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• 14611. [Article] New Technology Introduction Process: RFID for groceries

  The high level process consists of three major funnels and two key parts. The first funnel is “Discovery” in which the new strategic goals are communicated company wide at an all hands meeting. In this ...

  Citation × Citation Citation Abstract Copy Title: New Technology Introduction Process: RFID for groceries Author: Artiga, Roberto, Intarode, Nuttavut, Lotfi, Theodore Nyma, Praechareonwatana, Nuttavut, Osman, Osman, Sell, Vera Year: 2010 The high level process consists of three major funnels and two key parts. The first funnel is “Discovery” in which the new strategic goals are communicated company wide at an all hands meeting. In this stage, the company starts identifying major opportunities available in the market, having as its outcome a prioritized project list. As an example, in the grocery market, different opportunities had been observed and RFID was selected as a potential opportunity in the prioritized projec list to use as a substitute for the traditional bar code. Based on our estimate it can create an emerging market worth 6 billion USD in 5 years. The second funnel is “Technology.” It starts with identification of core competencies needed to transfer technology from laboratory to factory and will end with a technology transfer plan which contains how to close the gap between what is required and what Paru currently has in-house. The third funnel is “New Product Implementation.” It is a hybrid process which will go for simultaneous product and process concept development. These processes are carried out with proactive integration and collaboration so by the time the engineering release is approved, everything is in place to go into large-volume manufacturing without any further delays. Paru will go through the above mentioned steps to produce and sell RFID tags. After the three major funnels, the next stage of the process is volume production. This stage does not only includes manufacturing but also all the activities for continuous improvement that result to solve problems identify during volume production as well as those activities to optimize costs, quality, and yield until a second generation product is released or a product goes into obsolescence. The following sections describe the details of each part of the development process; all diagrams are included in the appendix of this report. Title: New Technology Introduction Process: RFID for groceries Author: Artiga, Roberto, Intarode, Nuttavut, Lotfi, Theodore Nyma, Praechareonwatana, Nuttavut, Osman, Osman, Sell, Vera Year: 2010 The high level process consists of three major funnels and two key parts. The first funnel is “Discovery” in which the new strategic goals are communicated company wide at an all hands meeting. In this stage, the company starts identifying major opportunities available in the market, having as its outcome a prioritized project list. As an example, in the grocery market, different opportunities had been observed and RFID was selected as a potential opportunity in the prioritized projec list to use as a substitute for the traditional bar code. Based on our estimate it can create an emerging market worth 6 billion USD in 5 years. The second funnel is “Technology.” It starts with identification of core competencies needed to transfer technology from laboratory to factory and will end with a technology transfer plan which contains how to close the gap between what is required and what Paru currently has in-house. The third funnel is “New Product Implementation.” It is a hybrid process which will go for simultaneous product and process concept development. These processes are carried out with proactive integration and collaboration so by the time the engineering release is approved, everything is in place to go into large-volume manufacturing without any further delays. Paru will go through the above mentioned steps to produce and sell RFID tags. After the three major funnels, the next stage of the process is volume production. This stage does not only includes manufacturing but also all the activities for continuous improvement that result to solve problems identify during volume production as well as those activities to optimize costs, quality, and yield until a second generation product is released or a product goes into obsolescence. The following sections describe the details of each part of the development process; all diagrams are included in the appendix of this report. Close

• 14612. [Article] Team Four Process Report

  Teams are the vital building blocks that an organization relies on, leveraging the knowledge and experience of team members in problem solving, resulting in innovative solutions. As ubiquitous as teams ...

