This course presents an overview of various decision-making tools and methodologies. Performance indicators examined include: direct and indirect financial costs and benefits, and non-monetary costs and benefits. Emphasis is placed on full life cycle costing, assessment and energy analysis.
- 50% in CESA 5600
- Not offered this term
- This course is not offered this term through BCIT Part-time Studies. Please check back next term or subscribe to receive email updates.
Upon successful completion, the student will be able to:
- Outline the methodology for structured decision-making that takes into account the three bottom lines: social, environmental and economic.
- Apply triple bottom line decision-making methodology in an energy management case study.
- Apply the concepts of the time value of money and Life Cycle Costing.
- Calculate interest, present and future values.
- Calculate payments, present and future values for annuities in budgeting and asset evaluation.
- Evaluate investment decisions using methods of payback and discounted cash flow such as net present value and internal rate of return.
- Outline the full range of environmental impacts assignable to products and services.
- Summarize the concepts of Life Cycle Assessment (LCA) and its associated ISO 14000 standard.
Effective as of Fall 2012
Decision Making (CESA 5700) is offered as a part of the following programs:
School of Construction and the Environment
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Programs and courses are subject to change without notice.