Finance for Engineers

Engineering solutions and financial decisions are intimately tied together. The best engineers combine the technical and financial cases in determining new solutions to opportunities, challenges and problems. To get your project approved, no matter the size of it, the financials must be clear and compelling. By learning to argue the business case as part of the technical solution, you will have an impact on the company’s performance. This book provides a framework for engineers and scientists to undertake financial evaluations and assessments of engineering or production projects. The material covered enables the reader to understand how the economics of a technical project fit into the finances of the company. It demonstrates the integration of the technical and financial decision-making through case studies and examples relevant to the practising engineer. The book equips engineers and scientists with the tools to contribute positively to the financial and strategic decisions within the organization.

• Budgeting
• Decision-making
• Engineering
• Finance
• Financing
• Investment
• Risk
• cash flow
• production
• Engineering Economics

• CM Solutions (Pty) Ltd., London, UK

  Frank Kenneth Crundwell

Dr Frank Crundwell BSc (Financial Maths), PhD (Chem. Eng.), has experience in academia (University of California, Berkeley; University of Cape Town; University of the Witwatersrand, Johannesburg), in technology development (BHP Billington) and corporate venture capital, and currently runs his own company (CM Solutions). He has been in involved in due diligence work, he has developed the business case for investment decisions, and he has patented and licensed inventions. He has also presented courses on Real Options Analysis and Finance for Professional Engineers for professionals.

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