Talk:Engineering economics

Wiki Education Foundation-supported course assignment

This article is or was the subject of a Wiki Education Foundation-supported course assignment. Further details are available on the course page. Peer reviewers: Ye348.

Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT (talk) 20:37, 16 January 2022 (UTC)

Untitled

Potential red link fixers: Many of the analysis techniques are described in various articles. You be the judge of whether separate articles are needed for each. 129.237.114.171 15:10, 17 November 2006 (UTC)

Thanks for the comment ... WE'll try to address that .. Risk Engineer (talk) 15:38, 15 January 2018 (UTC)

I think that it is easy for me to get an general idea about what the engineering economics is about when reading though the page with diagram shown there.The references are good from various sources.— HKK123 (talk) 17:23, 5 February 2018 (UTC)

Personal Evaluation/Comments

• The points inserted about the fact it is in engineering curriculums is somewhat forced in and is not quite coherent with the rest of the article. Similarly, the article makes the point that time value of money is "central to most engineering economic analyses" is added yet not quite made evident with either references or further discussion. In general, the article has some areas of good development while lacking in other areas. Am6320
  • (talk) 02:56, 4 February 2018 (UTC)
  • Ye348 (talk) 04:37, 5 February 2018 (UTC)The article seems to have some neutral points in some areas but not in other areas, is there a reason for this?
    • Could you elaborate on this point?... Risk Engineer (talk) 19:12, 17 February 2018 (UTC)
• Perhaps the article would benefit if its structure was better organized - subsections might create room for more description and elaboration, and would help make it easier for the reader to understand the topic. (hrk269 Hrk269 (talk) 15:38, 5 February 2018 (UTC))

I agree. Subsections elaborating on some of the key topics of engineering economics such as uncertainty will help the article a lot.19CT87 (talk) 19:57, 2 March 2018 (UTC)

• It would help if there was more explanation and detail for each paragraph. Including equations may be helpful. Ajain1458 (talk) 18:14, 5 February 2018 (UTC)Ankita Jain
• Consider expanding on the resources provided for "See also" and "Further reading" since they are only limited resource for a very broad subject Az1167 (talk) 00:09, 20 February 2018 (UTC)Ahmed Zakria
• The article lacked background information and the applications of engineering economics, these sub section would make the article more rounded. camie22 (talk) 17:01, 4 March 2018 (UTC)~

Overall the article was relevant to the topic. The links took me to the appropriate pages and were relevant. However, maybe more content could be added in order to cover more about engineering economics. I don't think the article has enough information to truly cover in general the topic "Engineering Economics"

-Kjt291 (talk) 07:26, 5 March 2018 (UTC)

Very well written. A little bit of problem in the structure of the article. I'd love if there were subsections and the information about a specific topic and related information in a specific subheading. Prabinpoudel1831 (talk) 04:00, 14 March 2018 (UTC)

Think it should be subsections & related information in a specific subheading throughout the passage. Other than that, the article is great! MarquisJohnHall (talk) 23:55, 28 April 2018 (UTC)MarquisJohnHall

Examples of Usage

The addition of the "Examples of Usage" section helps viewers understand the extent of engineering economy and the useful information and formulas that can be derived from its discipline. Each section is important to not only engineers in a manufacturing environment, but also general operations managers and productions personnel. Capital usage is also crucial to business and its conduct, no matter the scope of the operation or the money involved. Further, engineers ought to understand the principles of capital management, as it is integral to manufacturing. — Preceding unsigned comment added by Robert von Metternich (talk • contribs) 17:18, 19 April 2018 (UTC)

Thanks for your contributions. I teach this subject in a civil engineering context. I agree with your opinion on capital management and wonder if there should be a separate article on capital management for civil engineers? ... I also plan to work on the historical development of Engineering economy from the early 19th century to the mid 20th ... any thoughts?... Thanks again for your work... Risk Engineer (talk) 15:02, 20 April 2018 (UTC)

I am not sure of the extent of the separation between civil and general engineering in the capital aspect, barring public projects. A separate page that is linked in this one may indeed be helpful to those for a more detailed version of capital management in a civil engineering situation. As for the history, I am sure that would be interesting, and no doubt worthy of being added. To see the evolution of engineering economics over centuries would allow the viewer to appreciate the scope of the material in question. --Robert von Metternich (talk) 01:49, 3 May 2018 (UTC)

I agree, the evolution of thinking in this area is a fascinating subject. Thanks for your comments ... Risk Engineer (talk) 16:38, 7 June 2018 (UTC)

I have decided to be bold and attempt the page. I am proposing the title of Engineering Economics (Civil Engineering). Here we go! .. Risk Engineer (talk) 15:35, 21 October 2018 (UTC)

Ok ... I have drafted the article- Engineering economics (Civil Engineering) ... I will be working in the history from this base article ... Many thanks for the comments .. Cheers Risk Engineer (talk) 19:29, 21 October 2018 (UTC)