Engineering project management
K R Cale
6 points
* 52 lecture hours, 26 tutorial hours
* First and second
semesters
* Gippsland/Distance
* Prerequisites: Completion of level
2
Objectives The student is expected to develop an understanding of the principles of financial management; gain a working knowledge of the structure of engineering contracts; and become familiar with the range of project planning techniques available.
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%
Prescribed texts
Pilcher R Principles of construction management 3rd edn, McGraw-Hill, 1992
Recommended texts
Australian Standard 2124: General conditions of contract 1992
Chang Y L and Sullivan R S Quantitative systems for business plus 2nd edn, Prentice-Hall, 1990
Meredith J R and Mantel S J Project management: A managerial approach 2nd edn, Wiley, 1989
Vermeesh R B and Lindgren K E Business law of Australia 7th edn, Butterworths
Shtub A, Bard J F and Globerson S Project management: Engineering, technology and implementation Prentice-Hall, 1994
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