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Engineering Project Economics (4 cr)

Code: TSAE0500-3007

General information


Enrollment
20.11.2023 - 04.01.2024
Registration for the implementation has ended.
Timing
01.01.2024 - 19.05.2024
Implementation has ended.
Number of ECTS credits allocated
4 cr
Local portion
4 cr
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
TSA21SA
Sähkö- ja automaatiotekniikka (AMK)
Course
TSAE0500

Realization has 5 reservations. Total duration of reservations is 7 h 30 min.

Time Topic Location
Mon 04.03.2024 time 14:15 - 15:45
(1 h 30 min)
Suunnitteluprojektin talous TSAE0500-3007
P2_D334 Sulautetut järjestelmät
Mon 11.03.2024 time 14:15 - 15:45
(1 h 30 min)
Suunnitteluprojektin talous TSAE0500-3007
P2_D334 Sulautetut järjestelmät
Mon 18.03.2024 time 14:15 - 15:45
(1 h 30 min)
Suunnitteluprojektin talous TSAE0500-3007
P2_D334 Sulautetut järjestelmät
Mon 25.03.2024 time 14:15 - 15:45
(1 h 30 min)
Suunnitteluprojektin talous TSAE0500-3007
P2_D334 Sulautetut järjestelmät
Mon 08.04.2024 time 14:15 - 15:45
(1 h 30 min)
Suunnitteluprojektin talous TSAE0500-3007
P2_D334 Sulautetut järjestelmät
Changes to reservations may be possible.

Evaluation scale

0-5

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

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.

Qualifications

Basic understanding of automation- and electrical enginerring projects.

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