ENGINEERING ECONOMY

Course Description

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ENGINEERING ECONOMY

Evaluation Tools (Active Term)

Course outcomes

1. 01 Recognize the fundamental concepts of engineering economy
2. 02 Apply engineering economy factors to account for the time value of money
3. 03 Analyze Service, revenue, mutually exclusive and independent alternatives
4. 04 Perform economic analysis of alternatives using present worth, annual worth, future worth and rate of return methods.
5. 05 Evaluate projects using rate-of -return and benefit/cost ratio methods
6. 06 Decide the level of activity necessary or the value of a parameter to breakeven.
7. 07 Combine the effects of inflation into an economic analysis whenever necessary

Course Syllabus

Reference Books & Course Materials

1. 01 Leland Blank and Anthony Tarquin "Basic of Engineering Economy" ,Mc Graw Hill, 1st edition, 2008.
2. 02 Leland Blank and Anthony Tarquin “Engineering Economy”, Mc Graw Hill, sixth edition, 2005.
3. 03 William G. Sullivan, Elin M. Wicks and James T. Luxhoj “Engineering Economy”, Thirteenth edition, Pearson Prentice-Hall, 2006.

Learning Outcomes

1. L01 Recognize the fundamental concepts of engineering economy
2. L02 Apply engineering economy factors to account for the time value of money
3. L03 Analyze Service, revenue, mutually exclusive and independent alternatives
4. L04 Perform economic analysis of alternatives using present worth, annual worth, future worth and rate of return methods.
5. L05 Evaluate projects using rate-of -return and benefit/cost ratio methods
6. L06 Decide the level of activity necessary or the value of a parameter to breakeven.
7. L07 Combine the effects of inflation into an economic analysis whenever necessary

Program Outcomes

1. P01 Be able to understand and apply security protocol and tools to security challenges faced in organizations
2. P02 Be able to design security software to combat security issues
3. P03 Be able to identify, categorize, and develop security solutions for computer orientated challenges.
4. P04 Be able to demonstrate autonomy and responsibility in managing computer security projects
5. P05 Be able to follow the state of the arts concepts in computer technology security
6. P06 Be able to design, implement, and evaluate a computational system to meet desired security needs within realistic constraints
7. P07 Be able to use appropriate security techniques, protocols, skills, and tools necessary for securing computer systems
8. P08 Be able to apply effective communication skills consistent with the professional environment
9. P09 Be able to apply effective collaboration skills in teamwork consistent with the professional environment
10. P10 Be able to apply appropriate security technology and techniques to facilitate a safe operation in an organization

Po-Lo Matrix