6 points, SCA Band 2, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Dr Meng Woo (Clayton)
Dr Babak Salamatinia (Malaysia)
An introduction to the role of engineers in the context of their employment in industry and their interaction with the wider community. Students will obtain an understanding of triple bottom line reporting as a driver for management, involving financial, environmental and the social impact of business. Financial management will include project management, project risk, market analysis, project costing and finance and financial indicators. Environmental management will look at the approval process for new projects and ongoing environmental improvement strategies. Social management will look at company organisation, the role of unions, occupational health and safety law and safety management.
At the successful completion of this unit you will be able to:
- Appraise the role of a professional engineer, Code of Conduct and Ethics.
- Deliberate the factors affecting the market for specific products and an understanding of market risks to industries involved in manufacturing businesses.
- Demonstrate teamwork skills for working in group projects.
- Design the normal project timeline using a GANNT chart, including the hurdles required for financing a new project.
- Appraise the approval process for government jurisdiction for environmental assessment and a plant safety case and have some understanding of the key points of environmental law, and occupational health and safety legislation.
- Demonstrate the ability to carry out the risk assessment and formulate the risk management for a process plant.
- Demonstrate the ability to produce an environmental improvement plan for a process and carry out a HAZOP of a part of a process and draw a fault-tree diagram.
- Demonstrate the ability to estimate the equipment costs for a process, the plant capital and operating costs, including a cash flow analysis and calculate the net present value of a project using discounted cash flow and determine its financial viability.
Continuous assessment: 60%
Final examination (2 hours): 40%
Students are required to achieve at least 45% in the total continuous assessment component (assignments, tests, mid-semester exams, laboratory reports) and at least 45% in the final examination component and an overall mark of 50% to achieve a pass grade in the unit. Students failing to achieve this requirement will be given a maximum of 45% in the unit.
3 hours lectures, 2 hours practice class and 7 hours of private study per week
See also Unit timetable information