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Future of Engineering Management as Administrative and Vocational Business


Summary

Engineering Management is one of the most prominent types of modern management which has become a requirement in any of the activities and engineering activities. The Engineering Department aims at activating the administrative bases in all engineering projects and events. It participates with the other departments in the planning, Engineering Project.

There is a great correlation between the economic and engineering sciences alike. It can be said that the engineering economy is part of the work of the engineering administration which is directed towards the logical application of the work of economic production. In the case of engineering projects, it must be studied by the engineering and economic parties simultaneously. The economic study shows its advantage over the engineering study of the project. In other words, in the absence of any economic feasibility of the project, it will be canceled immediately, regardless of the engineering features available in this project. Therefore, the so-called engineering economy or management Ndsah.

What is the definition of the engineering economy?

The engineering economy is defined as the relationship in which engineering is used very successfully, in order to define economic applications that meet the needs and desires of the people, as well as an evaluation of all the benefits that the project contributes to.

Capital expenditure projects are consistently in most of the heavy industries: oil, gas, mining and utilities. The element of material is always the main element of total expenditure and can account for more than 50% of the budget. It is, however, the most overlooked element. Projects are usually delayed due to inadequate material management. The British Academy for Training and Development offers a project management course that focuses on the effectiveness of material management and how to integrate it into the project plan, from planning and design to procurement, vendor monitoring, construction and even final liquidation.

Objectives and target group

This Course is provided for the following Target Audience:

  • Engineering and construction engineers who wish to pursue their studies in engineering management.
  • Engineering project managers and their deputies.
  • Directors and owners of large commercial and industrial companies.
  • General Managers in public and private companies.
  • Directors of internal audit offices in companies.
  • Managers of the audit and audit department in companies.
  • All employees in the field of financial control in companies.
  • All students seeking contemporary approaches in financial auditing and how to detect risks.

How participants will benefit from attending a riskـbased audit course:

At the end of the course, the participants will know:

  • Methods of modern and contemporary financial auditing and its role in building the mechanism of work and directing management.
  • Risks and problems that may be discovered by company managers through the company’s auditors and financial auditors.
  • The great role of financial auditing and the role of internal audit offices in avoiding the company’s financial problems.
  • Disclosing the problems and mistakes of the company’s financial accountants and reviewing the financial reports.

Course Content

  • Material management planning.
  • Programming or preliminary design of materials management.
  • Purchase and vendor control.
  • Construction processes.Summary liquidation.
  • Sourcing skills and equipment capital expenditure projects.
  • Investment concept.
  • Study of investment opportunities.
  • Feasibility study of investment.
  • Technical feasibility study.
  • Marketing feasibility study.
  • Final Evaluation.
  • Project implementation stage.
  • Transactions stage and its characteristics.
  • Introduction to Project Risk Management.
  • Sources of Project Risks.
  • Project Risk Analysis.
  • Risk Management Laws, Principles and Standards.
  • Risk Management - Implementation Strategy / Plan.
  • Methods of risk assessment.
  • Precautions to be taken for avoiding risks.
  • Relationship between risks and the institution policies and procedures.
  • Reasons for assessing risks and taking the necessary precautions.
  • Methods of certification of risk assessment and necessary precautions.
  • Methods of dealing with some risks resulting from corruption.
  • The proper time to take the necessary precautions.
  • Risk assessment categories.
  • Risk assessment field work.

Course Date

2019-09-23

2019-12-23

2020-03-23

2020-06-22

Course Cost

Note / Price varies according to the selected city

Members NO. : 1
£3450 / Member

Members NO. : 2 - 3
£2760 / Member

Members NO. : + 3
£2242.5 / Member

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