ENM401/203/1/2015

Tutorial letter 203/2/2015

Engineering Management IV

ENM401E

Semester 2
Department
Engineering

of

Electrical

IMPORTANT INFORMATION:
This tutorial letter contains important information
about your module.

and

Mining

Dear student
The purpose of this tutorial letter is to provide you with some guidelines for the Oct/Nov examination and invite you
to participate in the discussions on myUnisa.
Remember to participate in the tutorials discussion forum on myUnisa. This will assist you with the answering of
selected questions from the workbook. Assignments 01 and 03 focus on multiple choice questions (MCQs). In the
examination the focus will mainly be on short and long questions and calculations. It is therefore important that you
also learn to answer such questions. The myUnisa tutorials and workbook will help you with that.
Please do not ask the lecturer for past examination papers, typical examination questions or model answers in
addition to that already provided on myUnisa, the workbook and the workbook discussion forums.
Please do not ask the lecturer for a scope. Lecturers are not allowed to provide a scope and encourage
spotting.

Remember to take the following with you to the examination hall:

Pen(s)

Calculator

Student card

ID book or passport

The examination paper consists of 9 questions. More information on the structure of the examination paper follows:

Question 1: Principles of General Management

Question 2: Managing people and teams
Question 3: Engineering contract and law
Question 4: Marketing principles
Question 5: Project management
Question 6: Accounting, Engineering economics, Financial management and Budgeting
Question 7: Cost engineering
Question 8: Project selection
Question 9: Managing technology and innovation

ENM401/202
You should have enough time in the 3-hour examination to answer all the questions. Try to write as economically
as possible. Consider the number of marks allocated to a question before you write down an answer writing half a
page on a 3-mark question will reduce your chances of completing the paper. You can work on the principle of one
mark per fact for normal short and long questions most of the time. Rather return to those questions where you
would like to add further information once you have attempted all the questions. Label rough work as such.
You will receive a list of formulae in the examination similar to the one in Annexure A. Use the past examination
papers on myUnisa, the workbook questions and the tutorials to test yourself before you have to write the
examination. You should prepare for the examination as if you expect questions on all of the outcomes listed in
section 2.2 of Tutorial letter 101 (pages 3 and 4).
You should receive confirmation regarding your examination venue and date from Unisas Department of Student
Assessment Administration (Exams Dept). This can also be obtained from myUnisa.
st

Note: The supplementary examination is the same as the main examination for students who register for the 1

semester of 2016. That is scheduled for May/Jun 2016. To qualify, students must obtain 40% or more in the
Oct/Nov 2015 examination.
Remember to start with your examination preparations as soon as possible so that you have enough time to
contact the lecturer if you have any questions. Try not to contact the lecturer a few hours before the examination
starts as you may not be able to get hold of him. He is responsible for hundreds of students.

Try to make life easy for the marker. Try to answer the questions in numeric order. Leave space open if you do not
want to answer a specific question immediately. It helps the markers of the examination scripts.

I wish you every success with your studies and the examination.

Wilhelm (Willie) Nel

Senior Lecturer
wnel@unisa.ac.za;
Tel. (011) 471 2596

Annexure A

LIST OF FORMULAE

Cost estimation
C2 = C1 x (Q2/Q1)

Where:
C2 = Cost of desired plant or piece of equipment
C1 = Known cost of plant or piece of equipment
Q2 = Capacity of desired plant or item
Q1 = Capacity of known plant or item
Y = Constant (cost capacity factor)

Time value of money and project selection

FV = PV (1 + i)

or

PV = FV x PVIF (i %, n)

PV = FV/(1 + i) or

FV = PV x FVIF (i %, n)

FVA = A x FVIFA(i, n); where FVIFA(i, n) =

PVA = A x PVIFA(i, n); where PVIFA(i, n) =

NPV =
t =1

CFt

(1 + k )t

(1 + i )n 1

(1 + i )n - 1

n
i(1 + i )

I for projects with a single cash outflow at the beginning of the project

Average annual profit = [(total gains) (total outlay)] / number of years

ROI = Average annual profit / original investment x 100

UNISA 2015