Engineering Project Management and Economics unit (ENG408)

Introduction

This unit is for all engineering specialisations, and will be delivered by industry (70%) and academics (30%). It focuses on real projects, case studies, and examples from industry. Project management methods will be outlined, with examples of how modern engineering projects are scoped, proposed, tendered, and contracted for delivery. Skills will be developed to enable planning and management of design, logistics, supply, construction, assembly, commissioning and testing. Fundamentals of engineering project economics will be discussed, including the detailed information required to prepare project financial reports, cashflow models, budgets, and due diligence reports for investment decision.

Summary

Unit name	Engineering Project Management and Economics
Unit code	ENG408
Credit points	12.5
College/School	Sciences and Engineering School of Engineering
Discipline	Engineering
Coordinator	Professor Tim Finnigan
Delivered By
Level	Honours

Availability

Specific information on 2027 unit availability will be available in August

Learning Outcomes

• Define and describe the key elements of a standard engineering project plan.
• Construct an engineering project plan that details the functions and processes to manage schedule, budget and resources.
• Explain concepts of project economics, such as net present value, discounted cashflow, and return on investment
• Develop project financial details, based on the breakdown structure, tasks and duration, with and without the use of software
• Communicate effectively in a written and oral form to achieve leadership and teamwork in a project team environment.

Fee Information

2027 fee information will be available in August.

Requisites

Prerequisites

Completion of 50 credit points of ENG units at intermediate level AND 50 credit points of ENG units at advanced level

Teaching

Assessment	MS Project Plan (20%)|Project plan presentation (20%)|Class test (30%)|Final Report (30%)
Timetable	View the lecture timetable | View the full unit timetable

Textbooks

Required	Required readings will be listed in the unit outline prior to the start of classes.

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.