1996 Swinburne Higher Education Handbook

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MM71 8 Financial Risk Management
6 credit points 2 hours per week Hawthorn
Instruction: lectures and tutorials
A first year subject in the Graduate Diploma of Risk
Management
Objectives
To further develop a practical understanding of how risk
may be effectively managed, and how this relates to the
various financial structures within the country.
Content
Risk management systems organisational and national
structures, crisis management systems, and Assessment: of
organisation effectiveness; types of financial risk;
financial instruments and their use; the timing of
financial risk; tax effects associated with financial risk;
cost benefit analysis principles and techniques;
forecasting techniques; project financing.
Reference
Carew, E., Fast Money 3. North Sydney, Allen & Unwin, 1991
MM740 Instrumentation and
Measurement Systems
5 credit points 2 hours per week Hawthorn
Assessment: assignment, laboratory and examination
A first year subject in the Graduate Diploma of Risk
Management
Objectives
To give a basic foundation in the principles and practice
involved in instrumentation and measurement systems used
in the chemical industry.
Content
Principles and role of sensors for the measurement of
displacement, time velocity, force, pressure, flow-rate,
density and temperature. Transduclng elements for
conversion among mechanical, thermal and electrical
quantities, inclu&;lg examples of electro-mechanical,
capacitance, piezo-electric, resistance, inductance, and
thermo-electric transducers.
Analysis of the static and dynamic performance of electromechanical
transducers, input-output characteristics of
transducers; compatibility of transducers, amplifiers,
measuring circuits and recorders in measuring systems.
Applications of digital measurement techniques, digital type
transducers, digital to analogue and analogue to digital
conversions, data transfer and communications between
microcomputers.
Recommended reading
Bell, D.A., Electronic Instrumentation and Measurements. Reston,
VA, Reston Pub. Co., 1983
Del Toro, V., Electrical Engineering Fundamentals. 2nd edn,
Engelwood Cliffs, N.J., Prentice Hall, 1986
Doebelin, E.O., Measurement Systems Application and Design. 4th
edn, Tokyo, McGraw-Hill, 1990
MM741 Control Engineering
4 credit points 2 hours per week Hawthorn
Assessment: assignmeni and examination
A first year subject in the Graduate Diploma of Risk
Management
Objectives
To introduce classical methods of analysis for linear control
systems.
Content
Introduction to closed-loop control definitions, terminology
and examples. Mathematical modellinp; of physical systems
transfer finctions, linearisation, blocKdiagraks of closedloop
systems. Transient analysis the inverse transform and
the time solution of linear models, response of first and
second order systems to a subject impulse and subject step
inputs. Stability analysis Routh's stability criterion for linear
control systems. Frequency response analysis steady state
solution to sinusoidal inputs and the frequency response
function G (jw), representation on logarithmic plots. - Bode
diagrams, nyquist stability criterion.
Recommended reading
Dransfield, P., Systems and Control, Part I and 2. Clayton, Vic.,
Monash University, 1994
Ogata, K., Modern Control Engineering. 2nd edn, Englewood
Cliffs, N.J., Prentice Hall International, 1990
Palm, W.J., Modeling Analysis and Control of Dynamic Systems.
New York, Wiley, 1983
Palm, W.J., Control Systems Engineering. New York, Wiley, 1986
MM755 Equipment Life Cycle
4 credit points 2 hours per week Hawthorn
Assessment: project
A first year subject in the Graduate Diploma of Risk
Management
Objectives
To introduce students to engineering aspect of equipment
life cycle; from conception through definition, realisation,
integration, commissioning, life usage and ultimate
decommissioning/disposal.
Content
Types of equipment; fixed and mobile: equipment
acquisition and procurement cycle; design research and
development; equipment trialling, testing and
demonstration.
Maintenance strategy types and approaches, preventive
maintenance, condition monitoring. Integration and
commissioning process.
Maintenance operations maintenance planning and control,
work planning, resource analysis and allocation,
maintenance activities, repair and performance and
condition monitoring. Maintenance access and creation of
maintenance windows. Measures of maintenance
effectiveness.
Configuration configuration control and modification.
Decommissioning, disposal and system replacement.