NG2S253 - Fundamentals of Business Engineering and Management 01 Apr 2025 - 31 Aug 2027 | Version 2
Associated Module Information
| Module Code: | NG2S253 | ||
|---|---|---|---|
| Module Title: | Fundamentals of Business Engineering and Management | ||
| Faculty: | Faculty of Computing, Engineering and Science | ||
| Faculty Group: | Aerospace and Mechanical Engineering | ||
| Faculty Sub Group: | Aerospace and Mechanical Engineering | ||
| Module Leader: | Ilias Lappas | ||
| Module Team: | Howard Jones, James Neal, Liam Richards, Matthew Wilmington, Nathan Thomas, Paul Curnick, Alun Williams, Carl Elliott, David Dawkins | ||
| First Intended Intake: | SEP 2017 | Final Year of Intake: | |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 5 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100190 - mechanical engineering | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 2 |
|---|---|
| Valid From | 01 Apr 2025 |
| Valid To | 31 Aug 2027 |
Module Aims
To familiarize the student with the current business challenges from a managerial point of view and to provide basic tools for efficient decision making
To provide the student with the necessary skill-set for managing projects in today’s business environment, with emphasis in life cycle thinking and risk assessment
Content Summary
-Personality type assessment
-Teams conceptualization and theory
-Emotional intelligence and its effect to the business and the workplace
-Data analysis with application to Reliability-Availability-Maintainability-Supportability of engineering systems
-Marketing fundamentals
- Product life-cycle management including life-cycle cost estimating techniques
-Fundamentals of microeconomics
demand, supply and price price floors and ceilings costs in the short run perfect competition
-Project planning and management
-Risk analysis and risk management techniques
-Change management fundamentals
-Intellectual property (IP), product safety and liability issues
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Lecture | 36 |
| Seminar | 6 |
| Tutorial | 6 |
| Independent Study | 120 |
| Directed Study | 32 |
| Total Hours Selected | 200 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Demonstrating knowledge and understanding of current business challenges, including the application of data analysis methods, frameworks and tools to support risk assessment and decision making |
| LO2 | Applying a wide range of appropriate, well established business and project management techniques and approaches applicable to technology & engineering related businesses |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Written Assignment (CW) | Report (CW) 2 | Team report and presentation on analyzing a project management case study | 0 | 3000 | 50 | No | 40 |
| Written Assignment (CW) | Report (CW) 1 | Team report and presentation on analyzing a reliability-availability-maintainability-supportability case study | 0 | 3000 | 50 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Report (CW) 2 | ✔ | ✔ | |
| Report (CW) 1 | ✔ | ✔ | |