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Business Management Techniques
Session 1 1 Tracey Courtney
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Engineering Business What is the main purpose of a Business ?
What can business do to achieve this ? Tracey Courtney 2
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Engineering Business Techniques have been developed to achieve this
They broadly fall into 4 categories :- Managing the work activities Costing systems and techniques Financial planning and control Project planning and scheduling Tracey Courtney 3
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Engineering Business Activities that take place within an engineering business can be broken down into a number of specific functions. Tracey Courtney 4
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Engineering Business Engineering Design Manufacturing
Engineering Services Tracey Courtney 5
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Engineering Business General Costs Benefits Risk Tracey Courtney 6
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Engineering Business A Project situation Estimates Budget Schedule
Works Break Down Structure Statements of Work Resources Contract Tracey Courtney 7
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Exercise Thinks of six different projects ?
Identify is they were a success or an unsuccessful project ? What lesson could we learn from them ? Tracey Courtney 8
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