Engineering money : financial fundamentals for engineers / Richard Hill, George Solt.

Format:

Book

Author/Creator:

Hill, Richard (Richard William), 1947-

Contributor:

Solt, George S.

Language:

English

Subjects (All):

Engineering--Accounting.

Engineering.

Engineering--Finance.

Physical Description:

viii, 186 p.

Edition:

1st ed.

Place of Publication:

Hoboken, NJ : John Wiley & Sons, c2010.

Summary:

Get the must-have knowledge every engineer needs regarding finance in this much-needed guide When starting out on their careers, most engineers are unaware that successful engineering projects depend as much on money as they do on technology and that the two are inextricably linked. They eventually learn on the job that money is the only common measure we have for labor, materials and energy and it is therefore essential to managing any project. Traditional engineering education generally ignores financial matters. This book fills the gap by by preparing young engineers on the role finance plays in their projects before they embark on their careers. Engineering Money: Fills the gap in most engineers' training and gives young engineers an insight into the way engineering businesses run, the importance of capital, how to raise it, and the problems of cash flow Explains the role of money in managing an engineering project and why an engineer is "a guy who can do for half a dollar what any fool can do for a dollar" Is written in an approachable and entertaining style and includes real-world topics that engineers will face in their profession no matter which part of the world they're working in Uniting the basic concepts of engineering design, project evaluation techniques, and accounting methods, Engineering Money delivers an approachable view of finance that gives engineers at all levels the resourcefulness to account for every dollar-and make every cent count.

Contents:

Engineering Money Financial Fundamentals for Engineers

Contents

Preface

Chapter 1: What's It All About?

Chapter 2: Money

Chapter 3: Measuring Money

Chapter 4: How Things Can Go Wrong-1

Chapter 5: Good Company

Chapter 6: Capital

Chapter 7: The Year's Business Plan

Chapter 8: How Not to Go Bust

Chapter 9: Cash Flow

Chapter 10: What's a Contract?

Chapter 11: Conditions of Contract

Chapter 12: How Things Can Go Wrong-2

Chapter 13: Cost Centers

Chapter 14: Pricing Contracts

Chapter 15: Competitive Tendering

Chapter 16: How Things Can Go Wrong-3

Chapter 17: Other Types of Contracts

Chapter 18: Terms of Payment

Chapter 19: How Things Can Go Wrong-4

Chapter 20: Planning Contract Execution

Chapter 21: Procurement and Monitoring

Chapter 22: Paying and Getting Paid

Chapter 23: Consultants

Chapter 24: Using Your Judgment

Chapter 25: Health and Safety Aspects of Design

Chapter 26: Green Engineering and Greenbacks

Chapter 27: Research and Development

Chapter 28: The Love of Money

Chapter 29: Last Words

Appendix 1: Financial Accounts

Appendix 2: Critical Path Analysis

Appendix 3: Project Evaluation Techniques

Index.

Notes:

Includes index.

ISBN:

0-470-76856-8

0-470-76857-6

1-62198-431-1

9786612773259

1-282-77325-9

1-118-06308-2

OCLC:

663449179