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Engineering Managerial Economic Decision and Risk Analysis: Economic Decision-Making and Risk Analysis

Engineering Managerial Economic Decision and Risk Analysis: Economic Decision-Making and Risk Analysis

Paperback

Series: Topics in Safety, Risk, Reliability and Quality, Book 39

Business GeneralTechnology & EngineeringGeneral Mathematics

ISBN10: 3030877698
ISBN13: 9783030877699
Publisher: Springer
Published: Nov 20 2022
Pages: 490
Weight: 1.55
Height: 1.02 Width: 6.14 Depth: 9.21
Language: English

This book directs the engineering manager or the undergraduate student preparing to become an engineering manager, who is or will become actively engaged in the management of economic-risk trade-off decisions for engineering investments within an organizational system. In today's global economy, this may mean managing the economic risks of engineering investments across national boundaries in international organizations, government, or service organizations. As such, this is an applied book. The book's goal is to provide an easy to understand, up to date, and coherent treatment of the management of the economic-risk trade-offs of engineering investments. This book accomplishes this goal by cumulatively sequencing knowledge content from foundational economic and accounting concepts to cost estimating to the traditional engineering economics knowledge culminating in fundamental engineering managerial economic decision-making incorporating risk into engineering management economic decisions.

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