James Cook University Subject Handbook - 2000

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CS4000:03

Systems Engineering and Management 2

Townsville

Prerequisites: CS3007

39 lectures, 26 tutorials. First semester.

Available to civil and environmental engineering students.

Engineering Economics: Economic evaluation of engineering projects; Break-even analysis; Depreciation; Economic life of capital assets.

Accounting for Engineers: Transactions, P & L statement; Balance sheet; Accounting ratios for liquidity, profitability, return on investment etc.

Legal Issues: Contract management; Conflict resolution, Ethics; Patents.

Human Resource Management: Organising, motivating and directing; Productivity and work measurement; Design of work environment.

Operations Management: Forecasting, Inventory management; Location analysis, plant layout and scheduling.

Learning Objectives:

  1. understand the basic accounting framework and the interpretation of accounting reports, and be able to discuss with accountants, in their language, issues associated with organisational performance;
  2. develop an attitude for working as a team member and leader, dealing with other people and handling contracts and resolving conflicts;
  3. acquire an understanding of economic principles of time value of money, depreciation, inflation and break-even and its application to the evaluation of engineering projects;
  4. learn the tools and concepts relevant to organising, planning and managing engineering projects;
  5. understand the principles of correctly managing production systems.

Assessment by examination (50%-70%); on-course assessment (30%-50%).

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