STUDY GUIDE ENGINEERING BUSINESS MANAGEMENT- 2023
FACULTY OF ENGINEERING
AND THE BUILT ENVIRONMENT
DEPARTMENT OF INDUSTRIAL ENGINEERING
STUDY GUIDE
ENGINEERING BUSINESS MANAGEMENT (EBM307B)
NQF level:
Credits
:
Qualification :
SAQA ID:
7
28
Bachelor of Engineering Technology: Engineering:
Industrial
101698.
Compiled by: G de Clercq
Date of last revision:6 February 2023
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STUDY GUIDE ENGINEERING BUSINESS MANAGEMENT – 2023
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STUDY GUIDE ENGINEERING BUSINESS MANAGEMENT – 2023
CONTENT
STUDY GUIDE 1
1.
2.
3.
4.
SECTION A: INTRODUCTION ................................................................................................................ 4
1.1
WELCOME.................................................................................................................................. 4
1.2
HOW TO USE THIS GUIDE ....................................................................................................... 4
1.3
PURPOSE OF THIS MODULE/SUBJECT ................................................................................. 4
SECTION B: ORGANISATIONAL COMPONENT ................................................................................... 6
2.1
STAFF CONTACT DETAILS ...................................................................................................... 6
2.2
CONSULTATION AND AVAILABILITY OF LECTURER(S) ....................................................... 6
2.3
YEAR PLAN ................................................................................................................................ 7
SECTION C: PRESCRIBED AND RECOMMENDED RESOURCES...................................................... 9
3.1
PRESCRIBED RESOURCES (COMPULSORY) ........................................................................ 9
3.2
RECOMMENDED RESOURCES ............................................................................................... 9
SECTION D: SUBJECT/MODULE DESCRIPTION ............................................................................... 10
4.1
ARTICULATION AND RELATION TO OTHER SUBJECTS .................................................... 10
4.2
KNOWLEDGE AREAS.............................................................................................................. 11
4.3
HEQSF CREDIT FOR THE MODULE CALCULATION ............................................................ 11
4.4
TIME ALLOCATION .................................................................................................................. 12
4.5.
UNIT CONTENT ....................................................................................................................... 12
4.6
SUBMISSION AND FORMAT OF REPORTS AND RUBRICS WITH EVERY PROJECT ....... 22
4.7
RUBRICS FOR PROJECTS ..................................................................................................... 23
4.8
PLAGIARISM AND DISHONESTY ........................................................................................... 23
4.9
ASSIGNMENT .......................................................................................................................... 23
4.10
COMPOSITION OF FINAL MARK ............................................................................................ 23
5.
GRADUATE ATTRIBUTES (GA) ........................................................................................................... 25
6.
ACTION WORDS ........................................................................................................................... XXXVII
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STUDY GUIDE ENGINEERING BUSINESS MANAGEMENT- 2023
1.
1.1
SECTION A: INTRODUCTION
WELCOME
Welcome to the subject Engineering Business Management. This is a year subject focusing on the
techniques involving decision-making in the manufacturing as well as service industries. From the
very start, I wish to express the hope that you will find the subject interesting, exciting, educational
and that you will also develop a liking for and interest in this subject and Engineering Business
Management. Furthermore, I trust that we shall be working together in ensuring that you pass at
the end of the year and be able to apply the tools learned in the future work that you shall be
involved in in the industry and thus contribute to a successful career.
Engineering Business Management encompasses a wide range of financial aspects of enterprises
as well as the entrepreneurial offering to a generic marketplace. Problem-solving techniques and
methods applied in the pursuit of improved decision making and efficiency, such as cost volume
profit analysis, relative financial value analysis and trend analysis and time value analysis. The
subject concludes with a business plan for a small or medium enterprise.
Not all work will be covered during normal lectures and can be expected that the student does the
extra work on his/her own time. Additional work will be given and you need to make use of the
library with the aid of the librarian and use of online referencing platforms as well as the many
supporting videos on social media.
1.2
HOW TO USE THIS GUIDE
This study guide provides you with all the essential information on this programme. Section A
serves as an introduction and Section B addresses organizational matters. Section C indicates the
prescribed and recommended resources for this module. Section D addresses the learning
programme itself and provides you with amongst others the programme overview, outcomes, and
references to the textbook to enable you to do the required self-study and preparation for lecturers
Section C provides an overview of the assessment requirements for this module to enable you to
prepare for assessments and complete assignments and other work according to requirements.
You are required to familiarise yourself with the content of this study to ensure you are aware of
the requirements and expectations.
1.3
PURPOSE OF THIS MODULE/SUBJECT
The purpose of this subject is to provide the student with the fundamentals of costing calculation
considerations, product costing, analysis and interpreting financial reports, Implications of
effective interest rates and the tax effect on cash flow, advanced cash flow evaluations. This course
also empower learners to evaluate new and existing enterprises. Learners will be able to
understand entrepreneurial characteristics, drive and creativity in problem solving. The course
give learners an orientation towards a marketing strategy and the presentation of a product offering
to enhance enterprise profitability. The course culminates in business plan.
Computer applications in engineering finance are integrated in all learning materials and the
practical’s in the subjects is for students to master this aspect.
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STUDY GUIDE ENGINEERING BUSINESS MANAGEMENT – 2023
Page 5
2.
2.1
SECTION B: ORGANISATIONAL COMPONENT
STAFF CONTACT DETAILS
NAME
CAMPUS
ROOM NO
Mr. G. de Clercq
Mr. G. de Clercq
Pretoria
Pretoria
2-332
2-337
Mrs. M. Mashilo
Pretoria
Building 20 ground floor
Mr. G de Clercq.
Mr WF Haupt
Pretoria
2-332
Head of Department
Details
Mr. T. Nenzhelele
Campus Pretoria
2-332
Office
012 382 5967
Tel
NenzheleleT@tut.ac.za
Email
2.2
TEL NO
E-MAIL
012 382 4206
declercqg@tut.ac.za
declercqg@tut.ac.za
012 382 5371
012 382 4206
declercqg@tut.ac.za
Departmental Administrator
S Malefahlo
2-337
2-337
012 382 4847
CONSULTATION AND AVAILABILITY OF LECTURER(S)
Throughout the semester, the consultation will be available to all Engineering Business
Management students. If, after attending class and making every effort the student still has
problems with understanding key concepts or principles or their application, the lecturer is
available for consultation.
