The Economics of Engineering Project Management

This is a practical, step-by-step guide to understanding and managing the financial and economic aspects of an engineering project. This is a companion book to the same author's Engineering Project Management textbook. Both books are based on many years of research, and decades of actual, hands-on experience in successfully managing complex engineering projects.

This book starts by introducing just those aspects of the field of economics that an engineering project manager needs to know. It then lists and explains all of the actual financial and economic metrics that your company and your management will expect you to collect, assess, and report. It also provides detailed guidance about how to avoid common errors of validity in the collection and analysis of these data.

Neil G. Siegel, Ph.D., spent many years managing engineering projects, large and small. After retiring as sector Vice-President & Chief Technology Officer of the Northrop Grumman Corporation, he is at present the IBM Professor of Engineering Management at the University of Southern California.