ETEM 3520 - Cost Estimation and Analysis for Engineering Management

(3) Credit Hours

Introduction to financial statements, accounting and financial metrics, and cash flow diagrams for engineering management. Justification of technical and capital projects using the time value of money concepts such as equivalent annual cost/worth, rate-of-return, present worth, and benefit-cost ratios. Computer applications are emphasized. Replacement analysis; impacts of depreciation, income taxes, and inflation/deflation. Current practices will be presented.Lecture 3 hours.Pre or Corequisites: ENCE 2220, MATH 2100, or MGT 2130 or department head approval.Credit not allowed for both ETEM 3520 and ENCE 3520.Differential course fee will be assessed.