The lecture is available on “whatsup” 0833246893. Students are encourage to make first use of
this platform to raise questions or queries before making an appointment to seek more clarity and
understanding of academic work. The student may choose to make appointments if he/she is still
having problems with understanding, or applying the knowledge.
To allow the lecturer to plan his/her diary, it is important to book an appointment with the lecturer.
Do not assume that if the lecturer is in his/her office that you can expect consultation even if it is
during the time the lecturer has set aside for consultation. Appointments must be booked at least
three days in advance.
How to book an appointment? – Use Whatsup to mail to the lecturer requesting a consultation
slot. The lecturer will confirm on the same system if the appointment is made.
Page 6 of 39
2.3
Duration
YEAR PLAN
CONTENTS
Week 1
Nature of cost and classification of cost
Assessment 5
Week 2
Job-order costing
Absorption Costing
Assessment 5
Cost behavior: analysis of cost
Assessment 5
Week 3 – 4
Week 5 – 6
Cost Volume Profit relationship;
Assessment 1
Assessment 5
Week 7 – 8
Activity Based Costing – tool for decision making
Week 9-10
Budgeting and performance analysis
Week 11-12
Standard Cost & Variances
Week 11-12
(Self-Study)
Relevant cost for decision making
Assessment 2
Week 13-15
Capital Budgeting: Time Value of Money, Internal rate of return
Payback time
Assessment 5
Cash flows, Depreciation, Tax
Week 16
Week 17-18
Week 19
Week 20
Financial statement Analysis, Comparison financial data, Ration analysis
Assessment 3
Pricing Products & Services
Assessment 7
Entrepreneurs
Week 21
Entrepreneurial creativity, Lateral thinking, Problem solving
Assessment 7
Week 22
Evaluating opportunities (new / existing enterprises/markets)
Week 23-24
Product Mix and Marketing strategy
Assessment 4
Assessment 7
Business Plan
Assessment 6
Week 25-28
Page 7 of 39
Page 8 of 39
3.
SECTION C: PRESCRIBED AND RECOMMENDED RESOURCES
3.1
PRESCRIBED RESOURCES (COMPULSORY)
Prescribe books and documents
Name:
Managerial Accounting (17th Edition)
Author:
Garrison , Noreen, Brewer
Publisher:
McGraw-Hill
ISBN No:
9780071117944
3.2
RECOMMENDED RESOURCES
Recommended resources
Name:
Fundamentals of Financial Management 14th edition
Author:
Brigham, Houston
Publisher:
ISBN no:
10-1285867971
Name:
Fundamentals of Corporate Finance 12th edition
Author:
Ross, Westerfield, Jordan
Publisher:
Mcraw-Hill
ISBN no:
978-1-260-09190-8
Name:
Principles of managerial finance Global edition
Author:
Gitman
Publisher:
Pearson
ISBN no:
13-9781292018201
Name:
Small lBusiness Management An Entrepreneurial Emphasis 10th edition
Author:
Longnecker, Moore, Petty
Publisher:
South Western
Name:
New Venture Creation Entrepreneurship for the 21st Century
Page 9 of 39
Author:
Jeffry A Timmons
Publisher:
McGrawHill
Recommended electronic material and websites
VIDEO
YouTube and other links
WEBSITES
It is recommended that the student uses the internet as much as possible and some
assignments may be given to the students to do that incorporate the internet.
4.
4.1
SECTION D: SUBJECT/MODULE DESCRIPTION
ARTICULATION AND RELATION TO OTHER SUBJECTS
Engineering Business Management is central to all Industrial Engineering activities and therefore
links to all other subjects offered by this programme. The student will be required throughout the
duration of this programme to link knowledge and skills gained in the other subjects. This will be
done through the project briefs provided by the lecturers where themes, knowledge, and skills
learned in these subjects will require the student to demonstrate various conceptual approaches,
as well as apply critical thinking and awareness to their own creative ability with regard to decision
making.
Page 10 of 39
4.2
KNOWLEDGE AREAS
Mathematical
Sciences
Basic
Sciences
Engineering
Sciences
0
0%
0%
4.3
Engineering Computing
Design and and IT
Synthesis
0%(2 credits) 20%
(7credits)
Complementary
Studies
70% (19 credits)
HEQSF CREDIT FOR THE MODULE CALCULATION
Type of Activity
Time Unit (hours)
Contact Time Multiplier
L = total lectures
44
TL = duration of a
1,5
lecture period
ML = total work per
1,67
lecturer period
T = total tutorials
0
TT = duration of a
1
tutorial period
MT = total work per
1,00
tutorial period
P = total practical
44
TP = duration of a
1,5
practical period
MP = total work per
1,00
practical period
X = total other
9
contact periods
TX = duration of
other period
1,5
A = total assignment
12
non-contact
TA = duration of
assignment
1,0
MX = total work per
1,0
other period
ME = total work
outside L, T, P, X,
3,3
and
A
per
assessment hour
E = assessment
hours outside time
20
accounted for by L,
T, P, X and A
HEQSF CREDIT FOR THE MODULE (C*):
28,0
C = {(L * T L* ML) + (T * TT * MT) + (P * TP * MP) + (X * TX * MX) + (A * TA) + (E * ME)} / 10
C = {(44*1.5*1) + (0*1*1) + (44*1.5*1) + (18*1,5*1) + (12*1) + (20*3.3)} / 10
C= 110 + 0
+ 66
+ 27
+ 12
+ 66
C=28
Page 11 of 39
4.4
TIME ALLOCATION
Learning Activity
Lectures
Student
preparation
and
self-study
Tutorials
Practical’s
/
Laboratory
Other
contact
periods
Assignments
Assessments
Total
learning
time
4.5.
