Course details
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.
Prerequisite(s)
- 50% in CESA 5600
Credits
2.5
- 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.
Learning Outcomes
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
Related Programs
Decision Making (CESA 5700) is offered as a part of the following programs:
School of Construction and the Environment
- Building Controls & Energy Management
Advanced Certificate Part-time
- Sustainable Energy Management
Advanced Certificate Part-time
Subscribe
Interested in being notified about future offerings of Decision Making (CESA 5700)? If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.
Programs and courses are subject to change without notice.