With aptitude and an originality of strategy, Crundwell brings his appreciable expertise to bear on this important subject. Uniquely, this guide discusses the technical and monetary points of decision-making in engineering and demonstrates these via case research. It’s a massively vital matter as, after all, engineering options and monetary choices are intimately tied collectively. The finest engineers mix the technical and monetary circumstances in figuring out new options to alternatives, challenges and issues. To get your challenge accepted, regardless of the dimensions of it, the monetary case have to be clear and compelling. This guide supplies a framework for engineers and scientists to undertake monetary evaluations and assessments of engineering or manufacturing initiatives
From the Back Cover
Engineering options and monetary choices are intimately tied collectively. The finest engineers mix the technical and monetary circumstances in figuring out new options to alternatives, challenges and issues. In order to get a challenge accepted, regardless of its measurement, the financials have to be clear and compelling. To have an effect on the corporate’s efficiency, a practising engineer should study to argue the enterprise case as a part of the technical answer.
Finance for Engineers: Evaluation and Funding of Capital Projects supplies a framework for engineers and scientists to undertake monetary evaluations and assessments of engineering or manufacturing initiatives. The materials coated allows the reader to know how the economics of a technical challenge impacts the funds of the corporate. The integration of the technical and monetary decision-making is demonstrated via case research and examples related to the practising engineer. The guide equips engineers and scientists with the instruments to contribute positively to the monetary and strategic choices throughout the group.
About the Author
Dr Frank Crundwell BSc (Financial Maths), PhD (Chem. Eng.), has expertise in academia (University of California, Berkeley; University of Cape Town; University of the Witwatersrand, Johannesburg), in know-how growth (BHP Billington) and company enterprise capital, and presently runs his personal firm (CM Solutions). He has been in concerned in due diligence work, he has developed the enterprise case for funding choices, and he has patented and licensed innovations. He has additionally offered programs on Real Options Analysis and Finance for Professional Engineers for professionals.