Time
(hrs)
84
80
0
40
18
40
18
280
UNIT CONTENT
UNIT 1: Nature of cost and classification of cost
Learning Outcomes: Become familiar with the processes and issues involved in identifying
and defining cost in a real project.
Identify manufacturing cost categories, period cost and product cost.
GA11
GA10
X
GA9
GA8
The following GA will be developed
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Understand differences between variable and fixed cost.
Graduate Attribute(GA)
X
Exercises & Assignments: Peanut butter project - Oral instruction = This instruction is on
Brightspace under assignments.
DUE DATE - 21 February 2023 08h00 submission on Brightspace
Page 12 of 39
UNIT 2 & 3: Job-order costing and Absorption Costing
Learning Outcomes: Distinguish between job order and process costing
Compute predetermined overhead rates
The following GA will be developed
GA11
GA10
GA9
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
X
Due date
UNIT 4: LINEAR Cost behaviour: analysis of cost
Learning Outcomes: Understand fixed and variable cost behaviour.
Apply high low method to analyse mixed cost.
Analyse mixed cost using regression analysis on excel
Plot mixed cost on a scatter graph using excel
GA11
GA10
GA9
GA8
GA7
GA6
GA5
GA4
GA3
The following GA will be developed
GA2
GA1
Graduate Attribute(GA)
X
Exercises & Assignments:
UNIT 5: Cost Volume Profit Relationship
Learning Outcomes: Explain how changes in activity affect contribution margin and net
operating income.
Page 13 of 39
Use contribution margin ration in predicting profit with changes in sales volume.
Compute break-even sales in units and turnover.
Compute the margin of safety
X
Assessments
GA11
GA10
GA9
The following GA will be developed
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
X
Due date
Exercises & Assignments: Individual assignment – Peanut
Butter Project – CVP calculation on Excel
UNIT 6: Activity Based Costing – tool for decision making
Learning Outcomes: Understand Activity Based Costing (ABC) and how ABC differs
from traditional costing.
Assign cost to cost pools, compute activity rates for cost pools, assign cost to cost object
using second-stage allocation
GA11
GA10
Assessments
GA9
The following GA will be developed
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
X
Due date
Exercises & Assignments:
Page 14 of 39
UNIT 6: Budgeting and performance analysis
Learning Outcomes: Prepare a sales budget, production budget, material and labour
and overhead budget.
Prepare a cash budget, budgeted income statement and balance sheet.
GA11
GA10
Assessments
GA9
The following GA will be developed
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
X
Due date
Exercises & Assignments:
Page 15 of 39
UNIT 7: Standard Cost & Variances
Learning Outcomes: Explain how direct material and labour standards are set.
Calculate direct material price and quantity variances, labour rate and efficiency variances,
variable overhead spending and efficiency variances.
GA11
GA10
GA9
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
The following GA will be developed
Assessments
Due date
Exercises & Assignments:
UNIT 8: Relevant cost for decision making
Learning Outcomes: Identify relevant and irrelevant costs and benefits in a decision used in
modeling to solve real world problems.
Prepare and analysis showing whether a product line or other segment should be dropped or
retained.
Prepare a make or buy decision.
Prepare an analysis showing whether a special order should be accepted.
Determine the most profitable use of constrained resources.
Prepare an analysis showing whether joint products should be sold at the split-off point or
processed further.
GA11
GA10
GA9
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
Page 16 of 39
The following GA will be developed
Assessments
X
Due date
Exercises & Assignments:
Page 17 of 39
UNIT 9: Capital Budgeting: Time Value of Money, Internal rate of return, Payback time.
Learning Outcomes:
present value method.
Evaluate the acceptability of an investment project using the net
Calculate the internal rate of return.
Evaluate investments with uncertain cash flows
Determine the payback period.
The following GA will be developed and
assessed
GA11
GA10
GA9
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
X
Assessments
Due date
Exercises & Assignments:
UNIT 10: Cash flows, Depreciation, Tax return, Payback time.
Learning Outcomes:
Include income taxes in capital budget analysis.
GA11
GA10
Assessments
GA9
The following GA will be developed
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
X
Due date
Exercises & Assignments:
Page 18 of 39
UNIT 11: Financial statement Analysis, Comparison financial data, Ration analysis.
Learning Outcomes: Prepare and interpret financial statement in comparative and commonsize form.
Calculate and interpret financial ratios.
The following GA will be developed
GA11
GA10
GA9
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
X
Assessments
Due date
Exercises & Assignments:
UNIT 12:
Pricing Products & Services
Learning Outcomes: Compute profit-maximizing price of a product or service using the price
elasticity of demand and variable cost.
Compute target price of a new product or service
GA11
GA10
GA9
GA8
GA7
Assessments
GA6
GA5
GA4
GA3
GA2
GA1
Compare selling price of a product using absorption costing.
Graduate Attribute(GA)
Due date
Exercises & Assignments:
UNIT 13: Entrepreneurs
Learning Outcomes: Describe characteristics of entrepreneurs
Assessing once own abilities required for success in business.
Page 19 of 39
GA9
GA10
GA11
GA9
GA10
GA11
GA9
GA10
GA11
The following GA will be developed
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
X
Assessments
Due date
Exercises & Assignments:
UNIT 14: Entrepreneurial creativity, Later thinking, Problem solving.
Learning Outcomes: Apply lateral thinking in problem solving.
Use creativity in enterprise development.
GA8
GA7
GA6
GA5
GA4
X
GA3
GA1
The following GA will be developed
GA2
Graduate Attribute(GA)
X
Assessments
Due date
Exercises & Assignments:
UNIT 15: Evaluating opportunities (new / existing enterprises)
Learning Outcomes:
Evaluate startup and buying opportunities
Evaluate Franchising opportunities
Evaluate Family business opportunities
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
Page 20 of 39
Assessments
Due date
Exercises & Assignments:
UNIT 16: Product Mix and Marketing strategy
Learning Outcomes: Analyse the market and formulating a marketing plan.
