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Financial and Economic Decision Making for Engineers and Managers

Course Dates:
9-10 May 2018

This course is located in Doha, Qatar at the Texas A&M University at Qatar Engineering Building

Course Overview:
The engineering infrastructure projects such modern highways, railroads, and waterways world-wide need sound systematic and well-grounded financial methodologies to predict, estimate, and analysis their initial capital investment, financial implications, and life cycle costs. When economic decisions are made, the decision makers typically generate reliable data on variety of envisioned projects including their life cycle costs, priority and importance to the end users, and financial constraints associated with these projects.
Selection of an optimal alternative requires consideration of both technical performance and long-term and short-term costs to ensure its optimum return on the invested capital. Often there are other competing needs for funds, so engineers and managers must be able advance their case appropriately.
Financial and Economic Decision Making deals with objective methods that enable decision-makers to evaluate and compare alternatives using sound analytical methods.

Learning Outcomes:
This 2-day course is intended for industry and government personnel who assist management with decision-making relating to technical alternatives. Tools and techniques presented in this course could also be used for making cost-effective choices in personal lives as well (e.g. fuel efficiency of hybrid vehicles, purchase of homes, renting versus purchasing, etc.). Members of the general public with an interest in accounting can also benefit from this extremely practical course.
The course materials include two case studies which are discussed extensively during the 2-day instruction period.

Who Should Attend:
This course will be highly beneficial for:
- Plant and General Managers
- Supply and Logistics Managers
- General Managers and Associate Managers
- Facility Managers
- Directors and Associate Directors of divisions or units in organizations
- Technical and Information Systems managers

Stock number:6256712 Price:$0.00

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TAMUQ Continuing Education Services

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