ME 31100 - Engineering Economics And Project Management

Prerequisite(s): MA 16400 FOR LEVEL UG WITH MIN. GRADE OF D-

Credit Hours: 3.00. (ECE 31200). Introduction to principles of engineering project management and techniques. Topics include technical feasibility studies, project specifications, scheduling, validation, lifecycle costing, and economic analysis. The focus is on managing an engineering project through scheduling, budgeting, resource management, execution and control. Typically offered Summer Fall Spring.
Course Learning Outcomes
1. Define the terms associated with project engineering.2. Understand and identify engineering ethics.3. Develop economic decision making models incorporating time value of money.4. Apply the decision models developed in solving practical project management problems to select the best alternative.5. Analyze the effect of budget in resource management and estimate costs.6. Identify risks, quantify and plan responses.7. Schedule a project with time constraints, determine critical path.8. Execute, control and terminate a project.

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