Course

Industrial Assets, Modern Uncertainties, and Performance Dynamics (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.


Dette er emnebeskrivelsen for studieåret 2023-2024. Merk at det kan komme endringer.

See course description and exam/assesment information for this semester (2024-2025)

Semesters

Fakta

Emnekode

IAM560

Vekting (stp)

10

Semester undervisningsstart

Spring

Undervisningsspråk

English

Antall semestre

1

Vurderingssemester

Spring

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

Forkunnskapskrav

Ingen

Exam

Form of assessment Weight Duration Marks Aid Exam system Withdrawal deadline Exam date
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.

Vilkår for å gå opp til eksamen/vurdering

Presentation in groups

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.

Fagperson(er)

Head of Department:

Mona Wetrhus Minde

Course coordinator:

Jayantha Prasanna Liyanage

Course teacher:

Idriss El-Thalji

Method of work

Lectures and discussions. Interactive groupwork. Presentations. Reports and Oral assessment when necessary.

Overlapping

Emne Reduksjon (SP)
Industrial Assets, Modern Uncertainties, and Performance Dynamics (IAM560_1) , Decision Engineering and Performance Management (MOM440_1) 10
Industrial Assets, Modern Uncertainties, and Performance Dynamics (IAM560_1) , Industrial assets, Processes, and Performance under modern contexts (OFF560_1) 10

Åpent for

Admission to Single Courses at the Faculty of Science and Technology
Sustainability Studies - Master's Degree Programme Environmental Engineering - Master of Science Degree Programme Industrial Economics - Master of Science Degree Programme Structural and Mechanical Engineering - Master of Science Degree Programme Industrial Asset Management - Master of Science Degree Programme Petroleum Engineering - Master of Science Degree Programme Petroleum Engineering - Master of Science Degree Programme, Five Years Risk Analysis - Master of Science Degree Programme Business Administration - Master of Science
Exchange programme at Faculty of Science and Technology

Emneevaluering

There must be an early dialogue between the course supervisor, the student union representative and the students. The purpose is feedback from the students for changes and adjustments in the course for the current semester.In addition, a digital subject evaluation must be carried out at least every three years. Its purpose is to gather the students experiences with the course.

