EGM 310 - Project Decision Processes

Credits: 3

An Introduction to Economic Decisions processes and techniques relating to technical processes and projects. This course will show how to properly define economic decision parameters and make project decisions based on economic guidelines such as revenue, cost and product or process perFormance. Concepts of engineering economy are reviewed briefly with respect to estimated value, projected cash flow, and risk associated with engineering projects.

Pre-Requisites: EGM 320 or permission of instructor.
Repeatable: May not be repeated for credit