  Citation × Citation Citation Abstract Copy Title: Team Four Process Report Author: Chapman, Erin Elizabeth, Loanzon, Emy, Murala, Nagajyothi, Praechareonwatana, Nuttavut Year: 2010 Teams are the vital building blocks that an organization relies on, leveraging the knowledge and experience of team members in problem solving, resulting in innovative solutions. As ubiquitous as teams are in the workplace, the meaning and making of a team is still an elusive and complex area worth investigating. This process report chronicles our group’s attempts at becoming a team. It documents our performance, decisions and events that shaped our development as a team. An analysis of these observed behaviors and events are anchored on concepts and team building tools discussed in class. Our team’s progress will first be discussed from the perspective of three team development models: the team categories promoted by Katzenbach and Smith [3], Tuckman’s sequential model [4] and Gersick’s theory of punctuated equilibrium [2]. The communication methods and approaches used by team members will be identified and described in the next section, as will the contexts in which computer-aided tools were used and their impacts on social integration within our team. The formation of our team charter, mutual accountability on the team, conflict management and the need to establish a reward system are all discussed in the fourth section. A turning point in our team experience was during the collaboration on our team research paper. The defining actions, decisions and events during this project will be presented and analyzed in the fifth section of our report. Finally, key lessons learned and insights from our collective experience as a team will be presented in the conclusion, as will a summary of our general thoughts and feelings on our team’s performance. Title: Team Four Process Report Author: Chapman, Erin Elizabeth, Loanzon, Emy, Murala, Nagajyothi, Praechareonwatana, Nuttavut Year: 2010 Teams are the vital building blocks that an organization relies on, leveraging the knowledge and experience of team members in problem solving, resulting in innovative solutions. As ubiquitous as teams are in the workplace, the meaning and making of a team is still an elusive and complex area worth investigating. This process report chronicles our group’s attempts at becoming a team. It documents our performance, decisions and events that shaped our development as a team. An analysis of these observed behaviors and events are anchored on concepts and team building tools discussed in class. Our team’s progress will first be discussed from the perspective of three team development models: the team categories promoted by Katzenbach and Smith [3], Tuckman’s sequential model [4] and Gersick’s theory of punctuated equilibrium [2]. The communication methods and approaches used by team members will be identified and described in the next section, as will the contexts in which computer-aided tools were used and their impacts on social integration within our team. The formation of our team charter, mutual accountability on the team, conflict management and the need to establish a reward system are all discussed in the fourth section. A turning point in our team experience was during the collaboration on our team research paper. The defining actions, decisions and events during this project will be presented and analyzed in the fifth section of our report. Finally, key lessons learned and insights from our collective experience as a team will be presented in the conclusion, as will a summary of our general thoughts and feelings on our team’s performance. Close

• 14613. [Article] Capacity Model for Final Test Area in Semiconductor Equipment Manufacturing

  Most industries often have faced challenging problem about resource allocation in the finite environment. There are several studies done in this area to find the solutions which can increase the effectiveness ...

  Citation × Citation Citation Abstract Copy Title: Capacity Model for Final Test Area in Semiconductor Equipment Manufacturing Author: Honnappa, Lokesh, Lin, Chih-Hsun, Murthy, Mamatha, Chiamsiri, Vorakarn Year: 2010 Most industries often have faced challenging problem about resource allocation in the finite environment. There are several studies done in this area to find the solutions which can increase the effectiveness of finite resource allocation. In this paper, our team focuses on the allocation of testing semiconductor equipment in a company (i.e., Novellus Systems Inc.). The challenge is to assign modules to proper test bays and have them ready within due date. This is critical as there is a penalty that the company has to pay for every day they miss the deadline. Also, the company does not want to have the modules ready way before the customer commit date until unless it is extremely necessary to do so. Thus, our team focused to develop an optimization model to minimize the delay time and early time of each module assigned to specific test bays. We used Xpress-Mosel to implement the mathematical model due to the complexity of decision making. The application developed can provide intensive recommendations to effectively manage the allocation of resources. This model would benefit the company to effectively allocate modules to specific test bays and helps in smooth flow of modules from assembly to shipping. Title: Capacity Model for Final Test Area in Semiconductor Equipment Manufacturing Author: Honnappa, Lokesh, Lin, Chih-Hsun, Murthy, Mamatha, Chiamsiri, Vorakarn Year: 2010 Most industries often have faced challenging problem about resource allocation in the finite environment. There are several studies done in this area to find the solutions which can increase the effectiveness of finite resource allocation. In this paper, our team focuses on the allocation of testing semiconductor equipment in a company (i.e., Novellus Systems Inc.). The challenge is to assign modules to proper test bays and have them ready within due date. This is critical as there is a penalty that the company has to pay for every day they miss the deadline. Also, the company does not want to have the modules ready way before the customer commit date until unless it is extremely necessary to do so. Thus, our team focused to develop an optimization model to minimize the delay time and early time of each module assigned to specific test bays. We used Xpress-Mosel to implement the mathematical model due to the complexity of decision making. The application developed can provide intensive recommendations to effectively manage the allocation of resources. This model would benefit the company to effectively allocate modules to specific test bays and helps in smooth flow of modules from assembly to shipping. Close

