Subject description
Financial management principles, time value of money, discrete assets considerations, continuous assets considerations, identification of cost elements, cost prediction methods, regulatory economics, financial case development, engineered asset repair-replace decision making.
Equivalence
ENGG956 - Financial Management for Engineered Assets
Tutorial enrolment
Students can enrol online via the Tutorial Enrolment link in SOLS
Delivery
To view information specific to your campus, click on Select availability in the top right of screen and choose from the campus, delivery mode and session options.
Teaching staff
Lecturers
Engagement hours
Contact Hours:1 hour tutorial
Learning outcomes
On successful completion of this subject, students will be able to:
1.
Understand the approach taken to developing financial cases.
2.
Understand the data requirements for financial modelling and decision making.
3.
Have a working knowledge of the basic tools for valuation of projects.
4.
Have a working knowledge of the identification of cost streams to the required level of accuracy for financial planning and project evaluation.
5.
Have a working knowledge of basic financial modelling techniques for typical engineered asset management situations.
6.
Be able to put together a financial case utilising the assistance of a management accountant as appropriate.
Assessment details
Tutorial questions
Online tests
Case studies
Final Exam
Work integrated learning
Foundational WIL:This subject contains elements of "Foundational WIL". Students in this subject will observe, explore or reflect on possible career pathways or a work-related aspect of their discipline.
Textbook information
No prescribed textbooks for this subject.