List of all ENGR courses

Information
3 Credits
Available Fall/Winter
Spring/Summer
Lecture

OSU catalog link

Prerequisites
Sophomore standing

 

Contact
Ean Ng
541.737.0570
404 Rogers Hall

Course Description

Critical issues in the management of engineering and high-technology projects are discussed. Economic, time, and performance parameters of engineering projects are analyzed from the organizational and resource perspectives. Network optimization and simulation concepts are introduced. Fundamental engineering economics concepts are introduced and applied to planning and managing projects.

Topics

  • Decision-making and cash-flow diagrams
  • Interest
  • Worth: present/annual
  • Rate of return
  • Breakeven
  • Depreciation and taxes
  • Project definition
  • Project network, scheduling resource and cost
  • Managing project risk
  • Project progress, performance measurement, and evaluation

Learning Outcomes

  1. Perform economic calculations involving the time value of money using standard formulas and tables
  2. Compare alternatives using net present worth, equivalent annual worth, internal rate of return, and benefit-cost analysis
  3. Apply project management techniques to create a structured project plan that includes resource and cost analysis
  4. Understand project risk includes risk assessment, mitigation plans and contingency plans
  5. Apply project management and spreadsheet software to create project management and financial documents such as work breakdown structures, Gantt charts, network diagrams, schedules, financial reports, and status reports