Create a competitive advantage
GA11
GA10
GA9
The following GA will be developed
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
X
Assessments
Due date
Exercises & Assignments:
UNIT 17: Business Plan
Learning Outcomes: Integrated business plan that proves a market exist and do not assume
market, all aspects of the plan should be integrate all into a complete plan starting from the
product offering.
GA11
GA10
Assessments
X
GA9
The following GA will be assessed
GA8
GA7
GA6
GA5
GA4
GA3
GA2
GA1
Graduate Attribute(GA)
X
Due date
Exercises & Assignments: Develop an integrated Business
Plan for a SMME or expansion in a product line.
Page 21 of 39
4.6
SUBMISSION AND FORMAT OF REPORTS AND RUBRICS WITH
EVERY PROJECT
All reports must comply with at least the basics of a technical report. Submit all reports as if it
is a report to an employer or project manager. Therefore the format will be at least as follows:

Cover page

Table of content

Introduction to the assignment or practical

Detailed information

Summary

List of references

Font: Arial

Font size: 12 points

Line spacing: 1,5

Margins: 25 mm
A template will be available on MyTutor on Brightspace that is formatted correctly to the above
mentioned format. Download this template and use it as is.
Important!!!
1) Information that is Cut and Paste from the internet will be marked negatively as it
does not indicate that the student understand the relevant work.
2) Reports must be submitted through MyTutor on Brightspace
On completion of the report, before submitting the report, rename the template to a
recognizable name that can be linked to the group or individual to whom the results of the
report must go. For example:

“Ass 2 -Mightyminds.doc” – This is assignment 2 of the group that calls
themselves Mighty Minds.

“Ass 1- B Kruger.ess” – This is assignment 1 of B. Kruger.
3) Do not include in reports any art, pictures or information that has absolutely no
relevance to the task. It will impact negatively on your scoring for the report’s layout.
Page 22 of 39
4.7 RUBRICS FOR PROJECTS and ASSIGNMENTS
Rubrics are posted with projects and assignments on Brightspace in myTUTor.
4.8
PLAGIARISM AND DISHONESTY
Handing in any written assignment for assessment in which the essential parts of the
assignment have been copied from the work of another person, or any form of plagiarism is
regarded as misconduct and will be dealt with according to TUT policies and procedures
4.9
ASSIGNMENT Maximum of 3 students in a group
You are required to formulate a business plan for a small medium enterprise. The business plan
cannot assume a market but instead the authors needs to proof the existence of a market and
submit it as part of the business plan.
It is required that the product offering and the marketing mix be clearly communicated in the plan.
The project requires a total integrated plan, starting from the market segment, marketing strategy,
production plan, facility and capital choices, product costing, scheduling all represented in the
budgeted income statement and cash requirements. The report will be accompanied with an
integrated excel spreadsheet that collects all relevant cost into budgeted income statement that
reflects all aspects of the business, and the plan for it.
Graduate attribute 8 and graduate attribute 11 are assessed in this assignment.
4.10 COMPOSITION OF FINAL MARK
All marks must be checked and verified by students for correctness within 3 days of publishing.
No alterations will be made after this time.
The predicate and final mark will be calculated as follows:
Assessment
Weights
WEIGHT OF SUMMUTIVE ASSESSMENT DURING THE SEMESTER
PR / T
Assessment WR1
Assessment WR 2
Assessment WR 3
Assessment WR 4
Assessment WR 5
WR
15%
15%
15%
15%
AS
Graduate
Attribute 11
Graduate
Attribute 8
1
Assessment WR 6
1
Assessment PR 7
Assessment PR 8
Assessment AS 9
10%
10%
TOTAL
20%
18%
62%
18%
Page 23 of 39
Assessments PR7 & PR8 consists of a number of practical/tutorials and online assessments
accumulated during semester 1 and during semester 2. The submission of these are compulsory
and the assessments selected for the marks used in PR7 & PR8 are not known in advance to the
learner.
AS:
Assignments & Project
PR:
Practical work / Experiments
WR:
Written Tests
T:
Tutorials
Final mark:
This module is continuous assessment. This indicate that all assessments count towards the final mark
of the module. A final mark of 50% in needed in order to have passed the module.
Practical and Tutorial and assessments submissions.
Only submission to Brightspace (the TUT Learning Management System) are accepted.
No e-mails will be accepted! To ensure you are able to submit and are not jeopardised by
load-shedding, load the content well in advance.
Page 24 of 39
5.
Graduate Attributes (GA)
The graduate is able to demonstrate competence in the graduate attributes 1 to 10. The Graduate
Attributes are stated generically and may be assessed in various engineering disciplinary or
cross-disciplinary contexts in a provider-based or simulated practice environment. Words and
phrases having specific meaning are defined in this document or in the ECSA document E-01-P.
Note:
General Range Statement: The competencies defined in the ten graduate attributes may be
demonstrated in a provider-based and / or simulated workplace context.
Graduate Attribute 1: Problem solving
Apply engineering principles to systematically diagnose and solve broadly-defined engineering
problems
Level Descriptor: Broadly-Defined engineering problems:
a. require coherent and detailed engineering knowledge underpinning the technology area;
and one or more of the characteristics:
b. are ill-posed, or under or over specified, requiring identification and interpretation into the
technology area;
c. encompass systems within complex engineering systems;
d. belong to families of problems which are solved in well-accepted but innovative ways;
and one or more of the characteristics:
e. can be solved by structured analysis techniques;
f. may be partially outside standards and codes; must provide justification to operate outside;
g. require information from practice area and source interfacing with the practice area that is
incomplete;
h. involves a variety of issues which may impose conflicting needs and constraints; technical,
engineering and interested or affected parties.
Graduate Attribute 2: Application of scientific and engineering knowledge
Apply knowledge of mathematics, natural science and engineering sciences to defined and
applied engineering procedures, processes, systems and methodologies to solve broadly-defined
engineering problems.
