Author Description

“An engineer is a man who can do for half a dollar what any fool can do for a dollar”. <br>So why don't we teach all our professional engineers about the ways in which money matters affect “pure” engineering? <br> <br>This book aims to fill the gap, by supplying the stuff which engineers traditionally learn the hard way - like George Solt had to. In his 30 years in project engineering he had the formative experience of two companies failing while he was a Director. On becoming an academic, he devised a course on the subject for students at University College London. It proved so popular there that he has turned his notes into a book. Basic financial concepts - money, profit, cash-flow - are taught using real-life examples. Key steps in the engineering cycle, like winning tenders, managing projects and getting paid are all explained in the context of becoming profitable and staying solvent.In the same accessible style that has been so popular with his students, George Solt tells engineers how finance can keep the wheels of engineering turning - and equally how it can cause those wheels to come off with calamitous results.<br> <br>• Real-life examples show how finance interacts with engineering, and why it matters<br>• Written in an accessible style and packed with illustrations <br>• This step-by-step introduction to finance is of great use to all student engineers