ENCH497-21S1 (C) Semester One 2021

Process Management

15 points

Start Date: Monday, 22 February 2021
End Date: Sunday, 27 June 2021
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 7 March 2021
  • Without academic penalty (including no fee refund): Friday, 14 May 2021


Engineering economics and finance, project management, design and investment decisions, ethics, and safety in the process industry. The course loosely follows the life cycle of the financial and engineering management of a processing facility from initial planning through to full production.

It covers:
• Capital and operating cost estimation
• Economic evaluation, project management, contracts
• Ethics, interviews, employment contracts
• Tools for process optimisation
• Control strategy development
• Hazard identification methods and risk estimation techniques used in the process industry

Learning Outcomes

  • Students should:
  • Be able to estimate the capital cost of a chemical engineering process
  • Understand the time value of money as it is applied to investment decisions
  • Be able to evaluate the economic worth of a chemical engineering process
  • Understand the relationship between company accounts and engineering decisions
  • Understand social and cultural matters that might influence investment decisions
  • Understand some ethical and employment matters that might affect chemical engineers
  • Understand company accounting well enough to be able to determine the effect of engineering projects on company financial statements
  • Be able to apply control strategies to plant design and operation
  • Understand some techniques and language of data analytics
  • Be able to apply hazard identification methods such as HAZOP and order-of-magnitude risk estimation techniques

Course Coordinator / Lecturer

Ken Morison


Matthew Cowan

Attendance at all lectures is highly encouraged. Students who do not complete all assignments and the exams are much less likely to pass.


Assessment Due Date Percentage 
Final Exam 55%
Capital and operating costs 16 Mar 2021 7.5%
Investment Decisions 30 Mar 2021 7.5%
Financial Reporting 30 Apr 2021 7.5%
Plant-wide Control 18 May 2021 7.5%
Hazop 04 Jun 2021 15%

Textbooks / Resources

Bouman, R.W., Jesen, S.B., Wake, M.L. & Earl, W.B. (2005) Process Capital Cost Estimation for New Zealand 2004, Society of Chemical Engineers New Zealand. (Available to students on Learn)

Towler, G.P. and Sinnott, R.K., (2014) Chemical Engineering Design: Principles, Practice and Economics of Plant and Process Design, 2nd ed, Butterworth-Heinemann, Oxford. (Available as an ebook from the library).


General Policies of the University
Students may obtain the general policies of the University from the website.  For example:

Special considerations: http://www.canterbury.ac.nz/study/special-consideration/  

Academic Appeals of Assessments: Students with concerns about assessment processes or grades should be advised to speak first with the relevant lecturer. If the matter cannot be resolved, then the student should meet and discuss the matter with the Head of Department/School and thereafter follow the procedures outlined in the University procedures https://www.canterbury.ac.nz/media/uc-policy-library/general/Academic-Appeals-and-Grievances-Principles-and-Procedures.pdf  and regulations https://www.canterbury.ac.nz/media/documents/regulations/general-regs-academic-appeals-and-grievance.pdf

Reconsideration of grades: If you are concerned that your final grade may be incorrect it is suggested (for CAPE) that you make an informal query to the course coordinator, but you may follow the official procedures: http://www.canterbury.ac.nz/study/examinations/result-dates-and-appeals/

Disabilities: http://www.canterbury.ac.nz/disability/

Relation to Other Courses
This is a compulsory course. It provides preparation for ENCH494 and for graduate employment.

Additional Course Outline Information

Academic integrity

Course policy on collaboration and cheating:
Solving problems in small teams and collaborative learning when working on assignments is encouraged.  However direct copying will result is reduced or zero marks for all students involved.

The assignments are mainly a tool to prepare you for the exams. We advise you to try them individually before collaborating in groups.

Students with concerns about the course should contact any of the lecturers listed above, the 4th Year Director of Studies (Alex Yip), or the Head of Department (Peter Gostomski).

Indicative Fees

Domestic fee $1,114.00

International fee $5,500.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Chemical and Process Engineering .

All ENCH497 Occurrences

  • ENCH497-21S1 (C) Semester One 2021