Business Management Techniques for Engineers

Masters
Essay
Engineering and Construction
Pages 13 (3263 words)
Download 0
Project Plan – Introduction of New Technology Introduction This project plan is aimed to discuss the various elements that are involved during the completion of a project. The assumed project plan is established with the intent of introducing a new technology in the manufacturing environment an engineering company…

Introduction

The whole progress of the project is discussed as under. Feasibility Study This hypothetical project plan consists of various activities. In order to complete this project, every activity is of utmost importance but there are some activities that can be avoided. The details of those activities are discussed later. This project basically consists of 17 activities, out of which 5 activities can be avoided. CTO of the company will assign five sub-committees, in order to bring in the different ideas from various personnel involved at the planning stage. This stage of the project is named as activity A. All of five committees would be assigned to prepare a feasibility report as per their own understanding and knowledge of the project. These four stages would be entitled as activity B, C, D, E and F. Selection of Appropriate Feasibility Study After the submission of detailed five feasibility reports, CTO would evaluate every report and discuss it with the CEO of the company. CTO in collaboration with CEO will then approve particular sub committees’ feasibility report and will show his consent in commencing the project. These activities are referred as activities G and H. ...
Download paper
Not exactly what you need?

Related papers

Advanced manufacturing techniques and the advent of nanotechnology
Nanostructural elements are explained, with possible applications not only in the production process of physical goods, but at other phases of manufacturing, including assistance with environmental requirements due to efficiency. Nanotech has the potential for faster, cleaner industry with more effective options for waste removal and prevention of toxic emissions. Three tasks are discussed, with…
Professional engineers
The modern day Engineer has the obligation to conduct their operations in an ethical manner. Several accidents result from negligence on the part of the Engineer or from not following the standards set out for conducting these activities. One such accident was the 1986 Space Shuttle Challenger disaster in which the vehicle burst into flames shortly after taking off killing all the crew. The…
Role of Engineers
The report also outlines the ethical issues and practices that civil engineers are faced with and how they can deal with these issues. Their problem solving capabilities as well as their capacity to maintain ethical standards are significant in determining their success in the industry. The Role of Engineers With the emergence of industrialization, construction work requires collaboration of…
Industrial Accidents and Engineers
Causes of Industrial Accidents The most common cause of industrial accidents is human errors and mistakes which are committed while working on industrial units. Very often engineers do not follow the proper safety procedures while performing a task and thus end up triggering an accident which not only affects the person but also puts the life of numerous other people at risk; economic loss is…
The quality of risk management in the Civil Engineering
Since the international contractors operate outside their normal business jurisdiction, there are numerous uncertainties. Civil engineers working outside their resident jurisdiction face such difficulties as different management approaches, foreign technology, legal requirements, and uncommon construction practices and systems. The understanding and appreciation of the risks associated with these…
Code of Ethics for Engineers
Introduction The issues of ethics in the modern society are very important for the representatives of different fields. A special attention to ethics should be paid by managers and engineers, people, who are responsible for the lives of other people. It is evident that the issues of ethics determine important background of professional activities. Thus, an engineer should be responsible and a…
Critical approach in project risk management
As Wrona (2010, p. 1) states, “companies that do perform a risk management process on a fairly typical multi-month project (no longer than 12 months) will identify and manage possibly five to ten easily recognized project risks”. This statement shows that doing comprehensive risk analysis regularly at each stage of the project can reduce the occurrence of risks and make companies able to…