Credits: 3
Pre-requisites: None
Compulsory / Optional: Core for EE
Aim(s)To introduce managerial aspects needed for engineering graduates to perform a multitasking role as Engineering/General Managers in the industrial society, to enable the undergraduates to understand legal, economical, financial, social, environmental and ethical aspects in performing the managerial role of an organization and to facilitate the undergraduates with current practicing tools for the task of management.
Intended Learning Outcomes- Form a team and plan and organize for an engineering project: divide multitasking roles among members of the team.
- Identify and present a general and a risk management approach for managing the selected engineering project as a team.
- Identify and function as different task managers in the project team on legal, human resource, financial and economic.
- Produce outcomes of NPV, critical path, financial statement, Gantt chart for the selected engineering project as a team.
- Produce an ethical framework for the selected engineering project as a team.
- Present the team activity related to the engineering project orally and in writing report.
- Introduction to course, assessments and expectations. Multitasking role of an engineering manager: Basic managerial functions; Different aspects of managerial role; Connectivity of managerial functions and aspects
- Social aspects of management: Human resource management; Industrial psychology.
- Introduction to Management Approaches: Pre-classical contribution; Classical, behavioural and contemporary approaches; Current practises and future trends.
- Organizational Aspects:An organization, structure, culture and systems; Vision, mission and values; The supply chain.
- Legal aspects of management and commercial law: Introduction to Business Law; Environmental Law.
- Occupational health and safety.
- Economic aspects of management:Introduction to micro and macro economics; Basic concepts of economics: demand and supply, labour market, product market.
- Economic analysis of products and projects: NPV, IRR.
- Ethics and Professional Responsibility.
- Financial aspects of management: Introduction to principles of corporate finance.
- Principles of Project Management: Project planning and scheduling: Critical path analysis, project evaluation and review techniques, Gantt chart and resource allocation and cash flow analysis.
| Time Allocation | Hours |
|---|---|
| Lectures | 36 |
| Tutorials Small Group Discussion | 4 |
| Assignments | 10 |
| Independent Learning | 105 |
| Assessment | Percentage Marks |
|---|---|
| Small Group Activities / Case Studies / Assignments / Presentation | 30 |
| Mid-Semester Examination | 20 |
| End Semester Examination | 50 |
