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ALHOSN University Catalogue Global Knowledge with Local Vision ...

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modeling and simulation, statistical analyses and decision making, quality management, facility management,<br />

planning and control, product design and development, and information technology. The course helps articulate a<br />

globally-orientated perspective of engineering management to emphasize on new challenges for engineering<br />

managers in the new millennium.<br />

MEM 601 Advanced Engineering Economics<br />

Prerequisite: MEM 502 or equivalent<br />

Development of economic performance measures of interest to developers, owners, contractors and users: Sources<br />

of finance and the determinants of the cost of money. Elementary estimating; cost indices; forecasting<br />

techniques; value of money; economic comparison techniques; evaluation of projects in private and public sectors;<br />

tax regulations; inflation; life-cycle costing; risk analysis; non- economic attributes. Case studies of economic<br />

analysis of projects, single building and building components.<br />

MEM 602 Project Management<br />

Prerequisite: MEM 502 or equivalent<br />

This course provides an overview of the discipline of project management. It is done from both a technical<br />

perspective (use of CPM, PERT, work breakdown structure, advanced use of Microsoft Project) and from the<br />

perspective of the practice of project management (project planning, estimating costs and activities length,<br />

human resource planning and on site management, practical role of an effective project manager, project<br />

management vs. quantity surveying, project knowledge management, etc.). This class will also explore the<br />

different types of project organizations (IT, for innovation, for change, construction, etc.)<br />

MEM 603 Statistics and Decision Analysis<br />

Prerequisite: MEM 501 or equivalent<br />

The course introduces students to statistics, the development of a basic theory of decision making under<br />

uncertainty. Other topics include rationales of decision makers, utility, and the concept of the value of perfect<br />

information, the Bayesian approach to decision making; pre-posterior analysis and optimal fixed-sized analysis for<br />

random processes, decision analysis <strong>with</strong> multiple objective, structuring the problem, multi-attributed utility<br />

functions. The course also includes case studies and a course project.<br />

MEM 604 Information Technology Applications in Engineering Projects<br />

Prerequisite: None<br />

Use of computers in estimating, cost engineering, scheduling and resource analyses, materials control, report<br />

generation and operations simulation. Information systems: information-based theories of management;<br />

information technology, cost and value information; analysis, design and implementation of a network based<br />

control system. Considerations for computer usage in construction firms; hardware, software, operations,<br />

economic, human and organizational. Product and process modeling; Internet use in product delivery. A project.<br />

MEM Elective Courses (List 2)<br />

MEM 605 Legal Issues and Contract Administration<br />

Prerequisite: None<br />

Legal concepts and processes applicable to the development of constructed facilities and to the operation of the<br />

construction firm. Emphasis on contract law and contract administration. Case studies.<br />

MEM 606 Planning and Control<br />

Prerequisite: None<br />

Methods of delivering construction. Contractual relationships and organizational structures. Phases of project<br />

development. Estimating resource requirements; costs and durations. Bidding strategies. Network analysis using<br />

CPM and PERT, time-cost trade-off, resource allocation. Cash flow analysis. Earned-value concept for integrated<br />

time and cost control. Quality control. Value engineering. A case study and project.<br />

MEM 607 Advanced Planning and Control<br />

(New code and name: MEM 617 Advanced Simulation Techniques)<br />

Prerequisite: MEM 501<br />

The course introduces students to principles of modeling and simulation, classification and validation of<br />

simulation models, analysis of input data and outputs, Object Oriented Simulation (OOS), simulation languages,<br />

and application of discrete event simulation in various engineering-oriented problems. Simulation models of<br />

discrete, stochastic, and dynamic systems, in terms of procedural behaviors, will be studied. These include<br />

formulating and implementing simulation models, analysis of input and output data, statistical techniques for<br />

models of single systems and competing alternative systems, simulation optimization. Computer program Arena<br />

will be used extensively throughout the course. The course also includes case studies and a course project.<br />

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