%, and an item that does not pass can be resubmitted.
- What do I receive when I pass?
- Certified Engineering Asset Economic Manager, issued as a certificate with a unique ID that employers can check in the public certificate register.
- How much does it cost?
- £320 once, with no subscription.
What you will be able to do
- Conduct lifecycle cost analysis (LCCA) for mechanical assets
- Evaluate the commercial impact of scheduled versus emergency maintenance
- Use technical performance data for financial forecasting
- Implement commercial asset retirement criteria
- Analyze downtime costs within industrial operations
Written by Fiona Wu, PE. Every submission is assessed automatically against the published criteria for Certified Engineering Asset Economic Manager, and the certificate is issued the moment the assessment is complete.
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