4 points   Semester 1

Unit Co-ordinator : Dr. Kamy Cheng            tel : 9380 3603 ; email : kamy@mech.uwa.edu.au

Aims

1.        to analyse the management of an industrial enterprise;

2.        to understand the implications of financial statements prepared for an industrial enterprise and projects;

3.        to understand effects of different valuation methods upon company's / project’s reported performances;

4.       to apply industrial engineering principles to  management of engineering projects.

Course Outline

Financial considerations in Project Management :

·         profit and loss accounts / balance sheets

·         asset / stock valuation

·         depreciation

·         time value of money

·         npv calculations

·         equipment acquisition

·         capital structure / gearing / leverage

Project planning / scheduling:

·         risk / decision tree

·         Gantt chart

·         network diagrams / critical path

·         PERT chart

Financial Management in Project Engineering :

·         cost estimates

·         budgeting

·         cash flow analysis

Case Studies

·         guest speakers presenting the industrial approach in various aspects of  project engineering

Contact Hours

Assessment

          One assignment 30 %