Online Courses Handbook 2003

6478 (v.4) Engineering Investment and Analysis 660

Area:	Department of Civil Engineering
Contact Hours:	3.0
Credits:	25.0
Tutorial:	1 x 3 Hours Weekly
Economic consequences of engineering management decisions. Capital budgeting. Time value of money. Project and component life, depreciation methods, inflation and obsolescence. Economic replacement policy and comparative method for project evaluation. Interest rates. Cost benefit analysis. The effect of borrowing on investment projects methods of funding. Hire and leasing of plant. Income tax consideration. Risk analysis. Case studies.