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| FINANCIAL FUNDAMENTALS FOR ENGINEERS
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To order this title, and for more information, click here
By
George Solt, Visiting Professor, University College London, UK
Richard Hill, Department of Mathematics, University College London, UK
Description
Engineering means thrifty use of resources (labour, power, and materials). Money is the common measure for these however engineers are
rarely taught how the realities of finance and economics will impact on the engineering decisions they make. Financial Fundamentals for
Engineers sets out to show how finance interacts with engineering and why it matters.
Basic financial concepts – money, profit, cash-flow
- are explained using real-life examples. Key steps in the engineering cycle, like winning tenders, managing projects and getting paid
are all explained in the context of becoming profitable and staying solvent.
In the same accessible style that has been so popular with
his students, George Solt tells engineers how finance can keep the wheels of engineering turning – and equally how it can cause those
wheels to come off with calamitous results.
Audience
Engineering students at undergraduate and graduate levels, but also recently qualified professional engineers.
Contents
Introduction
A History of Money
Capital
Interest
Accountancy
Audit and Management accounts
Companies
Planning the Business Year
Cash flow
Marginal Selling and Overtrading
Overheads
Cost Centres
Pricing and Getting Contracts
Terms of payment
Getting paid
Project Planning
Investment Criteria
| Bibliographic details |
Paperback, 200 pages, publication date: JUL-2006
ISBN-13: 978-0-7506-6941-2
ISBN-10: 0-7506-6941-1
Imprint: BUTTERWORTH HEINEMANN
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| Price and Ordering |
Price:
EUR 33.95
USD 40.95
GBP 22.99
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Last update: 5 Sep 2009
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