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# SYLLABUS

ANALYSIS

SUBJECT DETAILS:

## A. NAME ENGINEERING PROJECT ANALYSIS

B. SUBJECT CODE SOET 370
C. ETCS CREDITS 6
US CREDITS 3
D. SUBJECT STATUS Compulsory
E. TEACHER Jasmin Ahmetbai
Telephone number 061 255 792
Email jahmetbasic@aubih.edu
Cabinet Sarajevo
Consultations 16PM 21PM via e-mail
J. Duration of the 15 weeks
course
K. Semester Spring 2017
L. Active lessons: Lectures: 45 hrs
Other activities: 90hr out of classroom preparation

M. Description of the This course will focus on engineering project analysis of plans,
design, and systems, including taking no action, in consideration
course
of life cycle costs, user costs, and cash flow. Each engineering
project will consider cost of funds (interest) depreciation,
amortization, salvage value, taxation, capital cost, operational
and maintenance costs. Evaluations of uncertainties are also
considered on a probabilistic basis. Analysis techniques include
parameter estimating, benefit/cost analysis, compound interest
calculations and probabilistic modeling. Applications to actual
manufacturing, construction, and software case histories are
stressed throughout the course.

## N. Prerequisite(s) MATH 121 or permission of instructor.

O. Corequisite(s) None
P. Learning Objectives By the end of this course, the student will:
Investigate cost and benefits analysis of engineering
projects associated with construction and operation of a
facility or system.
Compare the life cycle cost of multiple projects using
present worth, annual cost, payback and break-even
analysis methods.
Make a quantitative decision between alternate facilities
and/or systems using Benefit/Cost Ratio analysis.
Compute the depreciation of an asset using standard
depreciation techniques to assess each approach on
present or future value.
Evaluate the feasibility to construct and operate a facility
or system by estimating cash demands as a function of
time and comparing these with estimated cash flows
from available funding sources.
Perform a Monte Carlo simulation for probabilistic risk
assessment.
Recommend and justify projects based on financial
investment by using engineering economics tools.
Develop and demonstrate skills teamwork, project
management, and professional communications.
Q. Literature Compulsory:
SUCCESSFUL PROJECT MANAGEMENT, 4th
Edition, Jack Gido & James P. Clements (2009, 2006
South-Western, a part of Cengage Learning)
ENGINEERING ECONOMIC ANALYSIS, Donald G.
Newnan, Ted G. Eschenbach, Jerome P. Lavelle (Oxford
University Press, 2004)
FUNDAMENTALS OF ENGINEERING ECONOMICS,
Chan S. Park (Pearson, 2004)
Harward Case Study materials
R. Teaching methods Lectures and demonstrations, interactive method, case studies,
consultations prior to examinations and seminar papers

## S. Equipment Technology enhanced classroom

Applicable from 01 February 2013
BiH and ECTS USA
Letter Number Letter
point
average
(ECTS) (BiH) (USA)
(GPA)

A 10 95 100 A 4

92 94 A- 3.7
B 9 89 91 B+ 3.5
85 88 B 3

80 84 B- 2.7
C 8
75 79 C+ 2.5

D 7 63 74 C 2

61 62 C- 1.7
E 6 58 60 D+ 1.5
54 57 D 1

F 5 0 53 F 0
methods Undergraduate UPDATED on 5 Oct. 2016, Applicable from Fall
2016 (Semester 1)

## Description RANGE Criteria for

Minimum and Maximum Values this
(Min- Syllabus
Max)

