Handbook

This course covers the financial aspects of projects. The first part covers Engineering Economics, which helps you decide whether the benefits of a project outweigh the costs. The second part of the course covers the financial management of projects, which will make you a better project manager. The course also provides an introduction to how economics affects projects.

Topics covered include: project initiation and development, feasibility studies, planning; economics, review of practical decision making problems and relevant techniques, benefit/cost analysis, methods of economic appraisal; consideration of inflation and taxation in investment decisions; depreciation; management decision processes, decision theory, utility; life-cycle costing, value management; models and techniques to assist the manager, forecasting; optimisation; applications; multiple objective planning; project delivery systems; financial planning, accounting.