Introductory description

KBAM combines two topics, Knowledge management and Physical Asset management, which are worthy of degrees in their own right. Delivering such vast topics in lectures is just part of the course but this module will also introduce students to theoretical business environments in which they are encouraged to explore risks, pushing themselves beyond their comfort zone in a safe learning environment. Students will explore KBAM through the following approaches:
Games that will foster reflective thinking.
A mini exercise where students examine how company can manage their assets effectively.
Seminars during which the class will co-create applied knowledge.
The Module will continue to challenge student thinking upon the EFQM Model (2nd edition 2021) with particular emphasis on relevant criteria to KBAM subjects. For example Direction 5.4 "leverage knowledge" and 5.5 "Manage Assets and resources" - asking for evaluation on how the theories, approaches and standards of KBAM they have learnt can support excellence in these areas.

Module aims

Outline syllabus

This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.

This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.

Concepts of resource and asset management.
Overview of knowledge management in engineering asset management context.
Engineering asset management methodologies.
Maintenance strategies.
Life cycle costing.

Learning outcomes

By the end of the module, students should be able to:

• Analyse opportunities to improve the management of an organization’s physical Assets in pursuit of excellence in policy and strategy.
• Analyse opportunities to improve and enhance the management of an organization’s Knowledge base in support of an organization’s policy and strategy.
• Create an business or department implementation plan that would deliver opportunities identified in studies in the areas of Asset Management and Knowledge base management.
• Critically review as a team how advances associated with Quality 4.0 and AM standards can lead a company to a new level of excellence in knowledge and asset management

Indicative reading list

The reading list has been updated by the new module owner for 24/25 - adding new reading and removing old dated publications whilst maintaining any seminal works.

View reading list on Talis Aspire

Subject specific skills

Understand the concepts of engineering asset management and its benefits, Understand the concepts of
knowledge management and its impact on asset management, Understand the methods to identify and
analyse opportunities to improve asset management, Understand the benefits of waste minimisation and
recycling to asset management, Understand the benefits of supply chain and logistic optimisation to asset
management

Transferable skills

Communication, critical thinking, working with others, problem solving, information literacy,
numeracy, digital literacy, ethical values, intercultural awareness, professionalism, organizational
awareness