Engineering project management
BI BM BN BR PE BEC
K R Cale
6 points * 52 lecture hours, 26 tutorial hours * First and second semesters * Gippsland/distance * Prerequisites: Completion of level 2
Financial management: mathematics of interest, present worth, nominal and effective interest rates, uniform series payments, equivalent annual costs, project evaluation (NPV and IRR), depreciation, taxation, expected monetary value and risk appraisal in capital investment. Engineering contracts: contract law, legal rights and responsibilities of parties to a contract, common types of engineering contract, AS2124, contract management, negligence, dispute resolution and engineering specifications. Project planning: scheduling of activities, critical path, activity on arrow and precedence diagrams, time/cost optimisation, Gantt charts and resource allocation, probabilistic approach (PERT) and planning repetitive projects (line of balance), use of computer packages.
Assessment
Examination: 80% * Assignments: 20%
Prescribed text
Pilcher R Principles of construction management 3rd edn, McGraw-Hill, 1992
Recommended texts
Australian Standard 2124: General conditions of contract 1992
Chang Y L and Sullivan R S Quantitative systems for business plus 2nd edn, Prentice-Hall, 1990
Meredith J R and Mantel S J Project management: A managerial approach 2nd edn, Wiley, 1989
Vermeesh R B and Lindgren K E Business law of Australia 7th edn, Butterworths