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Graduate Certificate in Asset Management

Program Information

The CPEE Graduate will possess knowledge and skills in the design, implementation, application and maintenance of sustainable asset management systems. They will have the capacity to effectively apply their learning to a wide range of asset management situations and systems, and the potential to develop into highly competent asset management professionals.

Our academics are recognised as leaders in their respective disciplines, bringing a wealth of both technical and practical industry experience to our programs. Asset management experience, in the infrastructure industry, has found that a specialist qualification is important in raising the status of professionals in the industry.

CPEE's flexible, online Graduate Certificate in Asset Management program is designed to allow Units of study to be readily offered to candidates throughout Australia, New Zealand and elsewhere. Our online programs come with readily available support to guide you through your study. To take the next step in your career, the CPEE Graduate Certificate in Asset Management program will provide you with skills, knowledge, and an Australian accredited and trusted qualification.

CPEE is an accredited private provider of higher education programs listed on the National Register for Providers and Courses on the website of the Tertiary Education Quality and Standards Agency (TEQSA) https://www.teqsa.gov.au/ as an 'Institute of Higher Education' (PRV12121).

Program Code
CRS1400821
Post-Nominal
GradCertAssetMgt
AQF Level
8
Credit Points
4
Duration
3yrs

Part Time Study

Mode
Online

Program Structure

Core

540: Asset Management Principles
The unit introduces students to the key principles that underpin the strategic approach to managing physical infrastructure. It commences by highlighting the importance of identifying and integrating an appropriate asset management framework within an organisation’s corporate planning. The unit then considers the application of appropriate asset management processes to improve the service delivery provided to stakeholders. It outlines how to plan for and manage changes in demand for services, which includes the need to develop relevant and meaningful levels of service in consultation with the community or customers.
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640: Economics of Financial Management
The unit outlines how effective asset management requires the application of asset management principles and an ongoing and constructive alignment between financial and asset managers. To ensure that appropriate asset management resources are provided for whole of life operation within a value for money framework, asset managers must be able to understand and communicate the principles and application of financial planning and accounting for investment in physical infrastructure. Topics covered include time value of money, valuation, auditing, discrete and continuous assets considerations, cost elements, prediction methods and project evaluation based on whole of life value. The application of the international standard ISO 55000 series, Standards for Asset Management is explored from a financial management context.
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Electives

541: Project Management Elements
This Unit introduces the context, rationale, strategy and mechanisms of project management. It commences with definitions of such as project stakeholders, project charter, project life cycles and phases, quality systems and management. Unit content includes an introduction to project management principles, techniques and processes. It investigates the specific tasks that need to be undertaken in order to initiate, plan, implement, execute and close an infrastructure project. ISO 21500:2012: Guidance on Project Management and the Project Management Body of Knowledge (PMBOK) are introduced as source materials.
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609: Road Asset Management
This unit enables students to attain advanced knowledge in road asset that will enhance their professional engineering skills. The unit will impart cognitive skills to think critically about the management methods employed in the sector. The unit will also provide specialised technical and creative skills that are key to current and future professional practice. The increasing emphasis on asset management by owners and stakeholder stems from a broad spectrum of complex influences. These include; the ageing of road assets built during the post-war expansion of the road network, increased community demands for transparency in investment decisions and a growing understanding of the social, economic and environmental outcomes of investment in transport infrastructure. The complexity is magnified by new areas of government expenditure competing for limited public funds and the increasing role of the private sector in management of public infrastructure. The unit will present students with the tools to investigate, analysis and manage the complexities faced by the expert practitioners employed by road agencies.
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619: Contracts: Principles, Management & Risks
This unit provides students with the opportunity to attain advanced knowledge for professional level work with engineering construction contracts, their management and delivery. It will help to impart cognitive skills to think critically about the administration, management, supervision, construction and delivery of engineering projects, within the context of the relevant legal, risk and conflict resolution frameworks. While the specific terms of a construction contract may change by way of revisions to standard or industry based contracts, the legal principles underlying each of the terms remain constant. This unit will help ensure the development of the specialised technical, managerial and creative skills required to successfully manage and deliver engineering contracts.
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641: Sustainable Physical Infrastructure
Sustainable infrastructure is defined for this Unit as the designing, building, operating, maintaining, rehabilitating, and decommissioning of infrastructure structural elements over their life cycles. Definitions may vary both nationally and internationally. Infrastructure includes such as transport, public health, water, sewage treatment, energy, and telecommunication that are critical to the sustainability of communities. The Unit provides a broad treatment of the many facets of sustainable infrastructure including the role of asset management, integrated design, smart structures, sensing technologies, performance monitoring, the impact of changing environments and the life-cycle approach to infrastructure planning and management. Research skills will be developed through extensive literature surveys and communication skills evaluated though a Case Study.
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Admission Requirements

