Performance Measurement and Management for Engineers

Performance Measurement and Management for Engineers PDF

Author: Michela Arnaboldi

Publisher: Academic Press

Published: 2014-09-08

Total Pages: 197

ISBN-13: 0128019204

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Performance Measurement and Management for Engineers introduces key concepts in finance, accounting, and management to project managers who have engineering backgrounds. It focuses these basic concepts on issues of measuring and managing enterprise value. Thus, after defining enterprise value, the book begins by explaining the ways and means of measurement. It then takes up financial measurement, describing and analyzing the typologies of financial indicators while illustrating their advantages and disadvantages. After focusing on measuring enterprise value, the second section takes up managing that value. Like the first, it pursues a double view: using indicators for internal control while employing them to analyze other companies. If engineering project managers possess a source of quantitative and qualitative information about business management, Performance Measurement and Management for Engineers will help them increase their contributions to the business. Explains how main performance indicators are related to the value of the company Reveals how to assess the financial needs of companies in relation to their financial goals and mechanisms (e.g., equity, debt, and hybrid) Describes key information and indicators for assessing the ability of enterprises to create value across time Indicates the profitability sources of different business units

Advances in Performance Management and Measurement for Industrial Applications and Emerging Domains

Advances in Performance Management and Measurement for Industrial Applications and Emerging Domains PDF

Author: Massimiliano Maria Schiraldi

Publisher: Springer

Published: 2024-09-06

Total Pages: 0

ISBN-13: 9783031599293

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This book is a compilation of the papers presented at the COPERMAN 2023 conference, a meeting that bridges the gap between academia and industry in the field of performance management. This international conference brought together scientists and engineers from around the world to discuss and address many themes related to performance management, including the development of new methods and systems for performance measurement and management, the evaluation of human performance in various industrial contexts (including modern Industry 4.0 factory environments), and methodologies for business deployment. The book is for academics, graduate students, researchers, and industrial practitioners working in performance management. Its comprehensive coverage of diverse topics and cutting-edge research will provide readers with insights and knowledge that can be applied in their daily work, as well as inspire new research directions and interdisciplinary collaboration.

Measuring Performance and Benchmarking Project Management at the Department of Energy

Measuring Performance and Benchmarking Project Management at the Department of Energy PDF

Author: National Research Council

Publisher: National Academies Press

Published: 2005-08-01

Total Pages: 52

ISBN-13: 0309181763

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In 1997, Congress, in the conference report, H.R. 105-271, to the FY1998 Energy and Water Development Appropriation Bill, directed the National Research Council (NRC) to carry out a series of assessments of project management at the Department of Energy (DOE). The final report in that series noted that DOE lacked an objective set of measures for assessing project management quality. The department set up a committee to develop performance measures and benchmarking procedures and asked the NRC for assistance in this effort. This report presents information and guidance for use as a first step toward development of a viable methodology to suit DOE's needs. It provides a number of possible performance measures, an analysis of the benchmarking process, and a description ways to implement the measures and benchmarking process.

Operational Performance Measurement

Operational Performance Measurement PDF

Author: Wilfred Kaydos

Publisher: CRC Press

Published: 2020-10-28

Total Pages: 268

ISBN-13: 9781420049053

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Mention the phrase "bottom line," and the immediate thought tends to focus on a company's financial performance. Think again! There's an equally important factor that carries tremendous impact on that final total: operational performance measures. Implementation of a performance improvement program can significantly improve a company's bottom line. Operational Performance Measurement: Increasing Total Productivity shows the way-featuring a new integrated theory of performance measurement, with a never-before-published measurement model that's applicable to any business activity. Practical procedures and guidelines directly identify the variables that should be measured; guidelines to develop measurement systems; and how to analyze, interpret, and use performance methods effectively. Numerous diagrams, tables and examples make the principles and procedures easy to understand and implement. While this performance measurement approach is simplicity itself, be prepared for powerful results! Managers can put the theory into action right away- giving them better control, improved performance, increased personal productivity-and an easier day at work! Operations, finance, administration and quality managers alike will find there's so much to gain when they're Operational Performance Measurement: Increasing Total Productivity ... and a better bottom line is just the beginning!

