Course Title: Engineering Practice 4 Engineering Economics and Infrastructure Planning

Part A: Course Overview

Course Title: Engineering Practice 4 Engineering Economics and Infrastructure Planning

Credit Points: 12.00

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
CIVE1175	City Campus	Undergraduate	120H Civil, Environmental & Chemical Engineering	Face-to-Face	Sem 1 2006, Sem 1 2007, Sem 1 2008, Sem 1 2009, Sem 1 2010, Sem 1 2011, Sem 1 2012

Course Coordinator: Dr Kevin Zhang

Course Coordinator Phone: +61 3 9925 3824

Course Coordinator Email: kevin.zhang@rmit.edu.au

Course Coordinator Location: 10.13.06

Pre-requisite Courses and Assumed Knowledge and Capabilities

None

Course Description

With some sample projects undertaken in both public and private sector organizations as case studies, the course will offer you the opportunity to develop financial, social, environmental and economic components required as inputs in to the engineering design model. You will be introduced to the methods of identifying, evaluation and incorporation of these components.
The demands on the resources of the engineering organisation undertaking the project are also studied and techniques for optimized utilization of resources will be covered.

Objectives/Learning Outcomes/Capability Development

Upon completion of this course you will be able to:
LO1: undertake a complete financial and economic evaluation of a project using several evaluation criteria commonly applied in the assessment of engineering project alternatives.
LO2: demonstrate ability to apply principles of project planning and control.
LO3: understand the basic principles of project life cycle costing, including reporting, planning and evaluation.
LO4: examine from an economic and social viewpoint the feasibility of alternative design solutions.
LO5: demonstrate the ability to apply financial control to a project, including carrying out sensitivity analyses and applying techniques to account for uncertainty in the project design process.

LO1: Given relevant data, undertake a complete financial and economic evaluation of a project using several evaluation criteria commonly applied in the assessment of engineering project alternatives.
LO2: Demonstrate ability to apply principles of project planning and control.
LO3: To understand the basic principles of project life cycle costing, including reporting, planning and evaluation.
LO4: To examine from an economic and social viewpoint the feasibility of alternative design solutions.
LO5: To demonstrate the ability to apply financial control to a project, including carrying out sensitivity analyses and applying techniques to account for uncertainty in the project design process.

Overview of Learning Activities

The course will be conducted in a manner which facilitates the development of professional engineering capabilities. A series of 2 hour lectures will be given covering topics relevant to the achievement of the learning outcomes complemented by 2 hour tutorials where practical problems will be given for students to complete with detailed discussions of solutions. The focus will be on use of actual case studies to demonstrate the processes involved, stressing the relevance of the techniques and tools to the professional engineer’s working environment.
You will be expected to:
• attend lectures
• interact with others in tutorials
• solve problems
• work independently
• prepare for assignments and exam

Overview of Learning Resources

The lecturer will nominate additional learning resources during the on-campus classes.

Overview of Assessment

Assessment comprises of two assignments and a final exam