Overview
- Aims to provide an easy to understand and coherent treatment of the management of the economic-risk trade-offs
- Directs the engineering manager or the undergraduate student preparing to become an engineering manager
- Accomplishes this goal by cumulatively sequencing knowledge content from foundational economic and accounting concepts
Part of the book series: Topics in Safety, Risk, Reliability and Quality (TSRQ, volume 39)
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Table of contents (15 chapters)
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Front Matter
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Economic Context of Engineering Management Decision
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Front Matter
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Economic Analysis of Engineering Activities and Projects
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Front Matter
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Managing Engineering Investments
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Front Matter
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Back Matter
Keywords
About this book
This book directs the engineering manager or the undergraduate student preparing to become an engineering manager, who is or will become actively engaged in the management of economic-risk trade-off decisions for engineering investments within an organizational system. In today’s global economy, this may mean managing the economic risks of engineering investments across national boundaries in international organizations, government, or service organizations. As such, this is an applied book. The book’s goal is to provide an easy to understand, up to date, and coherent treatment of the management of the economic-risk trade-offs of engineering investments. This book accomplishes this goal by cumulatively sequencing knowledge content from foundational economic and accounting concepts to cost estimating to the traditional engineering economics knowledge culminating in fundamental engineering managerial economic decision-making incorporating risk into engineering management economic decisions.
Authors and Affiliations
About the author
T. Steven Cotter (B.S., MBA, M.S., Ph.D.) is Senior Lecturer with the Engineering Management and Systems Engineering department at Old Dominion University. He is Certified Quality Engineer and Certified Reliability Engineer with the American Society for Quality. He has 40+ years’ experience in various engineering and management positions in industry and five years’ experience as Adjunct Professor before joining ODU as full-time faculty in 2013. His research specializations include engineering design analytics, AI-human knowledge engineering, AI-human quality and reliability systems, and computational systems statistical engineering.
Bibliographic Information
Book Title: Engineering Managerial Economic Decision and Risk Analysis
Book Subtitle: Economic Decision-Making and Risk Analysis
Authors: Teddy Steven Cotter
Series Title: Topics in Safety, Risk, Reliability and Quality
DOI: https://doi.org/10.1007/978-3-030-87767-5
Publisher: Springer Cham
eBook Packages: Engineering, Engineering (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
Hardcover ISBN: 978-3-030-87766-8Published: 19 November 2021
Softcover ISBN: 978-3-030-87769-9Published: 20 November 2022
eBook ISBN: 978-3-030-87767-5Published: 18 November 2021
Series ISSN: 1566-0443
Series E-ISSN: 2215-0285
Edition Number: 1
Number of Pages: XIII, 490
Number of Illustrations: 83 b/w illustrations, 109 illustrations in colour
Topics: Engineering Economics, Organization, Logistics, Marketing, Mathematical Modeling and Industrial Mathematics, Risk Management, Industrial Organization