Page 63 - Academic Handbook FKM 2017-2018

REFERENCES and interest relationships, which are useful to define
a. The Institution Of Engineer, Engineering certain project criteria that are utilised by engineers
Professionalism and Ethics, 4th Ed, 1995. and project managers to select the best economic
b. Fleddermann, C.B., 2008, Engineering Ethics, choice among several alternatives. Projects
3rd Ed, Prentice Hall. examined will include both product and service-
c. Martin, M.W., & Schinzinger, R., 2005, Ethics in producing investments. The effects of escalation,
Engineering, 4th Ed, McGraw-Hill. inflation, and taxes on the economic analysis of
d. Harris JR, C.E., Pritchard, M.S., Rabin, M.J., alternatives are also discussed. Management of risk
2003, Engineering Ethics, 2nd Ed, Thomson and incorporates the concepts of probability and
Wadsworth. statistics in the evaluation of alternatives. This allows
e. Canning, J., 2007, Workplace Safety for management to determine the probability of success
Occupational Health and Safety (Safety at or failure of the project.
Work Series V4). REFERENCES
f. Safe Work in 21st Centuries (Educational and a. Blank, L., and Tarquin, A., 2012, Engineering
Training for the Next Decade Occupational Economy, 7th Edition, McGraw Hill.
Health and Safety Personnel) National b. Sullivan, W.G., Wicks, E.M., and Koelling, C.P.,
Academy Press, 2006 2012, Engineering Economy, 15th Edition,
g. Idrus, A., Sulaiman, S.A., Khamidi, M.F., 2010, Pearson.
Engineers in Society, Mc Graw Hill Education. c. Park C.S., 2011, Contemporary Engineering
Economics, 5th Edition, Pearson.
d. Whitman, D., and Terry, R., 2012,
BMFG 4623 ENGINEERING ECONOMY AND Fundamentals of Engineering Economics and
MANAGEMENT Decision Analysis, Morgan & Claypool
1.0 LEARNING OUTCOMES Publishers.
At the end of this course, student should be able to:

LO1 Explain the core concepts and principles in BMCU 4011 ENGINEERING SEMINAR
project management and engineering LEARNING OUTCOMES
economics. At the end of this course, students should be able
LO2 Construct critical decision-making tools in an to:
engineering project by analysing project LO1 Identify the professional engineering
management and financial elements. knowledge, practices and responsibilities.
LO3 Generate a comprehensive & viable Project LO2 Gather and sort relevant information with
Proposal and justify by a presentation in regard to the given technical talk.
group discussion session. LO3 Discuss current engineering issues and
SYNOPSIS practices in small group and present the
This course covers engineering economics and reflection in a forum or short report.
managing risk in an organization. Engineering
economics discusses about the time value of money

53