Teaching Responsibility
LJMU Schools involved in Delivery:
LJMU Partner Taught
Learning Methods
Lecture
Online
Tutorial
Module Offerings
6003MEQR-SEP-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.
Undertake a technical and economic assessment of a product/project.
2.
Design a viable plan to organise and control the implementation of a project.
3.
Explain the fundamental principles or intellectual property and contract law.
Module Content
Outline Syllabus:
Decision making: Business case models. Technical readiness assessment, technology learning, product life cycle analysis. Costing and investment appraisal - Net Present Value (NPV), Internal Rate of Return (IRR). Cost Benefit Analysis. Sensitivity analysis and quantitative risk assessment. Project management life cycle. Project scope. Project planning to achieve cost, time, and quality objectives. Network techniques and the use of Gantt charts. Project execution. Qualitative risk management. Fundamentals of contract law, contract law in engineering practice, IMechE/IET Model forms of contract. Fundamental principles of intellectual property law for engineers.
Decision making: Business case models. Technical readiness assessment, technology learning, product life cycle analysis. Costing and investment appraisal - Net Present Value (NPV), Internal Rate of Return (IRR). Cost Benefit Analysis. Sensitivity analysis and quantitative risk assessment. Project management life cycle. Project scope. Project planning to achieve cost, time, and quality objectives. Network techniques and the use of Gantt charts. Project execution. Qualitative risk management. Fundamentals of contract law, contract law in engineering practice, IMechE/IET Model forms of contract. Fundamental principles of intellectual property law for engineers.
Module Overview:
This module is designed to develop the core management techniques required to assess the economic viability of a product/project and to design and implement a plan to deliver it.
This module is designed to develop the core management techniques required to assess the economic viability of a product/project and to design and implement a plan to deliver it.
Additional Information:
The module introduces students to the background of industrial management which graduates will experience in the engineering industrial environment
The module introduces students to the background of industrial management which graduates will experience in the engineering industrial environment
Assessments
Centralised Exam
Report