• 14614. [Article] Digital Single-Lens Reflex Camera Technology Forecasting with Technology Forecasting using Data Envelopment Analysis

  With the advancement of digital image technology, the biggest change in the camera market is that digital single-lens reflex cameras (DSLRs) have replaced film type single-lens reflex cameras, which have ...

  Citation × Citation Citation Abstract Copy Title: Digital Single-Lens Reflex Camera Technology Forecasting with Technology Forecasting using Data Envelopment Analysis Author: Abdulai, Mimie, Charoensupyan, Apisit, Hu, Nan, Koosawangsri, Rachanida, Wang, Xiaowen, Yoon, Byung Sung Year: 2012 With the advancement of digital image technology, the biggest change in the camera market is that digital single-lens reflex cameras (DSLRs) have replaced film type single-lens reflex cameras, which have seen very little development lately. This advancement is reflected in some core technologies of DSLRs such as digital image sensors and electronic shutter mechanisms, which have allowed taking photographs even in the toughest conditions. Therefore, as a disruptive technology, the developments in DSLR technologies are worthy of notice. This paper utilizes technology forecast using data envelopment analysis (TFDEA), which is a quantitative forecasting method. In the study, we use input and output data collected from about a hundred DSLRs of the top five currently dominant brands such as Canon, Nikon, Sony, Pentax and Olympus. The anticipation is that we observe changes in DSLR technologies. Final results show future DSLRs’ capabilities and provide insight that TFDEA, as a forecasting method, can be applicable to determine market trends of consumer electronics as well as technologies. Title: Digital Single-Lens Reflex Camera Technology Forecasting with Technology Forecasting using Data Envelopment Analysis Author: Abdulai, Mimie, Charoensupyan, Apisit, Hu, Nan, Koosawangsri, Rachanida, Wang, Xiaowen, Yoon, Byung Sung Year: 2012 With the advancement of digital image technology, the biggest change in the camera market is that digital single-lens reflex cameras (DSLRs) have replaced film type single-lens reflex cameras, which have seen very little development lately. This advancement is reflected in some core technologies of DSLRs such as digital image sensors and electronic shutter mechanisms, which have allowed taking photographs even in the toughest conditions. Therefore, as a disruptive technology, the developments in DSLR technologies are worthy of notice. This paper utilizes technology forecast using data envelopment analysis (TFDEA), which is a quantitative forecasting method. In the study, we use input and output data collected from about a hundred DSLRs of the top five currently dominant brands such as Canon, Nikon, Sony, Pentax and Olympus. The anticipation is that we observe changes in DSLR technologies. Final results show future DSLRs’ capabilities and provide insight that TFDEA, as a forecasting method, can be applicable to determine market trends of consumer electronics as well as technologies. Close

• 14615. [Article] A Suggested Framework for Selecting an Open Innovation Method

  Open innovation has been one of the most sought out ideas in gaining knowledge. However due to the many options in open innovation (OI), selecting which approach in new product development is very difficult. ...

