Engineering Project EconomicsLaajuus (4 cr)
Code: TSAE0500
Credits
4 op
Teaching language
- Finnish
Responsible person
- Harri Tuukkanen
Objective
You know the key terms and principles of the economics of a design project. You are able to prepare an offer and monitor financial development during the project implementation phase. You develop your leadership skills in an expert organization and understand the impact of management on the success of the company.
Content
Management
Project accounting
Project pricing exercise
Qualifications
Basic understanding of automation- and electrical enginerring projects.
Assessment criteria, satisfactory (1)
(1)
You understand the basics of the economy of a engineering project. You are able to price a product. You know some terminology and part of the other contents of the course. You lack some of the knowledge and skills.
(2)
You understand the basics of the economy of a engineering project. You are able to price a product. You know the terminology and some financial accounting.
Assessment criteria, good (3)
(3)
You understand the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting.
(4)
You master the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting. You are able to make investment calculations and a budget.
Assessment criteria, excellent (5)
(5)
You are able to handle the accounting of a company or a project. You master the costing and are able to implement your knowledge in practice. You master the budgeting and investment calculations. You are able to make decisions based on the financial details.
Enrollment
01.08.2024 - 22.08.2024
Timing
01.08.2024 - 31.12.2024
Number of ECTS credits allocated
4 op
Virtual portion
4 op
Mode of delivery
Online learning
Unit
School of Technology
Campus
Main Campus
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in Electrical and Automation Engineering
Teachers
- Pekka Silvennoinen
Groups
-
TSA22KMASähkö- ja automaatiotekniikka (AMK)
Objectives
You know the key terms and principles of the economics of a design project. You are able to prepare an offer and monitor financial development during the project implementation phase. You develop your leadership skills in an expert organization and understand the impact of management on the success of the company.
Content
Management
Project accounting
Project pricing exercise
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
(1)
You understand the basics of the economy of a engineering project. You are able to price a product. You know some terminology and part of the other contents of the course. You lack some of the knowledge and skills.
(2)
You understand the basics of the economy of a engineering project. You are able to price a product. You know the terminology and some financial accounting.
Evaluation criteria, good (3-4)
(3)
You understand the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting.
(4)
You master the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting. You are able to make investment calculations and a budget.
Evaluation criteria, excellent (5)
(5)
You are able to handle the accounting of a company or a project. You master the costing and are able to implement your knowledge in practice. You master the budgeting and investment calculations. You are able to make decisions based on the financial details.
Prerequisites
Basic understanding of automation- and electrical enginerring projects.
Enrollment
01.08.2024 - 22.08.2024
Timing
01.08.2024 - 31.12.2024
Number of ECTS credits allocated
4 op
Virtual portion
4 op
Mode of delivery
Online learning
Unit
School of Technology
Campus
Lutakko Campus
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in Electrical and Automation Engineering
Teachers
- Pekka Silvennoinen
Groups
-
TSA23KMSInsinööri (AMK), sähkö- ja automaatiotekniikka,monimuototeutus
Objectives
You know the key terms and principles of the economics of a design project. You are able to prepare an offer and monitor financial development during the project implementation phase. You develop your leadership skills in an expert organization and understand the impact of management on the success of the company.
Content
Management
Project accounting
Project pricing exercise
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
(1)
You understand the basics of the economy of a engineering project. You are able to price a product. You know some terminology and part of the other contents of the course. You lack some of the knowledge and skills.
(2)
You understand the basics of the economy of a engineering project. You are able to price a product. You know the terminology and some financial accounting.
Evaluation criteria, good (3-4)
(3)
You understand the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting.
(4)
You master the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting. You are able to make investment calculations and a budget.
Evaluation criteria, excellent (5)
(5)
You are able to handle the accounting of a company or a project. You master the costing and are able to implement your knowledge in practice. You master the budgeting and investment calculations. You are able to make decisions based on the financial details.
Prerequisites
Basic understanding of automation- and electrical enginerring projects.
Enrollment
20.11.2023 - 04.01.2024
Timing
01.01.2024 - 19.05.2024
Number of ECTS credits allocated
4 op
Mode of delivery
Face-to-face
Unit
School of Technology
Campus
Main Campus
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in Electrical and Automation Engineering
Teachers
- Pekka Silvennoinen
Groups
-
TSA21SASähkö- ja automaatiotekniikka (AMK)
Objectives
You know the key terms and principles of the economics of a design project. You are able to prepare an offer and monitor financial development during the project implementation phase. You develop your leadership skills in an expert organization and understand the impact of management on the success of the company.
Content
Management
Project accounting
Project pricing exercise
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
(1)
You understand the basics of the economy of a engineering project. You are able to price a product. You know some terminology and part of the other contents of the course. You lack some of the knowledge and skills.
(2)
You understand the basics of the economy of a engineering project. You are able to price a product. You know the terminology and some financial accounting.
