In this part of the course, students take on the role of Asset Manager in a “gaming” environment that is a microcosm of the asset management practice.
This provides a “test bed” for students to make decisions in an asset management environment based on the knowledge framework and provides the opportunity to obtain feedback on the results of decisions that are consistent with what may occur in practice.
The scenario is structured as a simplified cost model typical of that encountered in a local government environment. The key elements of the context setting include:
Grading for assessment will primarily be based on the ability to relate the knowledge framework to the scenario, and to critically review asset management performance. In the context of the scenario, the ability to make good “experience” based decisions is commendable, but the ability to relate the scenario to knowledge framework and learning from the decision process is most important.
You will be required to:
To export a reference to this article please select a referencing stye below:
My Assignment Help. (2021). OPS 935 Project Management. Retrieved from https://myassignmenthelp.com/free-samples/ops935-project-management/truck-asset-renewal-programme.html.
"OPS 935 Project Management." My Assignment Help, 2021, https://myassignmenthelp.com/free-samples/ops935-project-management/truck-asset-renewal-programme.html.
My Assignment Help (2021) OPS 935 Project Management [Online]. Available from: https://myassignmenthelp.com/free-samples/ops935-project-management/truck-asset-renewal-programme.html
[Accessed 16 October 2021].
My Assignment Help. 'OPS 935 Project Management' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/ops935-project-management/truck-asset-renewal-programme.html> accessed 16 October 2021.
My Assignment Help. OPS 935 Project Management [Internet]. My Assignment Help. 2021 [cited 16 October 2021]. Available from: https://myassignmenthelp.com/free-samples/ops935-project-management/truck-asset-renewal-programme.html.
Are you unable to crack the code? Get quality assistance at MyAssignmenthelp.com to secure high grades in programming assignments. Our qualified experts provide programming help in Python, C, C++, Java etc. Java help and other object-oriented programming issues are solved by our experts at the best possible price. If you are in need of proofreading to check for the accuracy of the codes, you just need to place your order on our site. Our experts also help prepare computer lab reports by writing out the entire program with the outputs.
Answers: Introduction The company in focus is Telstra company, it was founded in 1975 the industry it operates in is the telecommunication industry where it provides services to more than 14 million people in Australia (Lancaster, 2006). Telstra is Australia leading telecommunication company but faces formidable competition from other companies such as Optus and Vodafone. Last year the company pulled in 27.1 billion i...Read More
Answers: Introduction Social responsibility is the core concept which is studied in the context of public companies. There are many researchers who have reviewed theoretical and conceptual implications of corporate social responsibility to analyze its potential benefits for the organizations. However, initial studies have analyzed that there is the connection between CSR and the company’s reputation and performance. In some cases, prior...Read More
Answer: Cost management refers to the underlying process related to controlling as well as planning the budget for the business. It is a type of management accounting only which is meant to ensure that the actual cost incurred in various activities tend to remain within the budgetary limits. In this process, typical variances are computed to reflect the deviation of the actual cost from the budgeted cost which are then analyzed. Cost m...Read More
Answer: International trade and the mercantilist theory of international trade International trade refers to the exchange of services, goods or services across international borders; this gives firms in different countries opportunities to compete globally employing competitive pricing for their products and services (Chang et al., 2009). Indeed, trade gives a nation’s economy a boost. The mercantilist theory of international trade is bas...Read More
Answer: Define Project Management with example Project management is a knowledge base which has some defined tools and techniques those can be applied to any kind of projects to complete it within the budgeted time, cost and the set quality parameters. A project is set of many activities which have defined the start and finish dates and the effort used to complete the activities using standards tools and techniques within the dates is the pro...Read More
Are you confident that you will achieve the grade?
Our best Expert will help you improve your grade