Admission is based on meeting the equivalent of AQF Level 7 in a cognate discipline and meeting the minimum English language requirements, as per PR006 and PR007. Examples of meeting the equivalent AQF Level 7 in a cognate discipline are provided in (a) to (c) below.

  1. A three (3) year undergraduate degree in a cognate discipline at AQF Level 7; or
  2. A two (2) year undergraduate degree in a cognate discipline at AQF Level 6, plus at least three (3) years of documented and verified relevant work experience that equates to AQF Level 7; or
  3. Demonstrated relevant formal, non-formal and informal prior learning deemed equivalent to items a) or b) above.

PR006: Procedure for Standard Entry to Programs and Units
PR007: Procedure for nonstandard entry to programs and units

Award Requirements

To be eligible for the Graduate Certificate in Asset Management a candidate must complete all core units plus any two (2) elective units.
Units can only be attempted following successful completion of the required pre-requisites or by concurrent enrolment in co-requisites.

Enrolment Pattern

The default and minimum enrolment pattern for the Graduate Certificate in Asset Management is one (1) unit per semester. A maximum enrolment of two (2) units per semester is normally permitted. Elective units will normally be offered every 2 to 3 semesters. For the current schedule refer to the Units of Study & Availability

Maximum Completion Time

The standard maximum time for completion of the Graduate Certificate in Pavement Technology is 3 calendar years dated from the time of initial enrolment. Refer to PO028 Policy on Program Duration regarding program completion times, Leave of Absence and Compassionate and Compelling Circumstances.

Awarding of Credit

Credit for previous equivalent formal, non-formal or informal prior learning or cross institutional study undertaken is awarded in line with PR042: Procedure for Awarding of Academic Credit.
To apply for credit you will need to submit the following form: FM002: Application for Academic Credit

AM Council Certification Holders please contact CPEE for information on applying for credit.

Study Load

We estimate that students devote approximately 10 study hours per week, per unit. These study hours are inclusive of teaching time (e.g. lectures, online teaching), independent study, assessment tasks and/or examination time. Our semesters are broken down into study and exam periods. The study period is 15 weeks duration per semester. We state that the student study workload for each unit is calculated as per below:

15 study period weeks x 10 hours study per week Resulting in the average unit requiring 150 hours over the study period

Credit Points
Each CPEE unit is worth one (1) credit point unless otherwise specified. One credit point involves a student workload of approximately 10 hours per week over a semester.

Equivalent Full Time Student Load (EFTSL)
Each of our units has an equivalent full time student load (EFTSL) of 0.125 (12.5%). The study of one unit in a semester would be an ETFSL of 12.5%. A standard full-time load is eight units in the academic year (8*12.5%= 100% or 1 EFTSL). For our programs a full time study load would be 4 units per semester.

Continuing Professional Development (CPD)

CPEE has determined that one CPEE Postgraduate Unit of academic study, that has been successfully completed with a passing grade, is equivalent to 150 CPD hours.

Articulation

Applicants who have completed the Graduate Certificate in Asset Management can apply to enter the Master of Project Management with credit for the units successfully completed. Apply for a New Program