Semester: |
3 |
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Course Code |
MA2300 |
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Course Name |
Management for Engineers |
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Credit Value |
3 |
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Pre-requisites |
None |
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Core/Optiona |
Core for Electrical & Electronic, Mechanical and Manufacturing & Industrial Engineering Undergraduates |
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Hourly Breakdown |
Theory |
Small Group Activities |
Independent Learning |
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29 |
16 |
105 |
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Course Aim(s): To introduce managerial aspects for performing a multitasking role as an engineering manager.
Intended Learning Outcomes: ➢ appreciate the multitasking role of an engineering manager. ➢ formulate vision, mission, objectives, goals, and strategies for an organisation. ➢ appreciate human resource optimisation in organisations ➢ discuss the laws pertaining to business, occupational health and safety, and the environment ➢ analyse financial statements for decision-making. ➢ apply principles of project management to plan and schedule a project. |
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Course Content: (Only main topics & subtopics) ➢ Multitasking Role of a Manager and Management Approaches: Evolution of management theory; scientific management; behavioural management; contemporary approaches. ➢ Strategic Management: Environmental analysis; SWOT; SOAR; PEST; Porter's five force model; competitive strategies; mission; vision; values and goals; organisation structure and culture; Customer focus and marketing; Corporate, business and operational strategies in organisations. ➢ Human Resource Optimisation in Organisations: Human resources management: talent and skill development; recruitment process; technology management. ➢ Legal Aspects of Management: Introduction to business law; the law relating to employment; occupational health and safety; environmental law. ➢ Financial Aspects of Management: Principles of corporate finance; Investment decisions: capital budgeting techniques (Pay Back, NPV, IRR, Profitability); financing decision; life cycle financing; financial statements and accounting; cash management. ➢ Principles of Project Management: Project planning and scheduling: critical path analysis, network crashing, Gantt chart and resource allocation and cash flow analysis; monitoring and controlling project costs, quality, and time. |
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Teaching/Learning Methods: ➢ Lectures ➢ Student Based Activities |
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Assessment Strategy: |
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Continuous Assessment |
Final Assessment |
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Small Group Activities 30% Quizzes 20% |
Theory |
Practical |
Other |
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Recommended Reading: ➢ Fred, R. D. (2011). Strategic Management Concepts and Cases (13th Edition). Prentice Hall, USA. ➢ Philip, K. and Gary, A. (2012). Principles of Marketing (14th Edition). Pearson Prentice Hall, UK. ➢ Project Management Institute Inc. (2013). A guide to the Project Management Body of Knowledge (5th edition). Project Management Institute Inc, USA. ➢ Raymond A. Noe, at al. (2016). Fundamentals of Human Resource Management (6th Edition). McGraw Hill Education, USA. ➢ Stephen, A. R., Radolph, W. W. & Bradford, D. J. (2008). Fundamentals of Corporate Finance (6th Edition). McGraw-Hill Irwin. ➢ Stephen, P. R., David A, D. & Mary, C. (2013). Fundamentals of Management (8th Edition). Pearson, USA. ➢ Weerasooria, W. (2010). Commercial Law (1st Edition). Project Management Institute, Sri Lanka. |