ENCH497-20S1 (C) Semester One 2020

Process Management

15 points

Details:
Start Date: Monday, 17 February 2020
End Date: Sunday, 21 June 2020
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Friday, 28 February 2020
  • Without academic penalty (including no fee refund): Friday, 29 May 2020

Description

Engineering economics and finance, project management, design and investment decisions, ethics, and safety in the process industry. The course loosely follows the life cycle of the financial and engineering management of a processing facility from initial planning through to full production.

Learning Outcomes

  • Be able to estimate the capital cost of a chemical engineering process
  • Understand the time value of money as it is applied to investment decisions
  • Be able to evaluate the economic worth of a chemical engineering process
  • Understand the relationship between company accounts and engineering decisions
  • Understand social and cultural matters that might influence investment decisions
  • Understand some ethical and employment matters that might affect chemical engineers
  • Understand company accounting well enough to be able to determine the effect of engineering projects on company financial statements
  • Be able to apply control strategies to plant design and operation
  • Understand some techniques and language of data analytics
  • Be able to apply hazard identification methods such as HAZOP and order-of-magnitude risk estimation techniques

    Topics
  • Capital and operating cost estimation
  • Economic evaluation, project management, contracts
  • Ethics, interviews, employment contracts
  • Tools for process optimisation
  • Control strategy development
  • Hazard identification methods and risk estimation techniques used in the process industry (Matt Cowan, 10)

Timetable 2020

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Monday 10:00 - 11:00 F3 Lecture Theatre 17 Feb - 22 Mar
30 Mar - 5 Apr
27 Apr - 3 May
Lecture B
Activity Day Time Location Weeks
01 Tuesday 12:00 - 13:00 A5 Lecture Theatre 17 Feb - 22 Mar
30 Mar - 5 Apr
Lecture C
Activity Day Time Location Weeks
01 Thursday 12:00 - 13:00 F3 Lecture Theatre 17 Feb - 5 Apr

Course Coordinator

Ken Morison

Lecturer

Matthew Cowan

Lectures
All except the last 10 will be given by Ken Morison. The last 10 will be given by Matt Cowan.

Assessment

Assessment Due Date Percentage 
Final Exam 55%
Capital cost and economics 13 Mar 2020 7.5%
Project Decisions 27 Mar 2020 7.5%
Financial Reporting 01 May 2020 7.5%
Control Systems 15 May 2020 7.5%
Hazop 29 May 2020 15%

Textbooks / Resources

Required Texts

Towler, Gavin P. , Sinnott, R. K; Chemical engineering design : principles, practice, and economics of plant and process design; 2nd ed; Butterworth-Heinemann, 2013.

Recommended Reading

Bouman, R.W., Jesen, S.B., Wake, M.L. & Earl, W.B. (2005); Process Capital Cost Estimation for New Zealand 2004,; Bouman, R.W., Jesen, S.B., Wake, M.L. & Earl, W.B. (2005), 2005 ((Available to students on Learn)).

Additional Course Outline Information

Notes

General Policies of the University
Students may obtain the general policies of the University from the website.  For example:

Special considerations: http://www.canterbury.ac.nz/study/special-consideration/  

Academic Appeals of Assessments: Students with concerns about assessment processes or grades should be advised to speak first with the relevant lecturer. If the matter cannot be resolved, then the student should meet and discuss the matter with the head of department/school and thereafter follow the procedures outlined in the University procedures https://www.canterbury.ac.nz/about/governance/ucpolicy/student/academic-appeals-and-grievances-principles-and-procedures/.

Reconsideration of grades: If you are concerned that your final grade may be incorrect it is suggested (for CAPE) that you make an informal query to the course coordinator, but you may follow the official procedures: http://www.canterbury.ac.nz/study/examinations/result-dates-and-appeals/

Disabilities: http://www.canterbury.ac.nz/disability/

Other specific requirements

Concerns
Students with concerns about the course should contact any of the lecturers listed above, the 3rd Pro Director of Studies (Alex Yip) or the Head of Department.

Indicative Fees

Domestic fee $1,102.00

International fee $5,500.00

* Fees include New Zealand GST and do not include any programme level discount or additional course related expenses.

For further information see Chemical and Process Engineering.

All ENCH497 Occurrences

  • ENCH497-20S1 (C) Semester One 2020