Good knowledge and interest in manufacturing, operations & management

Introduction to engineering business environments: considering the complex nature of business environments and the major influencing factors for engineering organisations. Characteristics of different types of companies and management structures and styles. Management hierarchies
Professional skills: Leadership, teams and teamwork, motivation and communication.
Engineering marketing and economics: supply and demand, forecasting and market niches, product design and life cycles, pricing distribution, promotion, competitor analysis, globalisation issues.
Accounting for engineers: cost accounting, breakeven analysis, profit and loss accounts, payback, NPV, budgets and budgetary control, financial statements.
Project management: project planning with limited resources, variability in project completion, project crashing, project costing,

On completion of this module you will be able to:
LO1: understand the role of and apply professional skills such as leadership, motivation and teamwork to actual engineering projects;
LO2: analyse market data and assess the economic viability of projects;
LO3: describe the complex nature of business environments and the major influencing factors for
engineering organisation;
LO4: understand and apply accounting techniques to engineering projects;
LO5 apply engineering project management skills and competence in the use of computer based project management tools