Teaching Responsibility

LJMU Schools involved in Delivery:

LJMU Partner Taught

Learning Methods

Lecture
Tutorial

Module Offerings

6565SLT-JAN-PAR

Aims

This module is designed to develop the core management techniques required to design, implement and plan a new product or process.

Learning Outcomes

1.
Apply decision making techniques to select a solution to a problem
2.
Apply a fundamental knowledge of intellectual property law to protect a solution
3.
Define, organise, plan and control a project
4.
Model product cost, sales and profit
5.
Explain fundamental marketing and sales strategies and contract law

Module Content

Outline Syllabus:Decision making tools. Selecting solutions from a range of options. Defining and structuring a project. Developing a specification to meet a customer need. Organisational structures and functions. Product/process analysis visualisation tools (IDEF, Value Stream Mapping) Project planning methods; introduction to current standards (reference to standards such as PRINCE2). Fundamental principles of intellectual property law. Trade secrets, patents and publication. Marketing and sales strategies and fundamentals of contract law. Modelling product cost, sales, and profit. Economic modelling, sensitivities, forecasting cash flow (NPV) and investment appraisal. Management of people and teams.
Additional Information:The module introduces students to the background of industrial management which graduates will experience in the engineering industrial environment

Assessments

Exam
Report