TEC3432

Management principles 2

P Moriarty

4 points · 26 lecture hours and 13 tutorial hours · Second semester · Caulfield

Objectives To provide training on a selected group of management topics which are likely to confront graduates early in their careers.

Synopsis Product costing and evaluation: components of cost, variation with volume, break even analysis, production/marketing implications. Time value of money, pay back calculations, accounting rate of return, discounted cash flow. Buying models: what decision do buyers make and what are the major influences on these decisions? Safety, environment and occupational health, regulations, codes of practice, Australian standards. Ergonomics, work design and human capacities. Project management: setting objectives, identification of stakeholders, planning, progress control and measurements, commissioning, training and handover, reporting.

Assessment Examination (3 hours): 60% · Practical work and coursework: 40%

Recommended texts

Hirsh M L and others Cost accounting in Australia Nelson, 1989
McCormick E J and others Human factors in engineering and design 6th edn, McGraw-Hill, 1989
Stoner J A F and others Management Prentice-Hall, 1994
Stub A and others Project management: Engineering, technology and implementation Prentice-Hall, 1994

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