The course advances the "standard engineering economics", taught at the college or continuing education level.
Participants will learn how to use, and not misuse, financial analytical tools (mathematics of finance) for the decision-making process specifically applied to the following topics:
- Project evaluation and project management
- Contract negotiations
- Employee evaluation
- Revenue, profit and cash production
- Valuation of assets including buying and selling professional engineering practices
This course includes a multiple-choice quiz at the end, which is designed to enhance the understanding of the course materials.