Range Statement: The level of knowledge of mathematics, natural sciences and engineering
sciences is characterized by:
• A knowledge of mathematics using formalism and oriented toward engineering analysis and
modelling; fundamental knowledge of natural science: both as relevant to a sub-discipline or
recognised practice area;
• A coherent range of fundamental principles in engineering science and technology underlying
an engineering sub-discipline or recognised practice;
• A systematic body of established and emerging knowledge in specialist area or recognized
practice area; and
• The use of mathematics, natural sciences and engineering sciences, supported by established
models, to aid solving broadly-defined engineering problems.
Page 25 of 39
Graduate Attribute 3: Engineering Design
Perform procedural and non-procedural design of broadly defined components, systems, works,
products or processes to meet desired needs normally within applicable standards, codes of
practice and legislation.
Range Statement: Design problems used in assessment must conform to the definition of
broadly-defined engineering problems.
1. A major design project must be used to provide a body of evidence that demonstrates this
outcome.
2. The project would be typical of that which the graduate would participate in a typical
employment situation shortly after graduation.
3. The selection of components, systems, engineering works, products or processes to be
designed is dependent on the sub-discipline.
4. A major design project should include one or more of the following impacts: social, economic,
legal, health, safety, and environmental.
Graduate Attribute 4: Investigations, experiments and data analysis
Conduct investigations of broadly-defined problems through locating, searching and selecting
relevant data from codes, data bases and literature, designing and conducting experiments,
analysing and interpreting results to provide valid conclusions.
Range Statement: The balance of investigation and experiment should be appropriate to the
discipline. An investigation or experimental study should be typical of those in which the graduate
would participate in an employment situation shortly after graduation.
Note: An investigation differs from a design in that the objective is to produce knowledge and
understanding of a phenomenon.
Graduate Attribute 5: Engineering methods, skills, tools, including Information Technology
Use appropriate techniques, resources, and modern engineering tools, including information
technology, prediction and modelling, for the solution of broadly-defined engineering problems,
with an understanding of the limitations, restrictions, premises, assumptions and constraints.
Range Statement: A range of methods, skills and tools appropriate to the sub-discipline of the
program including:
1. Sub-discipline-specific tools, processes or procedures.
2. Computer packages for computation, modelling, simulation, and information handling;
3. Computers and networks and information infra-structures for accessing, processing, managing,
and storing information to enhance personal productivity and teamwork;
4. Techniques from economics, management, and health, safety and environmental protection.
Graduate Attribute 6: Professional and Technical Communication
Communicate effectively, both orally and in writing, with engineering audiences and the affected
parties.
Range Statement: Material to be communicated is in an academic or simulated professional
context.
1. Audiences range from engineering peers, related engineering personnel and lay persons.
Appropriate academic or professional discourse is used.
2. Written reports range from short (300-1000 words plus tables and diagrams) to long (10 000 to
15 000 words plus tables, diagrams and appendices), covering material at exit level.
3. Methods of providing information include the conventional methods of the discipline, for
example engineering drawings, as well as subject-specific methods.
Graduate Attribute 7: Sustainability and Impact of Engineering Activity
Page 26 of 39
Demonstrate knowledge and understanding of the impact of engineering activity on the society,
economy, industrial and physical environment, and address issues by analysis and evaluation.
Range Statement: The combination of social, workplace (industrial) and physical environmental
factors must be appropriate to the sub-discipline of the qualification. Evidence may include case
studies typical of the technological practice situations in which the graduate is likely to participate.
Issues and impacts to be addressed:
1. Are generally within, but may be partially outside of standards and code of practice
2. Involve several groups of stakeholders with differing and conflicting needs.
3. Have consequences that are locally important but may extend more widely.
4. May be part of, or a system within a wider engineering system.
Graduate Attribute 8: Individual, Team and Multidisciplinary Working
Demonstrate knowledge and understanding of engineering management principles and apply
these to one’s own work, as a member and leader in a team and to manage projects.
Range Statement:
1. The ability to manage a project should be demonstrated in the form of the project indicated in
attribute 3.
2. Tasks are discipline specific and within the technical competence of the graduate.
3. Projects could include: laboratories, business plans, design, etc.;
4. Management principles include:
4.1 Planning: set objectives, select strategies, implement strategies and review achievement;
4.2 Organising: set operational model, identify and assign tasks, identify inputs, delegate
responsibility and authority;
4.3 Leading: give directions, set example, communicate, motivate;
4.4 Controlling: monitor performance, check against standards, identify variations and take
remedial action.
Graduate Attribute 9: Independent Learning
Engage in independent and life-long learning through well-developed learning skills.
Range Statement: The learning context is varying and unfamiliar. Some information is drawn
from the technological literature.
Graduate Attribute 10: Engineering Professionalism
Comprehend and apply ethical principles and commit to professional ethics, responsibilities and
norms of engineering technology practice.
Range Statement: Evidence includes case studies typical of engineering practice situations in
which the graduate is likely to participate.
Graduate Attribute Outcome 11: Engineering management
Demonstrate knowledge and understanding of engineering management principles and economic
decision-making.
Range Statement: Basic techniques from economics, business management; project
management applied to one’s own work, as a member and leader in a team, to manage projects
and in multidisciplinary environments
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Graduate Attributes GA8 and GA11 are assessed in this subject.
GA 8: Individual, team and multidisciplinary working
Exceeds
expectation
Individual Idea
Contribution: Ability to
1 contribute useful ideas
to advance work of
team
Individual work
Contribution: Ability to
carry out individual
responsibilities
2
Routinely
contributed
useful ideas to
advance work of
team
Designated jobs
were
accomplished by
deadline;
completed work
was carefully and
meticulously
prepared and met
all requirements.
Leadership skills: Ability
Exemplify
to lead a team.
leadership skills
Mentoring and accepts
mentoring from others.
3
Demonstrates capacity
for initiative while
respecting other's
roles.
Working with others:
Skilfully listens to,
Ability to listen to,
collaborate with
collaborate with and
and champions
4 champion the efforts of
the efforts of
others
others
5
Promoting Positive
Team Atmosphere:
Ability to foster a
positive and productive
team atmosphere and
keep team members
working together. Is
courteous and
respectful with team
members.
