About this document
7 Principles of Engineering Economy by Koleen Cormero is a document available to read on EtoBox.
The document discusses the basic principles of engineering economy. It identifies seven key principles: (1) develop alternatives, (2) focus on differences among alternatives, (3) use a consistent viewpoint, (4) use a common unit of measurement, (5) consider all relevant criteria, (6) make uncertainty explicit, and (7) revisit decisions. Adhering to these principles provides a sound foundation for engineering economic analysis and decision-making. The document also notes that the basic principles must be fol
- Author
- Koleen Cormero
- Language
- EN