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IND3315Engineering economy(ENG)
P J Gregory 6 points + 22 lectures, 22 laboratory and tutorial hours + Second semester + Caulfield + Prohibitions: IND3722, IND4722 Synopsis: Introduction to financial planning and control: structure and content of financial statements: accounting and costing terminology: Cost Volume Profit analysis: budgeting, product costing, cost control: time value of money: discounted cash flow, payback and accounting rate of return methods for project evaluation: cost of capital, depreciation and taxation issues: working capital management: financial and non-financial indicators to monitor organisational performance and productivity improvement: application to projects incorporating methods engineering and facilities design improvements. Assessment: Examination (3 hours): 70% + Assignments: 30% |
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