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Thunder Bay • Orillia

Summary of Changes Made in This Calendar - Plant Design Economics and Management

Chemical Engineering 4132 Plant Design Economics and Management
Economics: Methods of chemical plant capital cost estimation and product cost estimation. Interest and investment costs, annuities, taxes, insurance and depreciation. Profitability measures. Alternative investments, replacement decisions and economic life of assets. Cost and asset accounting, financial management. Management: Project life cycle and project manager's role. Planning and sequencing project activities. Critical path analysis. Use of project management software.
Credit Weight: 0.5
Offering: 0-0; 3-1.5
Course Classifications: Type C: Engineering, Mathematical and Natural Sciences