Engineering Management 2
Duration
- One Semester or equivalent
Contact hours
- 54 Hours face to face plus blended
On-campus unit delivery combines face-to-face and digital learning.
2023 teaching periods
| Hawthorn Higher Ed. Semester 1 |
Hawthorn Higher Ed. Semester 2 | |
|---|---|---|
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Prerequisites
100 credit points
Aims and objectives
This unit of study aims to introduce you to core operations and business management concepts so that you will be able to identify opportunities that improve business process viability and performance.
Unit Learning Outcomes (ULO)
After successfully completing this unit, you should be able to:
1. Generate a business opportunity idea for a product and/or service and apply basic marketing concepts to evaluate its market potential. (A3, A4)
2. Apply core operations management concepts to create and deliver the developed business. (K5, K6, S1, S2, S4, A1, A2, A4, A5, A6, A7)
3. Describe problem solving methods in operations management including quality management, maintenance and reliability. (K5, S2, S4)
4. Apply basic legal concepts to engineering professional practice including contract and business structure protocols and laws. (A1, A2, A5, A6)
5. Analyse and interpret business performance via basic financial reports. (K5, S4)
6. Describe micro and macroeconomics and its relevance to business management. (K5, S4)
7. Demonstrate the ability to communicate by presenting to an audience and responding to questions. (A2)
Swinburne Engineering Competencies (A1-7, K1-6, S1-4): find out more about Engineering Skills and Competencies including the Engineers Australia Stage 1 Competencies.
Unit information in detail
- Teaching methods, assessment and content.
Teaching methods
Hawthorn
Type | Hours per week | Number of Weeks | Total |
| On Campus Lecture | 3 | 12 | 36 |
| On Campus Tutorial | 1.5 | 12 | 18 |
| Unspecified Activities Independent Learning | 8 | 12 | 96 |
TOTAL | 150 hours |
Assessment
Types | Individual/Group Role | Weighting | Unit Learning Outcomes (ULOs) |
Class Exercises | Individual | 5-15% | 1,2,3,4,5 |
| Examination | Individual | 30-40% | 2,3,5,6 |
| Research Project | Group | 25-35% | 1,2,4 |
| Research Presentation | Individual | 5-15% | 1,2,4,7 |
| Test | Individual | 15-20% | 1,4,5 |
Hurdle
As the minimum requirements of assessment to pass a unit and meet all Unit Learning Outcomes to a minimum standard, a student must achieve:
As the minimum requirements of assessment to pass a unit and meet all Unit Learning Outcomes to a minimum standard, a student must achieve:
(i) an aggregate mark of 50% or more, and
(ii) at least 40% in the final exam.
Students who do not successfully achieve hurdle requirement (ii) will receive a maximum of 45% as the total mark for the unit.
Content
Operations and project management
- Design goods and services
- Managing quality
- Operational decisions on processes, location and layout
- Inventory and supply chain management
- Just-In-Time and lean production concepts
- Engineering project manager roles, characteristics, traits, ethics
- Application of strategic management frameworks such as product life cycle, SWOT analysis
- Marketing mix, product, place, price and promotion
- PEST analysis
- Marketing segmentation
- Understanding of creativity, innovation and entrepreneurship
- Market equilibrium and supply and demand concepts
- Major macro-economic factors such as unemployment rate, inflation etc and their impact on business environment
- Principles of accounting, financial statements, analysis, cash management, financial expenditure, depreciation and budgets
- Cost accounting: product process, project overheads
- Standard and marginal costing
- Break-even analysis
- Project estimating, costing, budgetary controls
- Legal practice relevant to engineering projects and activities: torts, contracts, tendering, arbitration, breach of contract, contracts management
- Commercial law: sale of goods, intellectual property and its protection, product, professional and criminal liability, and trade practices
Study resources
- Reading materials.
Reading materials
A list of reading materials and/or required texts will be made available in the Unit Outline.