Assessed Practice
0% - 1%
1. Professor guided Excursion 0% - 1%
Sub-Total
GAP Group Assessed
Participation 15 % - 25%
1. Case Study #1 2% - 5% 5%
Mandatory
2. Case Study #2 2% - 5%
3. Group Presentation # 1 2% - 5% 5%
4. Group Homework, Each 2% - 5% 2%
assignment is worth
5. Group Project 2% - 5% 3%
Sub-Total 15 %
20% - 35%
1. Demonstration of Research 2% - 4% 2%
Capability
Mandatory
2. Demonstration of Digital 2% - 4% 2%
Source Capacity
Mandatory
3. Case Study #3 2% - 10% 5%
Mandatory
4. Case Study #4 2% - 5%
5. Individual Project or 2% - 5%
Presentation
6. Individual Project or 2% - 5% 5%
Portfolio
7. Homework 1 2% - 5% 3%
8. Homework 2 2% - 5% 3%
Sub-Total 20 %
PACK Professionally Assessed
Core Knowledge 54% - 65%
1. Chapter Test or Quiz #1 5% - 15% 5%
Mandatory
2. Chapter Test or Quiz #2 5% - 15% 5%
Mandatory
3. Chapter Test or Quiz #3 5% - 15% 5%
Mandatory
4. Chapter Test or Quiz #4 5% - 15%
5. Lab, Portfolio, or Final 5% - 15%
Project
6. Other Assessment 5% - 15%
7. Mid-Term 15% - 20 %
Mandatory 25%
8. Final Exam 20% - 30 %
Mandatory 30%
Sub-Total 65 %
Visiting Guest Lecture Series***

Students

## Student Services will administer a

Deduction of 1% for each lecture
missed by the student.

## CDC Seminars Minimum of 3 per

semester
Mandatory Attendance for Juniors
and Seniors only

## Student Services will administer a

Deduction of 1% for each Seminar
missed by the student. DL students
will be provided with opportunity
for DL attendance of workshops.

Externships

Seniors

## Student Services will administer the

correction to Final Grade based on
the Table in the Student Handbook
will not be applied to failing (F)
courses.

## Total 100 % 100 %

* Visiting Guest Lectures Series All students are required to attend Visiting
Guest Lectures. . There is a 1% reduction in Final Grade for each Guest Lecture
not attended
** CDC Seminars Pertains ONLY to Junior (3 rd) and Senior (4th) (year)
students; These students are required to attend a minimum of 3
seminars/workshops in a semester. There is a reduction of 1% in Final
Grade for each CDC Seminar not attended with a maximum 3% loss in
*** Externship (Presence) Pertains ONLY to Junior (3 rd) and Senior (4th)
(year) students; Students must attend Externship regularly. TWO WEEKS
prior to the end of a semester CDC will email the final grades to professors
for all students on Externship.
**** Labs Use if applicable for those courses that include Laboratory part
and /or hours.
***** Other Professor may include additional Student Assessments.

## IMPORTANT NOTE FOR STUDENTS AND PROFESSORS: Attendance

Please note that Attendance category is not listed above. However Attendance
to all lectures/classes is MANDATORY. As stated in Students Handbook, AY
2016/17: The AUBiH policy on absences is that students are allowed two
excused absences per semester in each course. For each unexcused absence a
student will have 2% deducted from the total (percentage) grade. Dismissal
from a course may result from unexcused absenteeism. A grade of F (5)
will be recorded for a student.
IMPORTANT NOTE FOR STUDENTS AND PROFESSORS:

Externships

All Juniors and Seniors are required to fulfill Externship requirements. To start
an Externship, the student must pick up and complete Externship forms from
Student Services. All semester grades are affected by Externship regardless of
the degree or Course ID. Students may choose to find their own Externship and
are rewarded for their diligence by the grading curve in the Student handbook.
Students that receive their Externship thru AUBiH are graded according to the
Table in the Student Handbook. Professors are responsible to enter grades for
each student in the AUBIH ONLINE system in a timely manner. The Student
Services department will enter any deductions for Missed Guest Lectures,
Missed CDC Workshops and Externships, based on documentation from the
University, Hosting Company or Organization in Week 16.

All exams and papers submitted will be verified with Ephorus software for
plagiarism. In the case of plagiarism, student will get 0 for the exam or paper.
If a student repeats plagiarism or performs cheating, student will be
automatically given zero for the entire course and are subject to Academic
Sanctions.

