Course Title: Implement asset management plan

Part B: Course Detail

Teaching Period: Term1 2019

Course Code: MKTG6025C

Course Title: Implement asset management plan

School: 174T School of VE Engineering, Health & Science

Campus: City Campus

Program: C5298 - Diploma of Property Services (Asset and Facility Management)

Course Contact: Thierry Demathieu

Course Contact Phone: +61 3 9925 8359

Course Contact Email:

Name and Contact Details of All Other Relevant Staff

Nominal Hours: 25

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites


Course Description

This unit of competency specifies the outcomes required to plan for the management of assets. It requires the ability to implement effective strategies to manage the operational, resource and maintenance needs of assets and to review and evaluate those strategies. The unit may form part of the licensing requirements for persons working in the property industry, including in the real estate, business broking, stock and station agency and property operations and development sectors, in those States and Territories where these are regulated activities.

National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

CPPDSM5022A Implement asset management plan


1 Establish performance needs of assets.

Performance Criteria:

1.1 Asset performance needs are established in consultation with relevant people according to organisational requirements.
1.2 Risk assessment is conducted on asset management outcomes according to organisational and legislative requirements.
1.3 Industry benchmarks are analysed to determine expected asset performance in varying conditions according to organisational requirements.
1.4 Applicable legislation is interpreted in order to establish user, contractual and legislative requirements for asset performance.
1.5 Specifications, conditions and manufacturer requirements for asset maintenance and operation are identified for incorporation into plan.


2 Prepare asset management plan.

Performance Criteria:

2.1 Asset management plan is prepared that facilitates achievement of identified aims and objectives.
2.2 Operational and maintenance schedule detailing a range of activities and time lines is incorporated into asset management plan.
2.3 Asset management plan is presented to client for review according to organisational requirements.
2.4 Quality assurance goals and strategies related to implementation of the plan are communicated using established communication channels.
2.5 Monitoring and reporting arrangements for asset management plan are established and documented in line with client requirements.
2.6 Financial, physical and human resource requirements are identified and arranged according to asset management plan and organisational requirements.
2.7 Roles and responsibilities for establishing and maintaining asset register are identified and documented according to client and legislative requirements.


3 Review and evaluate asset management plan.

Performance Criteria:

3.1 Maintenance strategies and plans are reviewed and evaluated in consultation with client and relevant people using appropriate communication techniques.
3.2 Systematic review processes and established evaluation methods are identified and used to assess planning processes and outcomes.
3.3 Evaluation results are prepared in required format, style and structure and presented to relevant people within agreed timeframes.
3.4 Recommendations for improvement of plan are presented to relevant people according to organisational procedures
3.5 Business equipment and technology are used

Learning Outcomes

Refer to Elements

Details of Learning Activities

Students will be involved in the following learning activities to meet requirements for this competency:
• Face to Face classes
• Simulated Workplace Learning
• Online learning via blackboard
• Other forms of structured teaching and learning
Students will be observed and assessed through their planned activities throughout the duration of the course

Teaching Schedule

This competency is a clustered delivery and forms part of Theme 3 which has three Competencies:

CPPDSM5022A Implement asset management plan
CPPDSM5021A Implement asset maintenance strategy
BSBSUS501A Develop workplace policy and procedures for sustainability


Semester 1
RMIT CodeCPP50511 Diploma of Property Services
 (Asset and Facility Management) 
RMIT C5298
T309/04/2019MKTG6025CCPPDSM5022A Implement asset management plan
T316/04/2019MKTG6024CCPPDSM5021A Implement asset maintenance strategy
T323/04/2019BUSM6352CBSBSUS501A Develop workplace policy and procedures for sustainability
T31/05/2019BUSM6352CBSBSUS501A Develop workplace policy and procedures for sustainability
T37/05/2019BUSM6352CBSBSUS501A Develop workplace policy and procedures for sustainability


Learning Resources

Prescribed Texts


Other Resources

Students will be able to access course information and learning materials through myRMIT and may be provided with additional materials in class. Lists of relevant reference books, resources in the library and accessible Internet sites will be provided where possible. During the course, you will be directed to websites to enhance your knowledge and understanding of difficult concepts.

Overview of Assessment

Assessment may incorporate a variety of methods including written/oral activities and demonstration of practical skills to the relevant industry standards. Participants are advised that they are likely to be asked to personally demonstrate their assessment activities to their teacher/assessor. Feedback will be provided throughout the course.

Assessment Tasks

Students must pass each of the following assessment tasks to demonstrate competency


Assessment 1

Project plan


Assessment Tasks

Students must pass each of the following assessment tasks to demonstrate competent.


Assessment 1

Project plan

These tasks assesses the following Course Learning Outcomes (CLOs):

Assessment Matrix

Element / Performance Criteria Covered

Assessment 1





























 To be deemed competent you must demonstrate an understanding of all aspects required of the competency. Assessment methods have been designed to measure your achievement of each competency in a flexible manner over multiple tasks.

Other Information

Credit Transfer and/or Recognition of Prior Learning (RPL):
You may be eligible for credit towards courses in your program if you have already met the learning/competency outcomes through previous learning and/or industry experience. To be eligible for credit towards a course, you must demonstrate that you have already completed learning and/or gained industry experience that is:

• Relevant
• Current
• Satisfies the learning/competency outcomes of the course

Please refer to to find more information about credit transfer and RPL.

Study and Learning Support:
Study and Learning Centre (SLC) provides free learning and academic development advice to you. Services offered by SLC to support your numeracy and literacy skills are:
• Assignment writing, thesis writing and study skills advice
• Maths and science developmental support and advice
• English language development

Please refer to to find more information about Study and Learning Support.

Disability Liaison Unit:
If you are suffering from long-term medical condition or disability, you should contact Disability Liaison Unit to seek advice and support to complete your studies.
Please refer to to find more information about services offered by Disability Liaison Unit.

Late Submission:
If you require an Extension of Submittable Work (assignments, reports or project work etc.) for seven calendar days or less (from the original due date) and have valid reasons, you must complete an Application for Extension of Submittable Work (7 Calendar Days or less) form and lodge it with the Senior Educator/ Program Manager.

The application must be lodged no later than one working day before the official due date. You will be notified within no more than two working days of the date of lodgement as to whether the extension has been granted.
If you seek an Extension of Submittable Work for more than seven calendar days (from the original due date), you must lodge an Application for Special Consideration form under the provisions of the Special Consideration Policy, preferably prior to, but no later than two working days after the official due date.

Submittable Work (assignments, reports or project work etc.) submitted late without approval of an extension will not be accepted or marked.

Special Consideration:
Please refer to to find more information about special consideration.

Plagiarism is a form of cheating and it is very serious academic offence that may lead to expulsion from the university.
Please refer to to find more information about plagiarism.

Email Communication:
All email communications will be sent to your RMIT email address and you must regularly check your RMIT emails.


Course Overview: Access Course Overview