Demonstrate positive
attitude using verbal
Always upholds
and promotes a
constructive team
atmosphere by
exhibiting
courtesy, respect
and a positive
attitude , and by
offering
motivation and
assistance. Works
tirelessly to try to
keep people
Satisfactory
Requires
improvement
Unsatisfactory
Contributed
useful ideas to
advance work
of team
Sometimes
contributed
useful ideas to
advance work
of team
Designated jobs
were
accomplished
by deadline;
completed work
meets most
requirements.
Rarely
contributed
useful ideas to
advance work
of team
Some
Designated jobs
meets some
requirements.
Demonstrates
leadership skills
Demonstrates
some
leadership skills
some times
Demonstrates
no leadership
skills
Listens to,
collaborate
with, and
champions the
efforts of others
Sometimes
listens to,
collaborate
with, and
champions the
efforts of others
Rarely listens
to, collaborate
with, and
champions the
efforts of others
Promotes a
constructive
team
atmosphere by
exhibiting
courtesy,
respect and a
positive attitude
, and by offering
motivation and
assistance. Tries
to keep people
Sometimes
Promotes a
constructive
team
atmosphere by
exhibiting
courtesy,
respect and a
positive attitude
, and by offering
motivation and
assistance. At
time tries to
Rarely supports
a constructive
team climate
with regards to
courtesy,
respect,
attitude,
motivation and
assistance. Does
not try to keep
people working
together.
Designated jobs
were
accomplished
by deadline;
completed work
meets
requirements.
Page 28 of 39
6
7
and non-verbal cues
and tone
working well
together.
working
together.
keep people
working
together.
Addresses Conflict:
Ability to identify,
respond to and resolve
potentially damaging
conflict among team
members.
Identify, respond
to negative
conflict in prompt
and helpful
manner.
Identify,
respond to
negative
conflict and is
able to mediate
it.
Sometimes
identify conflict
and tries to
manage it.
Multidisciplinary
Teams:
Ability to appreciate,
understand and
work with
multidisciplinary team
members
Has great
appreciation for
and
understanding of
disciplines
outside of own.
Works profitably
with
multidisciplinary
team members.
Has
Has some
Has no
appreciation for appreciation for appreciation for
and
and
or
understanding
understanding
understanding
of disciplines
of disciplines
of disciplines
outside of own. outside of own outside of own.
Works
but works less
Is unable to
effectively with effectively with work effectively
multidisciplinary multidisciplinary
with
team members. team members. multidisciplinary
team members.
Rarely identify
conflict or
addresses
conflict.
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GA11: Graduate Attribute Outcome 11: Engineering management
Demonstrate knowledge and understanding of engineering management
principles and economic decision-making.
Range Statement: Basic techniques from economics, business management;
project management applied to one’s own work, as a member and leader in a
team, to manage projects and in multidisciplinary environments
Exceeds
expectation
Satisfactory
Requires
improvement
Unsatisfactory
Accurately
selects and
identify all cost
that were
relevant for
proper decisionmaking
Error by over
identification of
all possible
relevant cost.
Major cost
aspects missed
that were
relevant in
decision making
Ability to quantify
relevant cost.
Accurate
quantification
of relevant cost
with
authentication
of the cost.
Minor aspects
missing in
quantification
of actual cost
with
authentication
of the cost
Poor reflection
of relevant cost
Minor cost
aspects missed
that were
relevant in the
decision making
information
Crucial aspects
missing in
quantification
of actual cost
and poor
authentication
of cost.
Developing cash-flow
stream for evaluation
of capital decisions.
Accurate after
tax cash-flow
stream
developed
Accurate cashflow stream
developed with
minor omissions
Minor aspects
in cash-flow
missing
Unrealistic
quantification
of cost. Over or
under
quantification
and absence of
authentication
of cost.
Major aspects
of cash-flow
omitted
Evaluating Cash-flow
stream.
Accurate and
correct Net
Present Value
(NPV)evaluation
and Payback
Minor Error in
calculating NPV
and accurate
payback
calculation
Inaccurate
calculation of
NPV and
payback period
Major aspects in
NPV calculation
incorrectly
applied
Selection and
identification of
relevant cost for
budgeting and
1
forecasts
2
3
4
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Interaction in
Multidisciplinary
Teams:
Ability to appreciate,
understand and
work with
5
multidisciplinary
team members.
Risk Analysis:
Ability to identify
risks (physical,
emotional, monetary,
risks of repute, etc.)
6
related to a project,
consider the
likelihood of the risks,
and the gravity of
their effects
Time and Change
Management: Ability
to estimate time on
task, establish
deadlines/milestones,
follow timeline,
7
monitor and
complete project.
Ability to plan for
contingencies and
adapt to
change
Proposal / Project
Outcomes
Ability to understand
the problem, the
client’s needs, and
propose a plan, and
realistic evaluate the
8
project with adaption
for subsequent
projects.
Demonstrated
great
appreciation for
and
understanding
of disciplines
outside of own
discipline.
Worked
profitably with
multidisciplinary
team members.
Identified all
risks related to
the project.
Accurately
estimated the
likelihood of the
risks, and the
gravity of their
effects.
Demonstrated
appreciation for
and
understanding
of disciplines
outside of own
discipline.
Worked
effectively with
multidisciplinary
team members.
Demonstrated
no appreciation
for or
understanding
of disciplines
outside of own
discipline.
Worked
effectively with
multidisciplinary
team members.
Identified risks
related to the
project.
Estimated the
likelihood of the
risks, and the
gravity of their
effects
Demonstrated
some
appreciation for
and
understanding
of disciplines
outside of own
discipline.
Worked less
effectively with
multidisciplinary
team members.
Identified some
basic risks, and
was able to
estimate some
of the likelihood
of the risks, and
the gravity of
their effects.
Demonstrated a
skilful ability to
manage time
and change.
Demonstrated
an ability to
manage time
and change
Demonstrated
some ability to
manage time
and change.
Demonstrated
minimal or no
ability to
manage time
and change.
