Conference Session

Engineering Economy -- Outside the Introductory Course

Collection

2008 Annual Conference & Exposition

Authors

William Peterson, Arizona State University

Tagged Divisions

Engineering Economy

offended by this author’s grading of the paper.These last two incidents were the genesis of this paper. In thinking about these two incidentswhich this author saw as very problematic, remembrances of the way engineering economytopics were treated in other courses taught were brought to mind. The following discussion ofthese remembrances is only a partial list based on limited time spent going through some of thetexts used in the 58 courses mention on this author’s curriculum vita.An Innocuous ExampleIn one human factors text2 there is a section on cost/benefit analysis (not benefit costs as theequation is done). The example given ignores the time value of money – it uses the initial cost toperform the human factors analysis and then looks at the

Conference Session

Applications of Engineering Economy

Collection

2008 Annual Conference & Exposition

Authors

Donald Merino, Stevens Institute of Technology; Jakob Carnemark, SKANSKA

Tagged Divisions

Engineering Economy

Jersey, 07030 Work telephone: 201-216-5504; E-mail: dmerino@ stevens.edu.Jakob Carnemark, SKANSKA Jakob Carenmark is the head of SKANSKA's Mission Critical Center of Excellance (COE). Jakob developed this team to showcase SKANSKA's expertise in constructing Mission Critical facilities and to share best practices among various regions. Within this CEO team, Jacob leads some of the most creative and innovative minds in the data center construction industry. Mr. Carnemark has a degree in Civil Engineering from the University of Virginia, as well as 25 years of experience. His expertise covers all aspects of construction and enables him to provide meaningful and accurate insight to a project. His