Integrating Program Management and Systems Engineering

Integrating Program Management and Systems Engineering PDF

Author:

Publisher: John Wiley & Sons

Published: 2017-02-01

Total Pages: 456

ISBN-13: 1119259142

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Integrate critical roles to improve overall performance in complex engineering projects Integrating Program Management and Systems Engineering shows how organizations can become more effective, more efficient, and more responsive, and enjoy better performance outcomes. The discussion begins with an overview of key concepts, and details the challenges faced by System Engineering and Program Management practitioners every day. The practical framework that follows describes how the roles can be integrated successfully to streamline project workflow, with a catalog of tools for assessing and deploying best practices. Case studies detail how real-world companies have successfully implemented the framework to improve cost, schedule, and technical performance, and coverage of risk management throughout helps you ensure the success of your organization's own integration strategy. Available course outlines and PowerPoint slides bring this book directly into the academic or corporate classroom, and the discussion's practical emphasis provides a direct path to implementation. The integration of management and technical work paves the way for smoother projects and more positive outcomes. This book describes the integrated goal, and provides a clear framework for successful transition. Overcome challenges and improve cost, schedule, and technical performance Assess current capabilities and build to the level your organization needs Manage risk throughout all stages of integration and performance improvement Deploy best practices for teams and systems using the most effective tools Complex engineering systems are prone to budget slips, scheduling errors, and a variety of challenges that affect the final outcome. These challenges are a sign of failure on the part of both management and technical, but can be overcome by integrating the roles into a cohesive unit focused on delivering a high-value product. Integrating Program Management with Systems Engineering provides a practical route to better performance for your organization as a whole.

Management for Engineers, Technologists and Scientists

Management for Engineers, Technologists and Scientists PDF

Author: Wilhelm Nel

Publisher: Juta and Company Ltd

Published: 2007-04

Total Pages: 516

ISBN-13: 9780702171611

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Addressing the specific needs of engineers, scientists, and technicians, this reference introduces engineering students to the basics of marketing, human resource management, employment relations, personnel management, and financial management. This guide will help engineering students develop a sense for business and prepare them for the commercial and administrative dealings with customers, suppliers, contractors, accountants, and managers.

Service Systems Management and Engineering

Service Systems Management and Engineering PDF

Author: Ching M. Chang

Publisher: John Wiley & Sons

Published: 2018-01-05

Total Pages: 720

ISBN-13: 1119507545

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The ultimate instructional guide to achieving success in the service sector Already responsible for employing the bulk of the U.S. workforce, service-providing industries continue to increase their economic dominance. Because of this fact, these companies are looking for talented new service systems engineers to take on strategic and operational challenges. This instructional guide supplies essential tools for career seekers in the service field, including techniques on how to apply scientific, engineering, and business management principles effectively to integrate technology into the workplace. This book provides: Broad-based concepts, skills, and capabilities in twelve categories, which form the "Three-Decker Leadership Architecture," including creative thinking and innovations in services, knowledge management, and globalization Materials supplemented and enhanced by a large number of case studies and examples Skills for successful service engineering and management to create strategic differentiation and operational excellence for service organizations Focused training on becoming a systems engineer, a critically needed position that, according to a 2009 Moneyline article on the best jobs in America, ranks at the top of the list Service Systems Management and Engineering is not only a valuable addition to a college classroom, but also an extremely handy reference for industry leaders looking to explore the possibilities presented by the expanding service economy, allowing them to better target strategies for greater achievement.

Performance Engineering

Performance Engineering PDF

Author: Reiner Dumke

Publisher: Springer

Published: 2003-06-29

Total Pages: 364

ISBN-13: 3540451560

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Initially, computer systems performance analyses were carried out primarily because of limited resources. Due to ever increasing functional complexity of computational systems and user requirements, performance engineering continues to play a major role in software development. This book assesses the state of the art in performance engineering. Besides revised chapters drawn from two workshops on performance engineering held in 2000, additional chapters were solicited in order to provide complete coverage of all relevant aspects. The first part is devoted to the relation between software engineering and performance engineering; the second part focuses on the use of models, measures, and tools; finally, case studies with regard to concrete technologies are presented. Researchers, professional software engineers, and advanced students interested in performance analysis will find this book an indispensable source of information and reference.

Handbook of Maintenance Management and Engineering

Handbook of Maintenance Management and Engineering PDF

Author: Mohamed Ben-Daya

Publisher: Springer Science & Business Media

Published: 2009-07-30

Total Pages: 745

ISBN-13: 1848824726

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To be able to compete successfully both at national and international levels, production systems and equipment must perform at levels not even thinkable a decade ago. Requirements for increased product quality, reduced throughput time and enhanced operating effectiveness within a rapidly changing customer demand environment continue to demand a high maintenance performance. In some cases, maintenance is required to increase operational effectiveness and revenues and customer satisfaction while reducing capital, operating and support costs. This may be the largest challenge facing production enterprises these days. For this, maintenance strategy is required to be aligned with the production logistics and also to keep updated with the current best practices. Maintenance has become a multidisciplinary activity and one may come across situations in which maintenance is the responsibility of people whose training is not engineering. This handbook aims to assist at different levels of understanding whether the manager is an engineer, a production manager, an experienced maintenance practitioner or a beginner. Topics selected to be included in this handbook cover a wide range of issues in the area of maintenance management and engineering to cater for all those interested in maintenance whether practitioners or researchers. This handbook is divided into 6 parts and contains 26 chapters covering a wide range of topics related to maintenance management and engineering.