Demonstrated
ability to create
a
comprehensive
proposal that
skilfully
addresses the
problem and
the client’s
needs, and the
skilful ability to
evaluate
outcomes for
adaption of
Demonstrated
an ability to
develop a
proposal that
addresses the
problem and
the client’s
needs, and
ability to
evaluate project
outcomes for
adaption for
subsequent
projects.
Demonstrated
some ability to
create a
proposal, which
may not fully
address the
problem and/or
the client’s
needs and or
does not
evaluate all
project
outcomes for
adaption in
Demonstrated
minimal or no
ability to create
a proposal nor
to evaluate
project
outcomes for
adaption in
subsequent
projects.
Identified few
basic risks. May
inaccurately
estimate the
likelihood of the
risks, and/or the
gravity of their
effects
Page 31 of 39
subsequent
projects.
subsequent
projects.
In order to pass this module, each student must achieve ALL of the exit-level outcomes (Gas)
indicated in the table below.
For individually examined modules (such as final project reports and design reviews), the external
examiner must determine if a particular student has met each GA. A student who fails to meet any
of the Gas will be assigned a failing mark regardless of performance in other areas.
Achievement of graduate attribute Outcomes:
Exam
Supplementary Exam
Other Test of Assessment Continuous evaluation
(Specify assessment)
If this assessment is on a per-student basis (such as a project report or design review), provide student
details below:
Department: Industrial Engineering
Module Name: Engineering Business
Management
Program(s)
Industrial Engineering
Moderator(s)/Examiner(s):
Code: EBM307B
Year:2021
Affiliation:
Assessment information (Should be filled in before the being sent to moderator/examiner)
Student Name
Student number
Moderation/Examination Guidelines (Please read carefully)
In order to pass this module, each student must achieve ALL of the exit-level outcomes (Gas) indicated
in the table below.
For individually examined modules (such as final project reports and design reviews), the external
examiner must determine if a particular student has met each GA. A student who fails to meet any of
the Gas will be assigned a failing mark regardless of performance in other areas.
For modules in which all of the students are accessed at once (such as through exams, tests, and
assignments), the assessor and external moderator must ensure and assert that any student who
achieves a passing mark for the module has met ALL of the required Gas. The assessment and
Page 32 of 39
memorandum should be signed in such a way that failure to meet any of the Gas will result in a failing
mark for the module.
Please complete the following:
I
, understand the moderation procedure regarding exit-level
outcomes for this assessment and module.
Signature:
Date:
ECSA Graduate attribute Outcome that should be achieved in this module
GA 1
GA 2
GA 3
GA 4
GA 5
GA 6
GA 7
GA 8
X
GA 9
GA 10
GA 11
X
Achievement of graduate attribute Outcomes
On the following page, please indicate whether each graduate attribute Outcome is achieved in this
module, and please provide comments in the space provided.
If any required graduate attribute Outcome is not achieved, please describe any remedial action that
can be taken to address the outstanding outcome, as appropriate.
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Graduate attribute Outcome 1: Problem solving
Identify, formulate, analyse and solve complex engineering problems creatively and innovatively.
Level Descriptor: Complex Engineering Problems:
a) require in-depth fundamental and specialized engineering knowledge; and have one or more of the
characteristics:
b) are ill-posed, under- or over specified, or require identification and refinement;
c) are high-level problems including component parts or sub-problems;
d) are unfamiliar or involve infrequently encountered issues; and their solution have one or more of the
characteristics:
e) are not obvious, require originality or analysis based on fundamentals;
f) are outside the scope of standards and codes;
g) require information from variety of sources that is complex, abstract or incomplete;
h) involve wide-ranging or conflicting issues: technical, engineering and interested or affected parties.
Please provide comments on how this GA was or was not met.
Achieved
Not
Achieved
Please tick the
appropriate box above
and initial below:
Initial
Graduate attribute Outcome 2: Application of scientific and engineering knowledge
Apply knowledge of mathematics, natural sciences, engineering fundamentals and an engineering
speciality to solve complex engineering problems.
Level descriptor: knowledge of mathematics, natural sciences and engineering science is characterized by:
-A systematic, theory-based understanding of the natural sciences applicable to the discipline;
-Conceptually-based mathematics, numerical analysis, statistics and formal aspects of computer and
information science to support analysis and modelling applicable to the discipline;
-A systematic, theory-based formulation of engineering fundamentals required in the engineering discipline;
-Engineering specialist knowledge that provides theoretical frameworks and bodies of knowledge for the
accepted practice areas in the engineering discipline; much is at the forefront of the discipline.
Mathematics, natural sciences and engineering sciences are applied in formal analysis and modelling of
engineering situations, and for reasoning about and conceptualizing engineering problems.
Achieved
Not
Achieved
Please tick the
appropriate box above
and initial below:
Initial
Please provide comments on how this GA was or was not met.
Graduate attribute Outcome 3: Engineering Design
Perform creative, procedural and non-procedural design and synthesis of components, systems,
engineering works, products or processes.
Range Statement: Design problems used in Graduate attribute assessment must conform to the definition
of a complex engineering problem, defined under Graduate Attribute Outcome 1. A major design problem
should be used to provide evidence. The design knowledge base and components, systems, engineering
works, products or processes to be designed are dependent on the discipline or practice area
Achieved
Not
Achieved
Please tick the
appropriate box above
and initial below:
Initial
Please provide comments on how this GA was or was not met.
Graduate Attribute Outcome 4: Investigation, experiments and data analysis
Demonstrate competence to design and conduct investigations and experiments.
Range statement: The balance of investigation and experiment should be appropriate to the discipline.
Research methodology to be applied in research or investigation where the student engages with
selected knowledge in the research literature of the discipline.
Note: An investigation differs from a design in that the objective is to produce knowledge and
understanding of a phenomenon and a recommended course of action rather than specifying how an
artefact could be produced.
Achieved
Not
Achieved
Please tick the
appropriate box above
and initial below:
Page xxxiv of 39
Initial
Please provide comments on how this GA was or was not met.
Graduate Attribute Outcome 5: Engineering methods, skills and tools, including Information
Technology
Demonstrate competence to use appropriate engineering methods, skills and tools, including those
based on information technology.
