ECE4099 Checklist

2 hours - 10 mins Reading Time - No Calculator

--------------------- Management - 5 marks (Short Essay Discussion) ------------------------------

Role of a Manager
Management Theory
Organizational structure
Communication
Tasks and skills required
Management theory (scientific - Taylor, Human behaviour - Mayo, Administrative - Fayol)
Show Understanding and Provide Exmaples

Revise - Tutorial Exercise 1: Interview a manager

------------------------------ Engineering Profession - 5 marks (Short Answer Questions) ------------------------------

What is a profession?
Professional associations for engineers?
Code of ethics – know key principles and illustrate with examples

------------------------------ Project Evaluation - 10 marks (Short Answer - Theory) ------------------------------

Project evaluation tools: time dependant/non time dependant;
Concept of time value of money – present value;
NPV, BCR, payback period, IRR
Benchmarks for decision making (above zero, one, RRR)
Answer the following questions:
 Is the project viable?
 Should we invest in it?
 Which should be chosen?

Issues other than money
Trade off between cost, time and quality – “crashing”

■ Assignment
■ Lecture examples

------------------------------ Financial Management - Accounting - 20 + 10 Marks ------------------------------

Need for financial knowledge
Generally Accepted Accounting Principles
Accounting equation
Accrual accounting
Financial, and Management accounting
Depreciation
Financial statements: Income Statement, Balance Sheet, Retained Earnings Statement
Analyzing statements – Ratios

**practical questions – prepare income statement and balance sheet, depreciation; (20 Marks)
short answer questions on theory.  (10 Marks)
No ratio calculations

■ Accounting exercises on Moodle
■ Assignment 2

------------------------------ Marketing - 23 Marks (Short Answer) ------------------------------

Definitions – what is marketing?
Relevance to engineering?
Concepts: Strategic Planning, Marketing Planning and Strategy and Marketing Mix
Five Forces
Sustainable competitive advantage - IMPORTANT

------------------------------ Legal Issues - 27 Marks (Case Study + Short Answer) ------------------------------

Intellectual property: types, registration, monopoly rights, ownership
Types - Patents, Trademark, Copyright, Design

Contract: 5 elements of a contract;
Breach of contract
Damage caused by breach.
No action possible unless a contract exists
Contracts do not have to be in writing

Negligence: duty of care, breach of duty of care, breach causes damage.
Need to prove duty of care , breach and damage
No contract necessary;
Contributory negligence

Australian Consumer Law:
Pt3-5 Show that the product was defective: did not provide the  level of safety that would generally be expected of the product.
Must be a corporation and supplier/manufacturer/importer.
Product includes instructions and warnings

Statutory Guarantees (S54-S57)

■ Tutorial exercise 2

------------------------------- EXAM TIPS ----------------------------

General exam tips:
● Stay on topic
● Keep handwriting legible
● 3 marks = around 0.5 to 1 page
● Dot points ok if you’re running out of time, but won’t net full marks
● Highlighting/underlining key words recommended.