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Department of Mechanical Engineering
ME 311 | Course Introduction and Application Information
| Course Name |
Cost Analysis and Engineering Management
|
|
Code
|
Semester
|
Theory
(hour/week) |
Application/Lab
(hour/week) |
Local Credits
|
ECTS
|
|
ME 311
|
FALL
|
3
|
0
|
3
|
4
|
| Prerequisites | None | |||||
| Course Language | English | |||||
| Course Type | ELECTIVE_COURSE | |||||
| Course Level | First Cycle | |||||
| Mode of Delivery | Face to face | |||||
| Teaching Methods and Techniques of the Course | Lecture | |||||
| National Occupational Classification Code | - | |||||
| Course Coordinator |
|
|||||
| Course Lecturer(s) |
|
|||||
| Assistant(s) | - | |||||
| Course Objectives | This course aims to teach the basic cost elements and cost analysis, to make students to be aware of interest and money-time relationship, to teach how to compare alternatives, to introduce the basic concepts of project management and to give managerial perspective to students to conduct large scale projects | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Learning Outcomes |
The students who succeeded in this course;
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||
| Course Description | This course covers introduction to cost concepts and BEP analysis, interest and money-time relationship, basic concepts and elements of project management, the role of project manager, the role of projects in the organization, project budgeting and activity scheduling, comparison of projects, project monitoring and ending of projects topics. | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Related Sustainable Development Goals |
-
|
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|
|
Core Courses |
|
| Major Area Courses |
|
|
| Supportive Courses |
X
|
|
| Media and Managment Skills Courses |
|
|
| Transferable Skill Courses |
|
WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES
| Week | Subjects | Required Materials | Learning Outcome |
| 1 | Cost concepts and Break-even analysis | Lecture Notes | LO1 |
| 2 | Interest, money and time relations | Chapter 2, Basics of Engineering Economy, Leland Blank, Anthony Tarquin, Ronald A. Kohser, Wayne Anderson | LO2 |
| 3 | Interest, money and time relations | Chapter 2, Basics of Engineering Economy, Leland Blank, Anthony Tarquin, Ronald A. Kohser, Wayne Anderson | LO2 |
| 4 | Evaluation of investments | Chapters 3 and 4, Basics of Engineering Economy, Leland Blank, Anthony Tarquin | LO2 |
| 5 | Comparison of options | Chapters 5 and 6, Basics of Engineering Economy, Leland Blank, Anthony Tarquin | LO2 |
| 6 | Comparison of options | Chapters 7 and 8, Basics of Engineering Economy, Leland Blank, Anthony Tarquin | LO2 |
| 7 | Projects and the role of the project manager and their relationship with the environment | Chapter3 and 4, Project Management, Meredith, Mantel, Shafer, Wiley | LO3 |
| 8 | Midterm Exam | - | |
| 9 | Places of projects within the organization | Chapter 5, Project Management, Meredith, Mantel, Shafer, Wiley | LO3 |
| 10 | Business and risk planning | Chapter 6, Project Management, Meredith, Mantel, Shafer, Wiley | LO4 |
| 11 | Cost and budgeting | Chapter 7, Project Management, Meredith, Mantel, Shafer, Wiley | LO4 |
| 12 | Project activities calendaring | Chapter 8, Project Management, Meredith, Mantel, Shafer, Wiley | LO4 |
| 13 | resource distribution | Chapter 9, Project Management, Meredith, Mantel, Shafer, Wiley | LO5 |
| 14 | Information requirements and supervision of project work | Chapter 10, Project Management, Meredith, Mantel, Shafer, Wiley | LO5 |
| 15 | Evaluation and termination | Chapters 11, 12 and 13, Project Management, Meredith, Mantel, Shafer, Wiley | LO5 |
| 16 | Final Exam | - |
| Course Notes/Textbooks |
Basics of Engineering Economy Leland Blank Anthony Tarquin McGraw Hill (ISBN-10: 0073376353) Project Management Meredith Mantel Shafer Wiley (ISBN-10: 1118945832) |
| Suggested Readings/Materials | - |
EVALUATION SYSTEM
| Semester Activities | Number | Weighting | LO1 | LO2 | LO3 | LO4 | LO5 |
| Project | 1 | 30 | X | X | X | ||
| Midterm | 1 | 30 | X | X | X | ||
| Final Exam | 1 | 40 | X | X | X | X | X |
| Total | 3 | 100 |
ECTS / WORKLOAD TABLE
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| Participation | - | - | - |
| Theoretical Course Hours | 16 | 3 | 48 |
| Laboratory / Application Hours | - | - | - |
| Study Hours Out of Class | 14 | 2 | 28 |
| Field Work | - | - | - |
| Quizzes / Studio Critiques | - | - | - |
| Portfolio | - | - | - |
| Homework / Assignments | - | - | - |
| Presentation / Jury | - | - | - |
| Project | 1 | 15 | 15 |
| Seminar / Workshop | - | - | - |
| Oral Exams | - | - | - |
| Midterms | 1 | 14 | 14 |
| Final Exam | 1 | 15 | 15 |
| Total | 120 |
COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP
| # | PC Sub | Program Competencies/Outcomes | * Contribution Level | ||||
| 1 | 2 | 3 | 4 | 5 | |||
| No program competency data found. | |||||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
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