Information •
Engineering Management Principles & Economics
Course web site: Moodle – Access from www.myconcordia.ca – Use netname and password to access portal
ENGR 301 H Instructor: Samir El-Omari
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[email protected] • Office Hours: – Tuesdays 12:00 – 14:00 in Room EV-6-207
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Course Outline
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2. • • • • • • •
Organizational Structure Project Delivery Systems Contracts Planning Scheduling Cost Control
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• “A Guide to the Project Management Body of Knowledge”, Project Management Institute, 2004. • Principals of Engineering Economics Analysis, 1998, 4th Edition, White, J. A., Case, K.E., Pratt, D.B., And Agee M. H., John Wiley and Sons. • Professional Construction Management, 1994, Barrie, D.S., and Paulson, B.C., McGraw Hill Inc., N.Y. • Construction Project Management, Clough, R.H., and Sears, G.A., 1991, John Wiley and Sons Inc., N.Y.
“Engineering Economics Analysis: Canadian Edition”, Newnan, D. G., Whittaker, J., Eschenbach, T. G., Lavelle, J. P., Oxford University Press, 2006.
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Economics Time Value of Money Interest and Equivalence Evaluation of Projects Comparison between Alternatives Inflation Depreciation Taxation
Other References
Course Textbook
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Course Outline
1. Engineering Management • • • • • •
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Grade Distribution • Assignments:
10%
• Midterm Exam:
30%
• Quiz:
5%
• Final Exam:
55%
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Assignments • Submitted on the due date, before the class. • Electronic submission of assignments will not be accepted. • A cover sheet provided in the course website must be used to submit assignments. • Collaboration among students is encouraged, as long as the integrity of each individual work is maintained. 7
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Project A Project is a temporary endeavor undertaken to create a unique product,
Engineering Management
services or result. PMI
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Project
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Project
• Temporary
• Unique
– Definite beginning and definite end. – End is reached when:
– Has not been done before. – Even if category is large.
• Project objectives are achieved. • It’s clear that project objectives can not be met.
(Ex. Office buildings: owner, location, design, ….etc.)
– Temporary is not short – Projects does not generally apply to product or service.
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Project Management
Project Manager
Project Management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements. Project management is accomplished through the application and integration of the project management processes of initiating, planning, executing, monitoring and controlling, and closing. PMI S. El-Omari
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The Project Manager is the person responsible for accomplishing the project objectives. PMI
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Project Management Knowledge Areas
Project Management Objectives To deliver a project on target: Time, Cost, Quality Time
• Triangle of Values
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Quality
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Project Management Knowledge Areas
Project Management Knowledge Areas
• Project Integration Management Processes required to ensure proper coordination of various project elements and includes:
• Project Scope Management Processes required to ensure that project includes all the work required and includes:
– Project Plan Development – Project Plan Execution – Integration Change Control
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– – – – –
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Initiation Scope Planning Scope Definition Scope Verification Scope Change Control
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Project Management Knowledge Areas
Project Management Knowledge Areas
• Project Time Management Processes required to ensure timely completion of the project and includes: – – – – –
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• Project Cost Management Processes required to ensure the project is completed within the planned budget and includes:
Activity definition Activity Sequencing Activity Duration Estimation Schedule Development Schedule Control
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– Resource Planning – Cost Estimating – Cost Budgeting – Cost Control
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Project Management Knowledge Areas
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– Organizational Planning – Staff Acquisition – Team Development
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Project Management Knowledge Areas
• Project Communications Management Processes required to ensure timely and appropriate handling of project information and includes:
• Project Risk Management Processes concerned with identifying, analyzing, and responding to project risk and includes:
– Communications Planning – Information Distribution – Performance Reporting – Administrative Closure
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• Project Human Resource Management Processes required to ensure most effective use of people involved and includes:
Project Management Knowledge Areas
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Project Management Knowledge Areas
• Project Quality Management Processes required to ensure the project satisfies the needs for which it was undertaken and includes: • Quality Planning • Quality Assurance • Quality Control
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– Risk Management Planning – Risk Identification – Qualitative Risk Analysis – Risk Response Planning – Risk Monitoring and Control 23
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Project Phases / Project Life Cycle
Project Management Knowledge Areas • Project Procurement Management Processes required to acquire goods & services from outside organization and includes:
• Projects are divided into several phases to ensure management control.
– Procurement Planning – Solicitation Planning – Solicitation – Source Selection – Contract Administration – Contract Closeout S. El-Omari
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• All project phases represent the Project Life Cycle
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Project Phases • Inception – by investor / owner – where the project is first visualized. • Planning and Definition - by investor / owner – rough estimate of the project duration, budget and plan are developed. •
Design – by Architect / Engineer – components of the project are designed.
• Procurement and construction – by contractor – purchasing necessary good and construction. • Start up and commissioning – by contractor – where project is delivered to the owner
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Project Delivery Methods
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