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Short Course Online

Evaluating Economic Feasibility of Engineering Projects

University Teknologi PETRONAS

2 days
Duration
455 USD/full
455 USD/full
Unknown
Tuition fee
Anytime
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Apply date
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Start date

About

The Evaluating Economic Feasibility of Engineering Projects course of University Teknologi PETRONAS covers the fundamental concept of engineering economics and its principles, methodology and application of the various methods as well as discussions on issues related to the economic evaluations of capital engineering projects.

Overview

Engineering solutions do not exist in a vacuum but within the context of business opportunities. Engineering solutions must be physically realizable and economically affordable. Hence, engineers must be concerned with the economic consequences of his/her engineering decisions. This course provides the framework for evaluating the economic aspects of the capital engineering projects.

The Evaluating Economic Feasibility of Engineering Projects course of Universiti Teknology PETRONAS will be highly interactive, with opportunities to advance opinions and ideas through workshop. Learning is encouraged in a supportive environment. To ensure the concepts introduced during the program are understood, the course will be reinforced with a mix of learning methods, including lecture style presentation, open discussion, case studies, group work, and sharing of research findings.

Objectives

Upon completion of this course, participants will:

  • Possess a good understanding of engineering economy principles
  • Acquire the skill to model project investment alternatives, techniques of economic analysis, and selection of capital engineering projects
  • Be able to assess the impact of depreciation and taxation on project, project risk and uncertainty, and project economic optimization.

Programme Structure

Courses include:

  • Economics Feasibility Analysis and its principles
  • Cost Concepts and Economic Environment – cost terminology, economic environment
  • Money-Time Relationships and Equivalence – equivalence, cash flow, PV, FV and uniform series
  • Workshop 1: case studies and discussion
  • Economic Analysis of Alternatives – decision making among alternatives

Key information

Duration

  • Part-time
    • 2 days

Start dates & application deadlines

Language

English

Delivered

Online

Academic requirements

We are not aware of any academic requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

Who should attend?

Suitable for all sectors of industries

  • Managers
  • Senior Executives
  • Executives
  • Engineers

Academics, postgraduate and undergraduate students.

Tuition Fee

To alway see correct tuition fees
  • International

    455 USD/full
    Tuition Fee
    Based on the tuition of 455 USD for the full programme during 2 days.
  • National

    455 USD/full
    Tuition Fee
    Based on the tuition of 455 USD for the full programme during 2 days.
  • 1,840 MYR per full programme

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Fresh content

Updated in the last 9 months

Check the official programme website for potential updates.

Our partners

Evaluating Economic Feasibility of Engineering Projects
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University Teknologi PETRONAS

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