Course Description

Module 4 focuses on applying accounting and finance principles as they pertain to maintenance managers.

Topics include:

  • The four main pillars of accounting:
    - Project analysis
    - Budgeting/forecasting
    - Cost analysis for managerial decisions
    - MRO inventory
  • Accounting principles
  • Cost flow in an enterprise system

    Additional Information

    Course Material / Textbook(s) Required:

    • Financial Management for the Maintenance Manager (3rd Edition), PEMAC Custom Publication. ISBN 978-1260068337.
    • PEMAC Module 4 Workbook, Version 11.10

    Please note that the normal refund policy is not in effect for this course.

    Hours: 30


    Modules 1 through 7 can be taken in any order, however it is recommended to start with Module 1: MMPR9101 An Integrated Strategy for Maintenance Management.

    Individuals who complete all eight modules and are members of the  PEMAC Asset Management Association of Canada can apply for the Maintenance Management Professional (MMP) designation from PEMAC.

    Course Offerings

    Combined Online

    A course delivery mode that combines elements of non-scheduled and scheduled activity. Learners will be able to participate partly at times of their own choosing and are also required to participate in some scheduled online learning activities. Scheduled exams may be required.

    Start/End Date

    Nov 19, 2021 - Dec 11, 2021



    8:00 AM - 5:00 PM


    8:00 AM - 5:00 PM





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    • Cart total based on domestic tuition rates. For information about International Tuition rates please see Fee Information
    • If you anticipate applying for a student loan, your payment will be refunded to you based on your loan award once your funding has been received by BVC.

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