Economics and Project Management in Mechanical Engineering

This course prepares the students to be acquainted with rational meaningful approaches to evaluating economically different (alternatives) investment opportunities while accomplishing given objectives. The course will also provide the students with the required tools and techniques to consider economic and non- economic factors in evaluating a wide range of industrial and business applications. In addition, the course addresses the fundamentals of project management, as well as the tools and techniques necessary to manage complex projects such as CPM and PERT.