Litteratur

Book Asset management : whole-life management of physical assets Chris Lloyd Director, CAS, Lloyd, Chris, London, Thomas Telford/ICE Publishing, XXII, 242 s., 2010, isbn:978-0-7277-3653-6, Chapter: Lloyd, C., 2010, Introduction, pp xiiv – xxii. E-book Physical Asset Management Hastings, Nicholas A. J, Springer Verlag London Limited, 2010, isbn:1848827504, Chapter: Hastings, N.A.J., 2010, The Asset Management Function, pp 13-26 https://bibsys-ur.userservices.exlibrisgroup.com/view/uresolver/47BIBSYS_UBIS/openurl?ctx_enc=info:ofi/enc:UTF-8&ctx_id=10_1&ctx_tim=2020-11-04T15%3A05%3A29IST&ctx_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&url_ver=Z39.88-2004&rfr_id=info:sid/primo.exlibrisgroup.com-ciand&req_id=&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.atitle=Physical%20Asset%20Management&rft.jtitle=&rft.btitle=%3Ch%3EPhysical%3C/h%3E%20%3Ch%3EAsset%3C/h%3E%20%3Ch%3EManagement%3C/h%3E&rft.aulast=Hastings&rft.auinit=&rft.auinit1=&rft.auinitm=A.&rft.ausuffix=&rft.au=Hastings,%20Nicholas%20A.%20J&rft.aucorp=&rft.date=2010&rft.volume=&rft.issue=&rft.part=&rft.quarter=&rft.ssn=&rft.spage=&rft.epage=&rft.pages=&rft.artnum=&rft.issn=&rft.eissn=&rft.isbn=1848827504&rft.sici=&rft.coden=&rft_id=info:doi/&rft.object_id=&rft.eisbn=9781848827516&rft.edition=1.%20Aufl.&rft.pub=Springer%20Verlag%20London%20Limited&rft.place=&rft.series=&rft.stitle=&rft.bici=&rft_id=info:bibcode/&rft_id=info:hdl/&rft_id=info:lccn/&rft_id=info:oclcnum/&rft_id=info:pmid/&rft_id=info:eric/((addata/eric}}&rft_dat=%3Cciand%3Eciando234115%3C/ciand%3E%3Curl%3E%3C/url%3E,language=eng,view=UBIS&svc_dat=viewit&user_ip=&req.skin=primo&rft_pqid=&rft_galeid=&rft_cupid=&rft_eruid=&rft_nurid=&rft_ingid=View online E-book Quality Decision Management -The Heart of Effective Futures-Oriented Management [electronic resource] : A Primer for Effective Decision-Based Management Frankel, E.G., Dordrecht :, Springer Netherlands ; Imprint Springer, 1 online resource (120 p.), 14, 2008., isbn:1-281-95029-7; 9786611950293; 1-61583-147-9; 1-4020-8996-1, Chapter: Frankel, E.G., 2008, Organizing for effective management in the Post industrial age, pp 11-24 https://bibsys-ur.userservices.exlibrisgroup.com/view/uresolver/47BIBSYS_UBIS/openurl?ctx_enc=info:ofi/enc:UTF-8&ctx_id=10_1&ctx_tim=2020-11-04T15%3A01%3A29IST&ctx_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&url_ver=Z39.88-2004&rfr_id=info:sid/primo.exlibrisgroup.com-BIBSYS_ILS&req_id=&rft_dat=ie=47BIBSYS_UBIS:5161858170002208,ie=47BIBSYS_UBB:51106907850002207,ie=47BIBSYS_UBTO:5178256480002205,ie=47BIBSYS_UBO:51185667830002204,ie=47BIBSYS_NTNU_UB:51165394720002203,ie=47BIBSYS_HIB:5161220650002221,ie=47BIBSYS_HVO:5120653830002220,ie=47BIBSYS_SIRUS:5136133830002256,ie=47BIBSYS_AHUS:5119887800002263,ie=47BIBSYS_NETWORK:71518708650002201,language=eng,view=UBIS&svc_dat=viewit&u.ignore_date_coverage=true&user_ip=10.16.56.54&req.skin=primoView online Book Encyclopedia of information science and technology Vol. 7 R-S Khosrowpour, Mehdi, Hershey, Pa., Information Science Reference, CVIII, s. 3199-3656, 29 s., Vol. 7, c2009, isbn:9781605660264, Chapter: Liyanage, J.P., Langeland, T., 2009, Smart assets through digital capabilities, pp 3480-3485 Book Asset management : whole-life management of physical assets Lloyd, Chris, London, Thomas Telford/ICE Publishing, XXII, 242 s., 2010, isbn:978-0-7277-3653-6, Chapter: Woodhouse, J., 2010, Asset management: The way forward, pp 201-221 Book Performance measurement & control systems for implementing strategy : text & cases Simons, Robert, Kaplan, Robert S.; Dávila, Antonio, Upper Saddle River, N.J., Prentice Hall, XII, 780 s., c2000, isbn:0132340062; 0131225103, Chapter: Simons, R., 2000, Organizational tensions to be