Engineering Money
Financial Fundamentals for Engineers
Published on 15. February 2011
196 pages
978-1-118-06308-8 (ISBN)
Description
There are many text books about engineering design and some includeproject evaluation techniques. There are text books on accountingmethods and yet others on business management. This book does notaim to replace these specialized texts but brings together theelements of these subjects that young engineers working in industry- particularly the construction industry and its customers- need to understand.
Most engineers learn about money the hard way: by experience inthe workplace. The authors having done this themselves recognizedthe gap in engineers' education and set out to bridge it.This book is based on a 1996 course George Solt pioneered forfinal-year engineering undergraduates. The book is written in anapproachable style and gives young engineers as well as matureengineers an insight into the way engineering businesses run, theimportance of capital and the problems of cash flow.
Reviews / Votes
"Engineering Money is an excellent book for an undergraduate coursedealing with return on investment issues for any contractedproject, but particularly for engineering projects. The one-linersummary items would provide excellent starting points for aspirited class discussion. Highly recommended. Lower-and-upperdivision undergraduates." (Choice , 1 April 2011)More details
Other editions
Additional editions
Book
10/2010
Wiley
€48.50
Shipment within 10-20 days
Persons
RICHARD HILL worked for twenty years in design and proposalsin the contracting industry and served as marketing director for aspecialist process plant contractor. He now runs his ownindependent consultancy and lectures at Cranfield University,University College London, and UNESCO-IHE in Delft, Holland.
GEORGE SOLT spent thirty years in industrial research anddevelopment serving as technical director in two-specialist processplant contracting companies before becoming a full-time academic atCranfield University and University College London.
Content
Preface.
Chapter 1 What's It All About?
Chapter 2 Money.
Chapter 3 Measuring Money.
Chapter 4 How Things Can Go Wrong--1.
Chapter 5 Good Company.
Chapter 6 Capital.
Chapter 7 The Year's Business Plan.
Chapter 8 How Not to Go Bust.
Chapter 9 Cash Flow.
Chapter 10 What's a Contract?
Chapter 11 Conditions of Contract.
Chapter 12 How Things Can Go Wrong--2.
Chapter 13 Cost Centers.
Chapter 14 Pricing Contracts.
Chapter 15 Competitive Tendering.
Chapter 16 How Things Can Go Wrong--3.
Chapter 17 Other Types of Contracts.
Chapter 18 Terms of Payment.
Chapter 19 How Things Can Go Wrong--4.
Chapter 20 Planning Contract Execution.
Chapter 21 Procurement and Monitoring.
Chapter 22 Paying and Getting Paid.
Chapter 23 Consultants.
Chapter 24 Using Your Judgement.
Chapter 25 Health and Safety Aspects of Design.
Chapter 26 Green Engineering and Greenbacks.
Chapter 27 Research and Development.
Chapter 28 The Love of Money.
Chapter 29 Last Words.
Appendix 1 Financial Accounts.
Appendix 2 Critical Path Analysis.
Appendix 3 Project Evaluation Techniques.
Index.