  Citation × Citation Citation Abstract Copy Title: A Suggested Framework for Selecting an Open Innovation Method Author: Bryant, Nathan, Her, Pengsee, Eyetsemitan, Roli, Chen, T. Gortdon Year: 2016 Open innovation has been one of the most sought out ideas in gaining knowledge. However due to the many options in open innovation (OI), selecting which approach in new product development is very difficult. This article breaks down open innovation into three different types of open innovation approaches and provides a suggested framework for organizing and choosing one of the three open innovation methods for pursuing new product development ideas. The framework is created using a Hierarchical decision model (HDM) fed by criteria that would surround a company that has moved past the ideation stage and is actively seeking extra-organizational solutions or partners. This framework helps simplify the OI decision making process by analyzing complex multi-criteria decisions per project base. The HDM model presented was validated by comparing the decision made in real cases with the HDM projected OI selection. However, even though the evidence provides support for this OI selection, the HDM criteria is limited to one industry represented in the case studies and can be adapted. Title: A Suggested Framework for Selecting an Open Innovation Method Author: Bryant, Nathan, Her, Pengsee, Eyetsemitan, Roli, Chen, T. Gortdon Year: 2016 Open innovation has been one of the most sought out ideas in gaining knowledge. However due to the many options in open innovation (OI), selecting which approach in new product development is very difficult. This article breaks down open innovation into three different types of open innovation approaches and provides a suggested framework for organizing and choosing one of the three open innovation methods for pursuing new product development ideas. The framework is created using a Hierarchical decision model (HDM) fed by criteria that would surround a company that has moved past the ideation stage and is actively seeking extra-organizational solutions or partners. This framework helps simplify the OI decision making process by analyzing complex multi-criteria decisions per project base. The HDM model presented was validated by comparing the decision made in real cases with the HDM projected OI selection. However, even though the evidence provides support for this OI selection, the HDM criteria is limited to one industry represented in the case studies and can be adapted. Close

• 14616. [Article] Transitioning From Individuals to Team 2: East Meets West

  In today’s workplace individuals are required to join teams with others they may not know. Individuals must learn to produce the needed work, sometimes with little notice, by utilizing each team member’s ...

  Citation × Citation Citation Abstract Copy Title: Transitioning From Individuals to Team 2: East Meets West Author: Alawini, Abdussalam, Aldhaban, Fahad, Assiri, Saeed, Belding, Jeff, Benotman, Hisham, Estep, Judith Year: 2010 In today’s workplace individuals are required to join teams with others they may not know. Individuals must learn to produce the needed work, sometimes with little notice, by utilizing each team member’s skills. To do this effectively, team members must understand Team Stages, what can go wrong in teams and how to prevent or deal with these challenges, as well as a basic understanding of personality types. This report is a self-evaluation of a high performing team of six graduate students in Portland State University’s 522/622 Communication and Team Building course offered through the Engineering and Technology Management (ETM) Program in the spring of 2010. The report expresses the team’s experiences through this course, which provides students with the material and experiences to effectively develop and participate in effective teams. The team, surprised by its performance and development, uses this report to examine the events of the term by comparing it to the material covered in the term. The textbook guides and best practices are only good if the team members apply them. The team felt that an analysis comparing the material to the events of the course was not sufficient to explain why the team worked so well together. The report includes a Carl Jung and Isabel Myers-Briggs personality test analysis of the team members to see if this tool, that is easily accessible, can be utilized in future teams to reproduce the same high level of team performance. Title: Transitioning From Individuals to Team 2: East Meets West Author: Alawini, Abdussalam, Aldhaban, Fahad, Assiri, Saeed, Belding, Jeff, Benotman, Hisham, Estep, Judith Year: 2010 In today’s workplace individuals are required to join teams with others they may not know. Individuals must learn to produce the needed work, sometimes with little notice, by utilizing each team member’s skills. To do this effectively, team members must understand Team Stages, what can go wrong in teams and how to prevent or deal with these challenges, as well as a basic understanding of personality types. This report is a self-evaluation of a high performing team of six graduate students in Portland State University’s 522/622 Communication and Team Building course offered through the Engineering and Technology Management (ETM) Program in the spring of 2010. The report expresses the team’s experiences through this course, which provides students with the material and experiences to effectively develop and participate in effective teams. The team, surprised by its performance and development, uses this report to examine the events of the term by comparing it to the material covered in the term. The textbook guides and best practices are only good if the team members apply them. The team felt that an analysis comparing the material to the events of the course was not sufficient to explain why the team worked so well together. The report includes a Carl Jung and Isabel Myers-Briggs personality test analysis of the team members to see if this tool, that is easily accessible, can be utilized in future teams to reproduce the same high level of team performance. Close