All online students are required to check and access their assignments at least
twice a week. Record of their activity will serve as a proof for taking
attendance.

V. Topical Outline
1. week Project management life cycle and process
Definition of a project and its attributes
Key constraints within which a project must be managed
Life cycle of a project
Definition of project management
Elements of the project management process
Implications of global project management
Project Management Institute
Benefits of project management
2. week Identifying and selecting projects
How projects are identified and selected
A project charter
Outsourcing projects using a request for proposal
The proposal solicitation process

## Developing a project proposal

Building relationships with customers and partners
Proposal marketing strategies
Decision making to develop a proposal
Creating winning proposals
The proposal preparation process
Elements that may be included in a proposal
Pricing considerations
Customer evaluation of proposals
Types of contracts between the customer and the contractor
Measuring the success of proposal efforts
4. week Techniques for planning a project
Clearly defining the project objective
Preparing a project scope document
Understanding the importance of planning for quality
Creating a work breakdown structure
Assigning responsibility for work elements
Defining specific activities
Creating a network diagram
Utilizing a project management methodology called the
systems development life cycle for information systems
development projects
5. week Chapter Test or Quiz #2

## Techniques for scheduling a project

Estimating the resources required for each activity
Estimating the duration for each activity
Establishing the estimated start time and required completion
time for the overall project
Calculating the earliest times at which each activity can start
and finish, based on the project estimated start time
Calculating the latest times by which each activity must start
and finish in order to complete the project by its required
completion time
Determining the amount of positive or negative slack
between the time each activity can start or finish and the
time it must start or finish
Identifying the critical (longest) path of activities
Performing the steps in the project control process
Determining the effects of actual schedule performance on
the project schedule
Incorporating changes into the schedule
Developing an updated project schedule
Determining approaches to controlling the project schedule
6. week Techniques for resource assignment a project
Taking resource constraints into account when developing a
network diagram
Determining the resource requirements plan for a project
Leveling the use of resources within the required time frame
of the project
Determining the shortest project schedule with the limited
resources available
7. week HCS #1

MIDTERM EXAM
8. week Techniques for budgeting a project
Estimating the costs of activities
Determining a time-phased baseline budget
Determining the earned value of the work performed
Analyzing cost performance
Forecasting project cost at completion
Controlling project costs
Managing cash flow
9. week Techniques for assessing and managing project risks for a project
Identifying risks and their potential impact
Assessing the likelihood of occurrence and degree of impact
of risks
Risk response planning
Risk monitoring
10. week Chapter Test or Quiz #3

## Techniques for controlling project performance

Actions that should be taken when closing a project
Conducting a post-project evaluation
The importance of documenting lessons learned
The need to organize and archive project documents
Obtaining feedback from the customer about the project
Early termination of projects
11. week Project manager responsibilities and skills
The responsibilities of the project manager
The skills needed to successfully manage projects and ways
to develop project manager competence
Approaches to effective delegation
How the project manager can manage and control changes to
the project
12. week INDIVIDUAL PORTFOLIO or PROJECT

## Project team development and effectiveness

How teams are acquired and assigned
The development and growth of teams
The project kickoff meeting
Characteristics of effective project teams and barriers to
effectiveness
Being an effective team member
Team building
Valuing team diversity
Ethical behavior
Sources of conflict during the project and approaches to
handling conflict
Problem solving and brainstorming
Effective time management
13. week Project communication and documentation
Suggestions for enhancing personal communication, such as
face-to-face discussions and written communications
Effective listening
Various types of project meetings and suggestions for
effective meetings
Formal project presentations and suggestions for effective
presentations
Project reports and suggestions for preparing useful reports
A project communication plan
Tracking changes to project documents
Collaborative communication tools
14. week GROUP PRESENTATION

## Project management organizational structures

The characteristics of the three types of organizational
structures