S1

Definition
Knowledge and understanding of commercial and economic context of engineering

Sub skills
Write the second section of your page here.

Assessment
Current methods used to assess ability in the skill.

Benchmarks
 CORE 

Software Engineering Project

Demonstrate an understanding the basic operation of a small business: (Financial and QA procedures for the company will need to be established as part of the project, and a proper financial record kept of company transactions).

NON-CORE

Introduction to Business Management in Electronic Engineering State the difference between small and large businesses. State the importance of people in organisations. Understand personality types and their implications in groups. List the factors that need to be considered when starting a new business. Prepare a business plan and Technical Appraisal report for a new product. Understand the role of marketing for a new product. Apply marketing techniques (SWOT and 4 P’s) to a new product. Understand the competitive environment of a new product. Understand the role of basic accounting and finance tools for a new product. Understand the factors that affect the price of a new product.

People in Technology-based Organisations

Analyse a technical company. Select the quality system appropriate to a new product. Design the specification for a technical person. Design an advertisement for a vacancy. Produce a marketing plan for a new product. Select the production system for a new product. Describe and analyse an organisation’s competitive environment.

Control Engineering

Understand the problems of control system implementation in a real-world context.

Management and Marketing of Technology

Understand the place of technology management in the modern world. Understand the change implications of a technological innovation on an organisation.

Accounting & Finance

Describe and analyse the interaction between Costs, Volume and Profit in the context of product manufacture and apply CVP analysis techniques to financial decision making. Classify the different types of assets required within an organisation to enable it to trade. Describe qualitatively the difference between incremental and zero based budgeting and how budgets are constructed within organisations. Appraise the value to an organisation of an investment opportunity. Prepare a cash flow forecast and from it derive a Profit and Loss Account and Balance Sheet. Appraise the value to an organisation of an investment opportunity.

Distributed Computer Systems

Explain the need for security and indicate appropriate countermeasures.

Environmental Engineering & Instrumentation

To understand the requirements for monitoring the environment. To understand the nature and effects of the various forms of air and water pollution. To understand the sensors and instrumentation available for environmental and industrial monitoring. To understand the requirements for monitoring the environment.

Flight Control

Understand and describe the fundamental behaviour of the longitudinal and lateral dynamics of a fixed-using aircraft.

Nanoelectronics

Summarise the applications of nanotechnology and nanoelectronics. Understand the impact of nanoelectronics onto information technology, communication and computer science.

Relevant Higher Order Skills
Electrical Engineering