The pilot Engineering Economy project provides the trainees with fundamental knowledge, skills, general principals and methodologies of the engineering economy to enhance their economical decision-making ability. Although the training will be given to engineers and engineering students, the published (on the net www.Engineering-Ecomoy.com) developed material may be used for accounting, economics, finance, and management students.

Project Name: New Vision of Engineering Economy Teaching - VISION

Project Reference: M003A04

Consortium Partners of the Project: The contractor: Naples Federico II-Italy, Prof. Renato Rizzo. The coordinator: FECU-Egypt, Dr. Sayed Kaseb. Partners: University of York-UK, Prof. Tony Ward, and TEI of Piraeus-Greece, Dr. Emilia Kondili.

Eligibility period: July 2004 – October 2005

Contact Person: Dr. Sayed Kaseb, Faculty of Engineering, Cairo University

                  e-mail Kaseb@Pathways.edu.eg     Tel: 5713852 and 012-7457966

Mission and Objectives of the Project

Although, about 35% of the project activities were accomplished, until now, the fund is not transferred. All project partners and FECU team members exerted the required efforts to reach the above percentage. Great thanks to FECU administration especially: Prof. Mohamed Kamal Bedewy, FECU Dean and Prof. Zeinab Safar, Head of MPE Dept., for their support to the Egyptian project team. They made the entire infrastructure available for the project as well as FECU co-finance. The main activates and their implementation percentages are:

• Establishment of FECU team, 100%

• Develop Engineering Economy Website, 75%

• Project Management and Monitoring, 50%

• Survey of National and International EEEM, 90%

• Develop Educational Material, 40%

• Design and Implementation of Evaluation System, 65%

• Conduct Training Program, 50%

• Purchase training digital library and equipment, 5%

• Holding Dissemination Seminar, 0%

VISION web-site www.Engineering-Ecomoy.com includes a full description of the project and its activities, outputs, objectives and extra. Please visit it; we need your comments…..

Engineering Economy Filtration Strategies

In first week, the willing applicants were selected. We measure the applicant's interest and seriousness while filling and submitting the required documents. Moreover, trainees of First Week were selected to represent the diversity of following categories:

1. Different departments in FECU        

2. Different trainees (students, graduates and teaching assistants)

3. Gender (female, male)                    

4. Different grades (fair, good, very good, distinction)

We have to state that as a result of the increasing number of applicants, the Egyptian project team decided to increase the number of trainees in First Week from 73 to 140.

Some Statistical Data:  400 Potential trainees applied

Under-graduate = 63% (including: second, third and fourth year students)

Graduate = 27% (including: engineers, post-graduate students and teaching assistants)

Gender Percentage: Male = 80%                      Female = 20%

 

In second week, the willing applicants were selected. We measure the applicant's interest and seriousness by the following items:

1 – Attending the full module of first training week                    

2 – Getting high score in Trainee Evaluation Form

3 – Submitting Trainer EF                 

4 – Submitting two reports for Module 1 as well as one lecture of Module 2. 

Some Statistical Data for First and Second Week:

139 Potential Trainees were accepted in first week.

124 Trainees completed submission in the first training week

109 Trainees attended the whole lectures of the first training week

113 Trainees submitted the required evaluation forms

 

42 Trainees were accepted to attend the second training week: Under-graduate = 50% (second, third and fourth year) Graduate = 50% (engineers, post-graduate students and teaching assistants) Gender Percentage: Male = 76%                      Female = 24% (increased by 4%) 8 different departments in the faculty

Reduction of potential trainees in Engineering Economy training

It is planned that other applicants who were not selected will benefit from the project as follows: they benefit from softcopy of EE educational material downloaded from the project website, or they receive a hardcopy of EE educational material from the project administration as well as they will receive attendance certificate.

Trainees of the Third Training Week

July 12^th – July 18^th, 2005

Meeting Room of Mechanical Power Engineering Dept.,

Second Floor, Building No. 19, FECU - Egypt