MREGC5001 Terotechnology and Life Cycle Costs
This unit will introduce terotechnology and capital investment decisions relevant to asset management. This unit will cover the broad subject area of life cycle costs and the costs-of-ownership of assets; impact of maintenance decisions and capital investment option analysis. The unit will also cover terotechnological aspects of engineering economics. Various tools and techniques will be introduced to help inform capital investment decision making, asset purchase and replacement policies and economic decisions to buy or replace major units and plants. Whole-of-life cost considerations are important in terms of their possible impact on maintainability and in the pursuit of reducing life cycle costs. This is an important foundational course for students interested in practicing good asset management, maintenance and reliability engineering.
Commonwealth Supported Place (CSP) unit fee
A Commonwealth Supported Place (CSP) is one that is subsidised by the Australian Government, which means students only pay the student contribution amount of the tuition fee. CSPs are only available to eligible domestic students.
The student contribution amount depends on the unit and how much funding the Government provides. Each unit is classified into a band based on its discipline (which may be different to your overall course discipline).
2025 student contribution amount: $1,164
2025 grandfathered student contribution amount (for students who commenced before 1 Jan 2021*): $1,164
* If you are a continuing student (who commenced your course before 1 January 2021) you will continue paying the same amount as you would have, had legislative reforms not been implemented for any units that would otherwise have an increased student contribution amount.