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Engineering project management (6 points)


Leader: D Nag

Gippsland First semester 2003 (OCL)

Synopsis: Financial management: 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. Engineering contracts: contract law, responsibilities of parties to a contract, common types of engineering contract, AS2124, 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%

Contact Hours: 26 lecture hours and 13 tutorial hours

Prerequisites: Completion of level 2

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