Range Statement: A range of methods, skills and tools appropriate to the disciplinary designation of
the program including:
1. Discipline-specific tools, processes or procedures;
2. Computer packages for computation, modelling, simulation, and information handling;
3. Computers and networks and information infrastructures for accessing, processing, managing, and
storing information to enhance personal productivity and teamwork;
4. Basic techniques from economics, business management;
5. Health, safety and environmental protection appropriate to the discipline;
6. Risk assessment and management;
7. Project management.
Achieved
Not
Achieved
Please tick the
appropriate box above
and initial below:
Initial
Please provide comments on how this GA was or was not met.
Graduate Attribute Outcome 6: Professional and technical communication
Demonstrate competence to communicate effectively, both orally and in writing with engineering
audiences and the community at large.
Range Statement: Material to be communicated is in academic or stimulated professional context.
Audiences range from engineering peers, management and lay persons, using appropriate academic
or professional discourse. Written report range from short (300-1 000 words plus tables and diagrams)
to long (10 000 to 15 000 words plus tables, diagrams and appendices), covering material at Graduate
attribute. Methods of providing information include the conventional methods of the discipline, for
example engineering drawings, as well as subject-specific methods.
Achieved
Not
Achieved
Please tick the
appropriate box above
and initial below:
Initial
Please provide comments on how this GA was or was not met.
Graduate Attribute Outcome 7: Impact of Engineering Activity
Demonstrate critical awareness of the impact of engineering activity on the social, industrial and
physical environment.
Range Statement: the combination of social, workplace (industrial) and physical environmental factor
must be appropriate to the discipline of the qualification. Comprehension of the role of engineering in
society and identified issues in engineering practice in the discipline: ethics and the professional
responsibility of an engineer to public safety; the impacts of engineering activity: economics, social,
cultural, environmental and sustainability
Achieved
Not
Achieved
Please tick the
appropriate box above
and initial below:
Initial
Please provide comments on how this GA was or was not met.
Page xxxv of 39
Graduate Attribute Outcome 8: Individual, Team and Multidisciplinary Working
Demonstrate competence to work effectively as an individual, in teams and in multidisciplinary
environments.
Range Statement: Multidisciplinary tasks require co-operation across at least one disciplinary
boundary. Co-operating disciplines may be engineering discipline with different fundamental bases
other than that of the programme or may be outside engineering.
Achieved
Not
Achieved
Please tick the
appropriate box above
and initial below:
Initial
Please provide comments on how this GA was or was not met.
Graduate Attribute Outcome 9: Independent Learning Ability
Demonstrate competence to engage in independent learning through well-developed learning skills.
Range Statement: Operate independently in complex, ill-defined contexts requiring personal
responsibility and initiative, accurately self-evaluate and take responsibility for learning requirements;
be aware of social and ethical implications of applying knowledge in particular contexts.
Achieved
Not
Achieved
Please tick the
appropriate box above
and initial below:
Initial
Please provide comments on how this GA was or was not met.
Graduate Attribute Outcome 10: Engineering Professionalism
Demonstrate critical awareness of the need to act professionally and ethically and to exercise
judgement and take responsibility within own limits of competence.
Range Statement: Evidence includes case studies typical of engineering practice situations in which
the graduate is likely to participate. The contextual knowledge profile specified in the range statement
of Graduate attribute outcome 7 is applicable here.
Achieved
Not
Achieved
Please tick the
appropriate box above
and initial below:
Initial
Please provide comments on how this GA was or was not met.
Graduate Attribute Outcome 11: Engineering management
Demonstrate knowledge and understanding of engineering management principles and economic
decision-making.
Range Statement: Basic techniques from economics, business management; project management
applied to one’s own work, as a member and leader in a team, to manage projects and in
multidisciplinary environments
Achieved
Page xxxvi of 39
Not
Achieve
d
Please tick the
appropriate box above
and initial below:
Initial
Please provide comments on how this GA was or was not met.
Name of Moderator/Examiner
Signature of Moderator/Examiner
Date
Name of Lecturer/Module Coordinator
Signature of Lecturer/Module
Coordinator
Date
6. ACTION WORDS
Action words that you may be exposed to in this learning guide
Apply
Put to practical use or make use of a relevant equation or law.
Calculate
Determine the value, using formulae or specific calculation methods.
Classify
Group concepts or subjects together based on certain characteristics or
commonalities.
Point out the similarities and differences between objects or points of view. The
word contrast can also be used.
Transform a quantity expressed in one unit to a quantity expressed in another
unit.
Give a short and clear description of a term or concept.
Compare
Convert
Define
Demonstrate
Derive
Describe
Differentiate
Discuss
Distinguish
Draw
Explain
Show clearly/prove/make clear by reasoning or evidence/illustrate and explain,
especially with many examples.
Deduce or infer something from the given information.
Tell in detail how a process works or how a subject appears. You need not
comment on the process or the subject or give your own point of view.
Find differences between objects or statements.
Explain terms or concepts in your own words. Give comments or give your
own point of view.
Write down the differences between subjects or concepts.
Create a drawing, diagram or representation of a subject or concept.
Write about the subject in your own words. Clarify or give reasons – it may be
useful to use examples or illustrations. You must prove that you understand the
Page xxxvii of 39
content.
Formulate
Express in a concise, systematic way.
Identify
Establish the identity or recognise a process.
Illustrate
Explain by means of detailed descriptions and drawings.
Interpret
Explain or clarify the meaning of a concept/value.
List/Name
Briefly write down the facts or main points.
Motivate
Give reason(s) for your answer.
Name
Nominate or specify a site or process.
Organise
Arrange data according to certain criteria.
Predict
Use the facts available to derive an outcome.
Relate
Show the relation/connection of entities, how the concepts can be linked.
Solve
Find an answer by using critical thinking and/or calculations.
Summarise
Briefly state/list/write down only the most important detail/facts.
Understand
Show insight into or know the meaning/nature of a concept or term; to
comprehend.
Page xxxviii of 39
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