Unit Description and General Aims

This Unit considers the Chartered/ Professional Engineer’s role in Asset Management, the provision of assets for use by third-parties, and how the full cycle of asset life should be managed.

The Chartered/ Professional Engineer’s role includes the need for communication with stakeholders during the development of an Asset Management Plan and the plans that support this plan such as a Maintenance Plan, Capital Expenditure Plan, and Procurement Plan.

In addition, the role includes communicating these plans to and with the stakeholders to achieve commitment in their implementation.

Throughout the Asset Management process, the Chartered/ Professional Engineer is required to maintain the highest levels of ethical behaviour whilst using critical thinking and problem solving in an ongoing path of professional development.