Code
CHEN4016
Credits
25
Graduate Attributes
Introduction
In this unit, you will learn how projects are evaluated using discounted cash flow analysis and how risks are incorporated into the analysis. You will have the opportunity to apply the basic principles of Net Present Value to simplified investment problems. The unit also introduces the concept of project management in the industry. You will learn how to plan and manage the execution of engineering projects and how to deal with uncertainties inherent in managing projects. Sustainability in process engineering is also included in the later part of the unit teaching, focusing on designing, operating, and optimizing industrial processes (e.g., various industrial sectors, mineral and resources, recycling, etc.) in ways that minimize environmental impact, conserve resources, and ensure economic viability
Workshop
1 x 60 Hours Semester
Unit Learning Outcomes
- 1 analyse the structure of national and international engineering industries, GC2, GC4, GC5, GC6
- 2 analyse and evaluate the factors, and relationships between the factors, that contribute to effective management of an engineering plant, GC1, GC4, GC6
- 3 evaluate elements within industrial relations and people management, with respect to plant management, GC1, GC4, GC5, GC6
- 4 work effectively in a team to achieve common objectives, GC1, GC5, GC6
- 5 use systems thinking as a means of assisting the development of an organisation, GC1, GC2, GC4, GC5, GC6
Course Learning Outcomes
- 4 Apply systems thinking for innovative solutions to global chemical engineering challenges, discern knowledge and undertake applied research in a discipline of chemical engineering,
- 6 Demonstrate lifelong learning habits, teamwork and leadership abilities, project management skills, and the ability to identify opportunities for career-wide professional growth, necessary for advancing a career in engineering and beyond
Assessment Breakdown
Recent Unit Changes & Response to Student Feedback
Students are encouraged to provide feedback through student surveys (such as Insight and the annual Student Experience Survey) and interactions with teaching staff. Listed below are some recent changes to the unit as a result of student feedback. Some changes have been made to reflect the contemporary and dynamic nature of the subject area as it relates to engineering practice and expectations, etc.