Business Management

Code:

EQ0117

Acronym:

GE

Keywords
Classification	Keyword
OFICIAL	Social Science

Instance: 2011/2012 - 1S

Active?	Yes
Responsible unit:	Department of Industrial Engineering and Management
Course/CS Responsible:	Master in Chemical Engineering

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
MIEQ	28	Syllabus	5	-	4	42	108

Teaching language

Suitable for English-speaking students

Objectives

This course unit aims at providing an integrated vision, essentially of a qualitative nature, of operations management in organizations, namely of the concepts, techniques and strategies generally used. The students should, thus, be able to:
- identify and tackle problems in Operations Management, and propose solution approaches for those problems;
- use quantitative methods to solve Operations Management problems;
- organize and manage projects;
- assess investment projects, and support their development, in their several components;
- support the organization of tenders and contracts, including preparation of tender documents.

Program

1.
Project Management: fundamental concepts and techniques
CPM method and extensions; resource management; project planning and control.
Information systems for Project Management; applications.

2.
Strategic importance of Operations Management.
Activities and scope of Operations Management: manufacturing and services companies.
Main activities and methodologies for planning, execution and control of production activities.
IT support for Operations Management.

3.
Flow production; Just-in-Time.
Factory layouts and assembly line balancing.
Aggregate production planning and capacity management.
Material Requirement Planning (MRP); economic lot sizing; production activities scheduing.

4.
Time value of money.
Fundamentals notions of accounting and financial analysis.

5.
Assessment of investment projects.
Uncertainty in investment projects: brief introduction to "real options".
Cost-benefit analysis and multicriteria analysis.

6.
Organization of tenders and contracts.
General provisions and special specifications.

Mandatory literature

Richard B. Chase, Nicholas J. Aquilano, F. Robert jacobs; Operations management for competitive advantage. ISBN: 0-07-232315-9

Teaching methods and learning activities

Classes will be used to introduce the program topics, present and discuss cases, and solve small illustrative problems.
Some sessions may be occupied with student presentations and subsequent discussion.
The reports to be presented (as part of evaluation) will essentially be developed out of class.

Software

Microsoft Excel
Microsoft Project

keywords

Social sciences > Economics > Management studies > Management of enterprises
Social sciences > Economics > Management studies > Industrial management
Technological sciences > Engineering > Industrial engineering

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Description	Type	Time (hours)	Weight (%)	End date
Attendance (estimated)	Participação presencial	42,00
	Total:	-	0,00

Eligibility for exams

General rules of evaluation, article 4th.

Calculation formula of final grade

FE (final exam, closed book) - 0 to 20 points (minimum 8)
A (assignment about topic 1 of the program) - 0 to 20 points

Final grade (before rounding):
0.75 FE + 0.25 A

Examinations or Special Assignments

The assignment evaluation may include a brief discussion with the students.

Special assessment (TE, DA, ...)

Evaluation identical to normal case.
All students (including working students, ...) must deliver the assignment in the established date.

Classification improvement

Exam only.
The students may not repeat component A of evaluation.