Evaluation criteria, good (3-4)
(3)
You understand the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting.
(4)
You master the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting. You are able to make investment calculations and a budget.
Evaluation criteria, excellent (5)
(5)
You are able to handle the accounting of a company or a project. You master the costing and are able to implement your knowledge in practice. You master the budgeting and investment calculations. You are able to make decisions based on the financial details.
Prerequisites
Basic understanding of automation- and electrical enginerring projects.
Enrollment
20.11.2023 - 04.01.2024
Timing
01.01.2024 - 19.05.2024
Number of ECTS credits allocated
4 op
Mode of delivery
Face-to-face
Unit
School of Technology
Campus
Main Campus
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in Electrical and Automation Engineering
Teachers
- Pekka Silvennoinen
Groups
-
TSA22SSSähkö- ja automaatiotekniikka (AMK)
Objectives
You know the key terms and principles of the economics of a design project. You are able to prepare an offer and monitor financial development during the project implementation phase. You develop your leadership skills in an expert organization and understand the impact of management on the success of the company.
Content
Management
Project accounting
Project pricing exercise
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
(1)
You understand the basics of the economy of a engineering project. You are able to price a product. You know some terminology and part of the other contents of the course. You lack some of the knowledge and skills.
(2)
You understand the basics of the economy of a engineering project. You are able to price a product. You know the terminology and some financial accounting.
Evaluation criteria, good (3-4)
(3)
You understand the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting.
(4)
You master the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting. You are able to make investment calculations and a budget.
Evaluation criteria, excellent (5)
(5)
You are able to handle the accounting of a company or a project. You master the costing and are able to implement your knowledge in practice. You master the budgeting and investment calculations. You are able to make decisions based on the financial details.
Prerequisites
Basic understanding of automation- and electrical enginerring projects.
Enrollment
01.08.2023 - 24.08.2023
Timing
01.08.2023 - 19.12.2023
Number of ECTS credits allocated
4 op
Virtual portion
1.5 op
Mode of delivery
63 % Face-to-face, 37 % Online learning
Unit
School of Technology
Campus
Main Campus
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in Electrical and Automation Engineering
Teachers
- Pekka Silvennoinen
Groups
-
TSA21KMASähkö- ja automaatiotekniikka (AMK)
-
TSA22KMSSähkö- ja automaatiotekniikka (AMK)
Objectives
You know the key terms and principles of the economics of a design project. You are able to prepare an offer and monitor financial development during the project implementation phase. You develop your leadership skills in an expert organization and understand the impact of management on the success of the company.
Content
Management
Project accounting
Project pricing exercise
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
(1)
You understand the basics of the economy of a engineering project. You are able to price a product. You know some terminology and part of the other contents of the course. You lack some of the knowledge and skills.
(2)
You understand the basics of the economy of a engineering project. You are able to price a product. You know the terminology and some financial accounting.
Evaluation criteria, good (3-4)
(3)
You understand the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting.
(4)
You master the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting. You are able to make investment calculations and a budget.
Evaluation criteria, excellent (5)
(5)
You are able to handle the accounting of a company or a project. You master the costing and are able to implement your knowledge in practice. You master the budgeting and investment calculations. You are able to make decisions based on the financial details.
Prerequisites
Basic understanding of automation- and electrical enginerring projects.
Enrollment
01.11.2022 - 05.01.2023
Timing
09.01.2023 - 31.05.2023
Number of ECTS credits allocated
4 op
Mode of delivery
Face-to-face
Unit
School of Technology
Campus
Main Campus
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in Electrical and Automation Engineering
Teachers
- Pekka Silvennoinen
Groups
-
TSA21SBSähkö- ja automaatiotekniikka (AMK)
Objectives
You know the key terms and principles of the economics of a design project. You are able to prepare an offer and monitor financial development during the project implementation phase. You develop your leadership skills in an expert organization and understand the impact of management on the success of the company.
Content
Management
Project accounting
Project pricing exercise
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
(1)
You understand the basics of the economy of a engineering project. You are able to price a product. You know some terminology and part of the other contents of the course. You lack some of the knowledge and skills.
(2)
You understand the basics of the economy of a engineering project. You are able to price a product. You know the terminology and some financial accounting.
Evaluation criteria, good (3-4)
(3)
You understand the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting.
(4)
You master the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting. You are able to make investment calculations and a budget.
Evaluation criteria, excellent (5)
(5)
You are able to handle the accounting of a company or a project. You master the costing and are able to implement your knowledge in practice. You master the budgeting and investment calculations. You are able to make decisions based on the financial details.
Prerequisites
Basic understanding of automation- and electrical enginerring projects.
