Training Events

Engineering Economy for Investment and Decision Making; Apr 19, 2010 - Apr 21, 2010; Training Events in Bandung - Bandung
Category:: Other

INTRODUCTION

For operational purposes, there are some alternatives for technical designs that can be developed. After technical analysis has been conducted for the available alternatives then the economic analysis will take a turn to find the most economical one.

Since a technical design will have significant cost and expense in both investment and operational and it will be expected to last in a long period of time, it will be important to see every alternative from the concept of Time Value of Money in form of its Value Equivalent.

COURSE OBJECTIVES

After attending this course, participant will gain knowledge and understand:

The problems in investment decision making
Time value of money
Value equivalent (annual and now)
Economic viability analysis
Economic life
Investment decision making

COURSE OUTLINE

1. Introduction of Engineering Economy

Engineering Economy Definition
Problem of Investment Decision Making

2. Time Value of Money Concept

Time Value of Money Understanding
Value Equivalency Understanding
Abbreviation of Equivalency Calculation

3. Value Equivalency

Equivalency Uniform Annual Cash Flow
Present Value Equivalency (Present Worth)
Investment Decision Making based on Value Equivalency

4. Economical Feasibility Analysis

Net Present Value (NPV)
Internal Rate of Return (IRR)
Investment Decision Making based on NPV and IRR

5. Economic Life

Economic Life Policy
Investment Decision Making based on Economy Life

WHO SHOULD ATTEND

All managers and their assistants or staffs who involve in investment analyzing and decision making either directly or indirectly, such as:

Building plant, hotel, hospital, school/university, toll way, electric generation power plant (PLTA, PLTU, and PLTN), port, bus station, airport and so on.
Procurement/ installation in production/operation facilities such as: machining equipment, telephone communication centre, computer, vehicle (automobile, vessel, aircraft, train) and so on.