Asset Management Engineer

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Job Summary

An Asset Management Engineer develops and maintains the life cycle of physical assets to achieve the stated outputs of a given enterprise. They use a systematic process to efficiently maintain, upgrade and operate physical assets to their optimum level. These engineers usually aim to extend the lifetime and improve performance of the functioning physical assets of an enterprise. This requires an understanding of:
  • asset life-cycles,
  • data collection and use of IT for information management,
  • financial/cost considerations,
  • management scenarios
    • e.g. outsourcing, regulations and quality standards, best practice frameworks, strategic and risk considerations, training, managing and optimising processes, etc. 

Asset management is relevant across a range of industries including transport, construction, electricity, chemical engineering, civil engineering, water/irrigation, mining, etc.

Entrance Requirements

An engineering degree is required. Further postgraduate qualifications in asset management would enhance your employment prospects.

Specialisations

Asset Management Engineers typically specialise in their engineering discipline area.
  • chemical engineering,
  • civil engineering,
  • computer engineering,
  • electrical engineering,
  • environmental engineering,
  • mechanical engineering,
  • mechatronics,
  • software engineering,
  • surveying,
  • telecommunication

Principal Employment Sectors and Industry

Asset Management Engineers work across all engineering sectors.