ECE 51400 - Advanced Engineering Economics

Prerequisite(s): ME 31100 FOR LEVEL UG WITH MIN. GRADE OF D- OR ECE 31200 FOR LEVEL UG WITH MIN. GRADE OF D-

Credit Hours: 3.00. Effective project managers have complete command of their project costs and a thorough understanding of the financial aspects of their business. This course reviews the fundamentals of accounting; examines project cost accounting principles; applications, and impact on profitability; examines the principles of project costing; covers the elements involved in cash management; introduces the framework for how projects are financed and the potential impact financing has on the projects; and a framework for using an effective project cost system. The course is aimed primarily to engineering graduate students interested in project management. Prerequisite: ME 31100 or ECE 31200 and a course in basic Statistics. Typically offered Fall Spring Summer.

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