Advanced Certificate in Cost Engineering (ACCE)
January 25 - 29, 2015 - Abu Dhabi, UAE SGT.U.N International
marketing@info.tun.sg
Phone:+6563763177
A succinct job description for an engineer consists of two words: problem solver. Broadly speaking, engineers use knowledge to find new ways of doing things economically. Engineering design solutions do not exist in a vacuum but within the context of a business opportunity. Given that every problem has multiple solutions, the issue is: How does one rationally select the design with the most favourable economic result? The answer to this question can also be put forth in two words: Engineering Economy. Engineering Economy provides a systematic framework for evaluating the economic aspects of competing design solutions. Just as engineers model the stress on a support column, or the thermodynamic response of a steam turbine, they must also model the economic impact of their recommendations. Engineering Economy—what is it, and why is it important? The initial reaction of many engineers to these questions is, “Money matters will be handled by someone else. They are not something I need to worry about.” Who Should Attend this Course? • Programme Directors / Managers • Project Directors / Managers • Strategy Directors / Managers • PMO Directors / Managers • PMO Operatives • Senior Project Managers • Head of Service • Directors • Project Planners • Operations Managers • Executive Directors • General Managers