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Explore all PDH CEU CPC CPD and Webinars for Engineers

 

This course accepted in:

 

• Alabama (P.E.)

• Alaska (P.E.)

• Arkansas (P.E.)

• Florida (P.E.) (AOP)

• Georgia (P.E.)

• Idaho (P.E.)

• Illinois (P.E.)

• Iowa (P.E.)

• Kansas (P.E.)

• Kentucky (P.E.)

• Louisiana (P.E.)

• Maine (P.E.)

• Maryland (P.E. Category B)

• Minnesota (P.E.)

• Mississippi (P.E.)

• Missouri (P.E.)

• Montana (P.E.)

• Nebraska (P.E.)

• Nevada (P.E.)

• New Hampshire (P.E.)

• New Mexico (P.E.)

• North Carolina (P.E.)

• North Dakota (P.E.)

• Oklahoma (P.E.)

• Oregon (P.E.)

• South Carolina (P.E.)

• South Dakota (P.E.)

• Tennessee (P.E.)

• Texas (P.E.)

• Utah (P.E.)

• Virginia (P.E.)

• West Virginia (P.E.)

• Wyoming (P.E.)

 

 

 

Abbreviations:

AOP-Areas of Practice

LAR-Laws & Rules

P.E.-Professional Engineers

 

Explore all PDH CEU CPC CPD and Webinars for Engineers

Engineering Economics - Project Analysis

Course No. I-2002

Credit: 2 PDH

Course Fee: $57.90 Purchase course

Subject Matter Expert: John P. Greaney, P.E.

Attention Engineers Licensed in the States of: Indiana, New Jersey, New York, Ohio, Pennsylvania

This course cannot be taken to fulfill the continuing education requirements of the states shown above since the subject matter does not fall within the state guidelines. For more information, check your State Board Requirements.

Indiana | New Jersey | New York | Ohio | Pennsylvania

Overview

The “dollars and cents” business side of Engineering often doesn’t receive the emphasis in college that employers would like. While engineers typically work towards a goal of finding the most efficient solution to a problem, in the business world, “efficiency” often means the least-cost solution. Engineering Economics provides the tools for determining the most cost-effective alternative in an organized fashion. This topic is relevant to any engineer who must consider cost in his or her decisions.

In this course the student will apply the fundamentals of Engineering Economics to analyzing a project. The course assumes the student has a working knowledge of the topics covered in Engineering Economics – Fundamentals (i.e., time value of money, inflation, depreciation, project cash flows, etc.)

After completing this course, the student should understand how to apply economic analysis tools like Total Life Cycle Cost, Payback Period, Net Present Value, Internal Rate of Return, Benefit/Cost Ratio, and Savings to Investment Ratio.

The student must take a multiple-choice quiz consisting of ten questions at the end of this course to obtain PDH credits.

 

Specific Knowledge or Skill Obtained

This course teaches the following specific knowledge and skills:

  • Total Life Cycle Cost Analysis
  • Payback Period
  • Net Present Value (NPV)
  • Internal Rate of Return (IRR)
  • Benefit/Cost Ratio (B/C) Analysis
  • Savings to Investment Ratio (SIR)

 

Course

Click on the following link to the PDF document to review the course material before taking the quiz for credit.

"Engineering Economics - Project Analysis"

 

Having trouble downloading the PDF file?

If clicking the link does not bring you to the PDF file, then right-click the link. Click "Save Target As" and save on your desktop. To view the file, double-click the icon on your desktop and return to this page to take the quiz. You may want to bookmark this page for your convenience. If you have questions, Live Support Chat can help.

Get Adobe ReaderYou may need Adobe Reader to view this document. Click on the link to download a free copy of the latest version of Adobe Reader.

 

To receive PDH credit for this course, you must pass a multiple-choice quiz. Click the button below to Purchase Course and Take Quiz. To take the quiz, your computer must be set to accept cookies. See how to check your cookie settings.

 

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