Introduction

Case Study

Locos Consulting Engineers Pty Ltd has appointed you as a Chief Financial Officer for engineering projects. The company comprises of the following services; Transportation Engineering, Water Engineering, Structural Engineering, Geotechnical Engineering, Mechanical Engineering and Electrical services. One key responsibility is to make best financial investments based on Civil Engineering projects and supply including property developments.

Civil engineers are responsible for the design, construction and maintenance of the built environment infrastructure to meet financial and time allocation targets including investments in consumables supply.

Civil engineers are responsible for the construction of large structures, such as bridges, roads, canals and dams. Civil engineering develops the environment we live in and a world through infrastructure, without it would be unimaginable.

Question $1[20$ marks$]$

$1\mathrm{.}1.$ As a CFO of Locos Consulting Engineers Pty Ltd$,$ you are faced with different alternatives to select, there are many criteria that can be used to identify the best one. Give two tangible criterion that are usually used in an engineering economic analysis? $(2$ marks$)$