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 411-204 Process Engineering Management 1

Credit Points

7.1

Coordinator

Professor David Boger and Ms Joan Gravina

Prerequisites

Satisfactory completion of 618-171 Mathematics 1P and 618-172 Mathematics 1Q or equivalent. (From 1999: 620-171 Mathematics 1P and 620-172 Mathematics 1Q or equivalent.)

Corequisites

None

Semester

1

Contact

The total contact hours over the semester will be 36, comprising three hours each week. The unit will consist of about 30 lectures with the balance of the time being tutorials

Subject Description

The objective of this course is to present some of the tools of financial management and project planning.

  • Patterns of cash flow in a project, profitability, cash flow and the time value of money. Cost estimation. Alternative investments. Risk and uncertainty.
  • Companies, partnerships, joint ventures. Sources of funds, shares, gearing, financial ratios. Balance sheets, profit and loss statements, cash forecasts. Introduction to taxation.
  • Elementary cost accounting, budgets and variance analysis.
  • Scheduling, bar charts, simple critical path analysis.

Assessment

One examination not exceeding three-hours at the end of semester one

Search : Index : Faculty of Engineering : Chemical Engineering
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Status:                   Official 1998
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Email Enquiries:          Course_Information@registrar.unimelb.edu.au