managed, pp 3-15 E-book The triple bottom line : how today's best-run companies are achieving economic, social, and environmental success--and how you can too Savitz, Andrew W., Weber, Karl,, San Francisco, California :, Jossey-Bass, 1 online resource (354 p.), 2014., isbn:1-118-33037-4; 1-118-33317-9, Chapter: Savitz, A.W., Weber, K., 2006, The sustainability sweet spot, pp 21-39 https://bibsys-ur.userservices.exlibrisgroup.com/view/uresolver/47BIBSYS_UBIS/openurl?ctx_enc=info:ofi/enc:UTF-8&ctx_id=10_1&ctx_tim=2020-11-04T15%3A28%3A29IST&ctx_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&url_ver=Z39.88-2004&rfr_id=info:sid/primo.exlibrisgroup.com-BIBSYS_ILS&req_id=&rft_dat=ie=47BIBSYS_UBIS:5158131120002208,ie=47BIBSYS_UBB:51111860130002207,ie=47BIBSYS_UBTO:5184504250002205,ie=47BIBSYS_UBO:51239092810002204,ie=47BIBSYS_NHHB:5139746740002216,ie=47BIBSYS_UBIN:5132534180002211,ie=47BIBSYS_NB:51245964500002202,ie=47BIBSYS_HIB:5132049530002221,ie=47BIBSYS_HVO:5137988130002220,ie=47BIBSYS_HIO:5165820530002218,ie=47BIBSYS_HIT:5125269680002210,ie=47BIBSYS_HIOA:5162811420002212,ie=47BIBSYS_HIM:5133752890002223,ie=47BIBSYS_HH:5142846420002214,ie=47BIBSYS_BI:5169822600002215,ie=47BIBSYS_NETWORK:71523870810002201,language=eng,view=UBIS&svc_dat=viewit&u.ignore_date_coverage=true&user_ip=10.16.56.54&req.skin=primoView online E-book Asset Management [electronic resource] : The State of the Art in Europe from a Life Cycle Perspective Van der Lei, Telli.; Herder, Paulien.; Wijnia, Ype., Dordrecht :, Springer Netherlands ; Imprint Springer, 1 online resource (175 p.), 2012., isbn:1-280-39799-3; 94-007-2724-0; 9786613575913, Chapter: Liyanage, J.P., 2012, Smart engineering assets through strategic integration: Seeing beyond the convention, pp 11-27. https://bibsys-ur.userservices.exlibrisgroup.com/view/uresolver/47BIBSYS_UBIS/openurl?ctx_enc=info:ofi/enc:UTF-8&ctx_id=10_1&ctx_tim=2020-11-04T15%3A35%3A30IST&ctx_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&url_ver=Z39.88-2004&rfr_id=info:sid/primo.exlibrisgroup.com-BIBSYS_ILS&req_id=&rft_dat=ie=47BIBSYS_UBB:51113646670002207,ie=47BIBSYS_UBTO:5183450880002205,ie=47BIBSYS_UBO:51178759270002204,ie=47BIBSYS_NTNU_UB:51170331170002203,ie=47BIBSYS_NMBU:5117961170002213,ie=47BIBSYS_HIB:5159926050002221,ie=47BIBSYS_HVO:5131521980002220,ie=47BIBSYS_HIT:5132947920002210,ie=47BIBSYS_SIRUS:5137299400002256,ie=47BIBSYS_AHUS:5119829750002263,ie=47BIBSYS_NETWORK:71524877470002201,language=eng,view=UBIS&svc_dat=viewit&u.ignore_date_coverage=true&user_ip=10.16.56.54&req.skin=primoView online Book Decision making in systems engineering and management GREGORY S. PARNELL, Ph.D PATRICK J. DRISCOLL, Ph.D. -Ken Blanchard and Sheldon Bowles, Parnell, Gregory S.; Driscoll, Patrick J.; Henderson, Dale L., Hoboken, N.J., Wiley, XLIII, 497 s., cop. 2011, isbn:9780470900420, Chapter: Parnell, G.S., Driscoll, P.J., 2011, Introduction, pp1-21 Book Handbook for productivity measurement and improvement Christopher, William F.; Thor, Carl G., Portland, Or., Productivity Press, 1 b. (flere pag.), c1993, isbn:1563270072, Chapter: Campi, J.P., 1993, Breaking the paradigm of performance measurement, pp 8-4.1 – 8-4.11 Chapter: Younker, J.N., 1993, Integrated performance planning: A major force for measuring and improving organization performance, pp 2-3.1 – 2-3.11 E-book Scenario Planning - Revised and Updated: The Link Between Future and Strategy Lindgren, Mats ; Bandhold, H, London, Palgrave Macmillan UK, 2009, isbn:9780230579194, Chapter: Lindgren, M. Banhold, H., 2009, Scenario planning: An introductory overview, pp 