Enrollment
01.11.2022 - 05.01.2023
Timing
09.01.2023 - 21.05.2023
Number of ECTS credits allocated
4 op
Mode of delivery
Face-to-face
Unit
School of Technology
Campus
Main Campus
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in Electrical and Automation Engineering
Teachers
- Pekka Silvennoinen
Groups
-
TSA20SABachelor's Degree Programme in Electrical and Automation Engineering
Objectives
You know the key terms and principles of the economics of a design project. You are able to prepare an offer and monitor financial development during the project implementation phase. You develop your leadership skills in an expert organization and understand the impact of management on the success of the company.
Content
Management
Project accounting
Project pricing exercise
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
(1)
You understand the basics of the economy of a engineering project. You are able to price a product. You know some terminology and part of the other contents of the course. You lack some of the knowledge and skills.
(2)
You understand the basics of the economy of a engineering project. You are able to price a product. You know the terminology and some financial accounting.
Evaluation criteria, good (3-4)
(3)
You understand the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting.
(4)
You master the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting. You are able to make investment calculations and a budget.
Evaluation criteria, excellent (5)
(5)
You are able to handle the accounting of a company or a project. You master the costing and are able to implement your knowledge in practice. You master the budgeting and investment calculations. You are able to make decisions based on the financial details.
Prerequisites
Basic understanding of automation- and electrical enginerring projects.
Enrollment
01.08.2022 - 25.08.2022
Timing
29.08.2022 - 31.12.2022
Number of ECTS credits allocated
4 op
Virtual portion
4 op
Mode of delivery
Online learning
Unit
School of Technology
Campus
Main Campus
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in Electrical and Automation Engineering
Teachers
- Pekka Silvennoinen
Groups
-
TSA21KMBSähkö- ja automaatiotekniikka (AMK)
Objectives
You know the key terms and principles of the economics of a design project. You are able to prepare an offer and monitor financial development during the project implementation phase. You develop your leadership skills in an expert organization and understand the impact of management on the success of the company.
Content
Management
Project accounting
Project pricing exercise
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
(1)
You understand the basics of the economy of a engineering project. You are able to price a product. You know some terminology and part of the other contents of the course. You lack some of the knowledge and skills.
(2)
You understand the basics of the economy of a engineering project. You are able to price a product. You know the terminology and some financial accounting.
Evaluation criteria, good (3-4)
(3)
You understand the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting.
(4)
You master the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting. You are able to make investment calculations and a budget.
Evaluation criteria, excellent (5)
(5)
You are able to handle the accounting of a company or a project. You master the costing and are able to implement your knowledge in practice. You master the budgeting and investment calculations. You are able to make decisions based on the financial details.
Prerequisites
Basic understanding of automation- and electrical enginerring projects.
Enrollment
01.11.2021 - 09.01.2022
Timing
01.01.2022 - 15.05.2022
Number of ECTS credits allocated
4 op
Mode of delivery
Face-to-face
Unit
School of Technology
Campus
Main Campus
Teaching languages
- Finnish
Degree programmes
- Bachelor's Degree Programme in Electrical and Automation Engineering
Teachers
- Harri Tuukkanen
Groups
-
TSA20SBBachelor's Degree Programme in Electrical and Automation Engineering
Objectives
You know the key terms and principles of the economics of a design project. You are able to prepare an offer and monitor financial development during the project implementation phase. You develop your leadership skills in an expert organization and understand the impact of management on the success of the company.
Content
Management
Project accounting
Project pricing exercise
Learning materials and recommended literature
Martinsuo ym. 2016 / 2018. Teollisuustalous kehittyvässä liiketoiminnassa
Haverila ym. 2009. Teollisuustalous
Teaching methods
Luokkaopetus. Laskuharjoitukset. Harjoitustyö. Yrityspeli.
Practical training and working life connections
Opintojakson harjoitustyön voi suorittaa ulkopuoliselle toimeksiantajalle.
Exam dates and retake possibilities
EXAM-tentti opintojakson päätteeksi. Yhteensä 3 tenttitilaisuutta.
Student workload
Oppitunnit n. 45h
Yrityspeli n. 12h
Tehtävät ja harjoitustyö n. 40h
Further information for students
Opintojakso toteutetaan yhdessä "TSAE0100-3004 Teollisuustalous" -opintojakson kanssa.
Evaluation scale
0-5
Evaluation criteria, satisfactory (1-2)
(1)
You understand the basics of the economy of a engineering project. You are able to price a product. You know some terminology and part of the other contents of the course. You lack some of the knowledge and skills.
(2)
You understand the basics of the economy of a engineering project. You are able to price a product. You know the terminology and some financial accounting.
Evaluation criteria, good (3-4)
(3)
You understand the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting.
(4)
You master the essential subjects of the course. You are also able to interpret the key performance indicators of a company and you understand the essentias of financial accounting and management accounting. You are able to make investment calculations and a budget.
Evaluation criteria, excellent (5)
(5)
You are able to handle the accounting of a company or a project. You master the costing and are able to implement your knowledge in practice. You master the budgeting and investment calculations. You are able to make decisions based on the financial details.
Prerequisites
Basic understanding of automation- and electrical enginerring projects.