GEG6124

Engineering project supervision

Not offered in 1998

K R Cale

6 points
* 78 hours
* First semester
* Gippsland/distance

Objectives The student is expected to develop an understanding of the principles of financial management and project cost analysis; acquire a working knowledge of the structure of engineering contracts; be familiar with the range of project planning techniques for scheduling activities, allocating resources and optimising time/cost.

Synopsis Financial management: mathematics of interest, present worth, nominal and effective interest rates, annuities, equivalent annual costs, project evaluation (NPV and IRR), depreciation and taxation. Engineering contracts: contract law, 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 use of computer packages.

Assessment Examination: 60%
* Assignments: 40%

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
Vermeesh R B and Lindgren K E Business law of Australia 7th edn, Butterworths