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Economic & Technical Evaluation in Engineering & Maintenance Projects

Curriculum

  • 5 Sections
  • 15 Lessons
  • 5 Days
Expand all sectionsCollapse all sections
  • Module 1: Fundamentals of Project Evaluation.
    3
    • 1.1
      The role of evaluation in capital and maintenance project planning.
    • 1.2
      Overview of economic and technical evaluation criteria
    • 1.3
      Cost estimation techniques and data requirements.
  • Module 2: Financial Analysis Tools.
    3
    • 2.1
      Cash flow modelling for engineering projects.
    • 2.2
      Economic indicators: NPV, IRR, payback period, and benefit-cost ratio.
    • 2.3
      Impact of inflation, taxes, and discounting on financial evaluation.
  • Module 3: Technical Assessment & Feasibility Analysis.
    3
    • 3.1
      Evaluating engineering alternatives and technology readiness.
    • 3.2
      Reliability, maintainability, and safety assessments.
    • 3.3
      Integration of performance metrics into decision-making.
  • Module 4: Lifecycle Costing & Maintenance Strategy.
    3
    • 4.1
      Lifecycle cost analysis (LCCA) and asset lifecycle planning.
    • 4.2
      Maintenance economics: repair vs. replace decisions.
    • 4.3
      Long-term resource and spares planning in maintenance-intensive projects.
  • Module 5: Risk Analysis & Project Justification.
    3
    • 5.1
      Sensitivity and scenario analysis.
    • 5.2
      Quantifying and communicating technical and financial risk.
    • 5.3
      Developing business cases and presenting recommendations to stakeholders.
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