22-34. https://bibsys-ur.userservices.exlibrisgroup.com/view/uresolver/47BIBSYS_UBIS/openurl?ctx_enc=info:ofi/enc:UTF-8&ctx_id=10_1&ctx_tim=2020-11-04T14%3A51%3A43IST&ctx_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&url_ver=Z39.88-2004&rfr_id=info:sid/primo.exlibrisgroup.com-proquest_scopu&req_id=&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.atitle=Scenario%20Planning%20-%20Revised%20and%20Updated&rft.jtitle=&rft.btitle=%3Ch%3EScenario%3C/h%3E%20%3Ch%3EPlanning%3C/h%3E%20-%20Revised%20and%20Updated&rft.aulast=Lindgren,%20Bandhold&rft.auinit=&rft.auinit1=&rft.auinitm=&rft.ausuffix=&rft.au=Lindgren,%20Mats&rft.aucorp=&rft.date=2009&rft.volume=&rft.issue=&rft.part=&rft.quarter=&rft.ssn=&rft.spage=&rft.epage=&rft.pages=&rft.artnum=&rft.issn=&rft.eissn=&rft.isbn=9780230579194&rft.sici=&rft.coden=&rft_id=info:doi/10.1057/9780230233584&rft.object_id=&rft.eisbn=9780230233584&rft.edition=&rft.pub=Palgrave%20Macmillan%20UK&rft.place=London&rft.series=&rft.stitle=&rft.bici=&rft_id=info:bibcode/&rft_id=info:hdl/&rft_id=info:lccn/&rft_id=info:oclcnum/814516532&rft_id=info:pmid/&rft_id=info:eric/((addata/eric}}&rft_dat=%3Cproquest_scopu%3EEBC483151%3C/proquest_scopu%3E%3Curl%3E%3C/url%3E,language=eng,view=UBIS&svc_dat=viewit&user_ip=10.16.56.54&req.skin=primo&rft_pqid=&rft_galeid=&rft_cupid=&rft_eruid=&rft_nurid=&rft_ingid=View online Book Strategy maps : converting intangible assets into tangible outcomes Kaplan, Robert S., Norton, David P., Boston, Mass., Harvard Business School Press, XVIII, 454 s., c2004, isbn:9781591391340; 1591391342, Chapter: Kaplan, R.S., Norton, D.P., 2004, Introduction, pp 3-14 https://ebookcentral-proquest-com.ezproxy.uis.no/lib/uisbib/detail.action?docID=5182107View online Website EFQM Model European Foundation for Quality Management (EFQM), Check EFQM Model under: https://www.efqm.org/efqm-model A free short version in English can be downloaded through: https://mailchi.mp/7703bd3f60fd/qqru7x5leq https://www.efqm.org/index.php/efqm-model/View online E-book Value Networks in Manufacturing: Sustainability and Performance Excellence Liyanage, Jayantha P ; Uusitalo, Teuvo, Uusitalo, Teuvo ; Liyanage, Jayantha P, Cham, Springer International Publishing AG, 2016, isbn:3319277979, Chapter: Beer, J.E., Liyanage, J.P., 2017, Integrated performance framework for sustainable manufacturing networks, Springer, pp 291-301. https://bibsys-ur.userservices.exlibrisgroup.com/view/uresolver/47BIBSYS_UBIS/openurl?ctx_enc=info:ofi/enc:UTF-8&ctx_id=10_1&ctx_tim=2020-11-04T15%3A44%3A56IST&ctx_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&url_ver=Z39.88-2004&rfr_id=info:sid/primo.exlibrisgroup.com-proquest_askew&req_id=&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=book&rft.atitle=Value%20Networks%20in%20Manufacturing&rft.jtitle=&rft.btitle=%3Ch%3EValue%3C/h%3E%20%3Ch%3ENetworks%3C/h%3E%20in%20%3Ch%3EManufacturing%3C/h%3E&rft.aulast=Liyanage,%20Uusitalo&rft.auinit=&rft.auinit1=&rft.auinitm=P,&rft.ausuffix=&rft.au=Liyanage,%20Jayantha%20P&rft.aucorp=&rft.date=2016&rft.volume=&rft.issue=&rft.part=&rft.quarter=&rft.ssn=&rft.spage=&rft.epage=&rft.pages=&rft.artnum=&rft.issn=1860-5168&rft.eissn=2196-1735&rft.isbn=3319277979&rft.sici=&rft.coden=&rft_id=info:doi/10.1007/978-3-319-27799-8&rft.object_id=&rft.eisbn=3319277995&rft.edition=&rft.pub=Springer%20International%20Publishing%20AG&rft.place=Cham&rft.series=Springer%20Series%20in%20Advanced%20Manufacturing&rft.stitle=&rft.bici=&rft_id=info:bibcode/&rft_id=info:hdl/&rft_id=info:lccn/&rft_id=info:oclcnum/956505362&rft_id=info:pmid/&rft_id=info:eric/((addata/eric}}&rft_dat=%3Cproquest_askew%3E326560%3C/proquest_askew%3E%3Curl%3E%3C/url%3E,language=eng,view=UBIS&svc_dat=viewit&user_ip=10.16.56.54&req.skin=primo&rft_pqid=&rft_galeid=&rft_cupid=&rft_eruid=&rft_nurid=&rft_ingid=View online
The course description is retrieved from FS (Felles studentsystem). Version 1