Reference no: EM133718561
Course Objectives
• To Offer Framework for cost management in engineering Projects.
• To offer assistance in managerial decision making
• To introduce fundamentals of Personal, Private and Public-sectorFinancing Engineering Projects
• Apply Mathematics of finance to engineering and managerial decision making.
• Introduce the fundamentals of economic analysis used in engineering decision making.
• To introduce Economic Analysis of Replacement and Retention Decisions
• To prepare students for PE/FE Examinations
Learning Outcomes:
This course is one of many that you will take towards your degree in Civil, Construction or Environmental Engineering. Each of our courses are designed as part of your career development in your respective Engineering profession. Program Outcomes are intended to provide a broad base of knowledge to find your career. However, each course in the curriculum emphasizes particular aspects of that overall body of knowledge. Although other outcomes may also be addressed, this course is intended to have a particular emphasis on the following program outcomes
OUTCOME 4:An ability to recognize ethical and professional responsibilities in engineering situations and make informed judgments, which must consider the impact of engineering solutions in global, economic, environmental, and societal contexts.
Assessed by: Homework, Midterm and Final Exam
a) Formulate and solve time value of money problems
b) Apply various Engineering Economy techniques to compare engineering alternatives.
OUTCOME 9:An ability to analyze and design construction processes and systems in a construction engineering specialty field, applying knowledge of methods, materials, equipment, planning, scheduling, safety, and cost analysis.
Assessed by: Case Study
a) Apply results of economic analysis in managerial decision making
b) Apply relevant formulas for financial analysis
OUTCOME 11:An ability to explain basic concepts of management topics such as economics, business, accounting, communications, leadership, decision and optimization methods, engineering economics, engineering management, and cost control.
Assessed by: Homework and _Case Study and Quizzes
a) Explain relevance of engineering economy analysis in the private sector
b) Explain relevance of engineering economy analysis in the public sector
Writing a Research Paper
Some general guidelines to keep in mind while writing a research paper.
Finding a Researchable Topic
• Try to narrow down two or three topics that truly interests you
• Talk with your course instructor and classmates about your topics
• Pose your topics as a question to be answered or a problem to be solved
Finding, Selecting, and Reading Sources
You will need to look at the following types of sources:
• Look up library books using catalog on End of each chapter of the Book- Case or library page on the website. Search using the keyword or subject.
• Use LIRN. This database has peer reviewed full text articles, E-books, newspaper articles etc.
• Open courseware, Magazine and newspaper articles can provide you with some facts.
• Primary vs. secondary sources
Documenting Information
The following systems will help keep you organized:
• Create an annotated bibliography for all your resources. This allows you to cite, summarize and evaluate resources.
• Use Bibme, Citefast or Refdot etc. to organize your content
• If you want to use 10 references, plan to research three times more that would be around 30.
Start your paper from bottom up
• Start by writing references.
• Once you have enough material to start, work on the topic, its significance, etc.
• Use your referenced material to enhance your topic, refute it or build on it.
• Any time a quote is used from the above-organized material, provide in text citation.
Writing the Body
• Use outline and prospectus as flexible guides
• Build your essay around points you want to make (i.e., don't let your sources organize your paper)
• Integrate your sources into your discussion
• Summarize, analyze, explain, and evaluate published work rather than merely reporting it
Writing Abstract
• After completing your paper, write an abstract summarizing the paper.
References
• Make sure all the in-text citations have references. In APA, references have to be alphabetized. They have to follow hanging indentation.
• Generally, balance your references by having some from peer-reviewed journals, some from books and some from internet resources.