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TEC3432

Management principles 2

J Mathew

4 points * 26 lecture hours, 13 tutorial hours * Second semester * Caulfield/Peninsula

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? Commercial arrangements: negotiation process, letters of agreement, contracts and their features. 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 Australia, 1994

Stub A and others Project management: Engineering, technology and implementation Prentice-Hall International, 1994


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