Semester:

3

Course Code

MA2300

Course Name

Management for Engineers

Credit Value

3

Pre-requisites

None

Core/Optiona

Core for Electrical & Electronic, Mechanical and Manufacturing & Industrial Engineering Undergraduates

Hourly Breakdown

Theory

Small Group Activities

Independent Learning

29

16

105

Course Aim(s): To impart the concepts and frameworks of procurement management and to develop students’ analytical and decision-making skills related to procurement management.

Intended Learning Outcomes:
On completion of the course, students should be able to:

➢      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.

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.

Teaching/Learning Methods:

➢      Lectures

➢      Student Based Activities

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.