• 14617. [Article] Determination of Optimal Home Investment Properties Using Hierarchical Decision Modeling

  The purpose of this study is to develop a decision model for profitable investment in a single family home with the objective of maximizing the return on investment of the property over a 5-year period. The ...

  Citation × Citation Citation Abstract Copy Title: Determination of Optimal Home Investment Properties Using Hierarchical Decision Modeling Author: Combs, Trevor, Nguyen, Tam, Shott, Tom, Trippel, Matthew, Wolfangel, Nadja Year: 2010 The purpose of this study is to develop a decision model for profitable investment in a single family home with the objective of maximizing the return on investment of the property over a 5-year period. The scope of the potential investment properties for which the model is valid for has been limited to the SE Portland area within a price range between $100,000 and $750,000. The assumptions of this analysis include that the home investor was pre-approved for financing within the given price range, financing could be obtained at equivalent rates for each investment property evaluated, and the investor would be required to live in the property for a period of five years without performing remodeling to the house or property. A hierarchical decision model was used to evaluate critical features that home investors should consider for property evaluation. The critical features included in this analysis were defined by home investment experts, providing valuable insight to potential first time or inexperienced home buyers. It is important to note that current tax legislation requires a home owner must live in a property for a period of two out of the five years leading up to sale of a property to avoid capital gains taxes for any potential profit associated with the property. By developing a decision model for a 5-year investment scenario, a useful tool for a large proportion of potential home investors can be offered to prospective home investors. The basic premise of this investigation is both complicated and unique in that it models the home investment strategy for a “casual” home investor, prompting the evaluation of not only the financial aspects of a home for an investor, but also requiring the evaluation of the “comfort” features that the home investor must evaluate as a resident of the property themselves. The end result of this analysis is a decision model that can be applied to any number or style of metropolitan homes in order to evaluate optimal home investment strategies. Title: Determination of Optimal Home Investment Properties Using Hierarchical Decision Modeling Author: Combs, Trevor, Nguyen, Tam, Shott, Tom, Trippel, Matthew, Wolfangel, Nadja Year: 2010 The purpose of this study is to develop a decision model for profitable investment in a single family home with the objective of maximizing the return on investment of the property over a 5-year period. The scope of the potential investment properties for which the model is valid for has been limited to the SE Portland area within a price range between $100,000 and $750,000. The assumptions of this analysis include that the home investor was pre-approved for financing within the given price range, financing could be obtained at equivalent rates for each investment property evaluated, and the investor would be required to live in the property for a period of five years without performing remodeling to the house or property. A hierarchical decision model was used to evaluate critical features that home investors should consider for property evaluation. The critical features included in this analysis were defined by home investment experts, providing valuable insight to potential first time or inexperienced home buyers. It is important to note that current tax legislation requires a home owner must live in a property for a period of two out of the five years leading up to sale of a property to avoid capital gains taxes for any potential profit associated with the property. By developing a decision model for a 5-year investment scenario, a useful tool for a large proportion of potential home investors can be offered to prospective home investors. The basic premise of this investigation is both complicated and unique in that it models the home investment strategy for a “casual” home investor, prompting the evaluation of not only the financial aspects of a home for an investor, but also requiring the evaluation of the “comfort” features that the home investor must evaluate as a resident of the property themselves. The end result of this analysis is a decision model that can be applied to any number or style of metropolitan homes in order to evaluate optimal home investment strategies. Close

• 14618. [Article] The IoT Breakthrough: Smart Cities from a Transportation Perspective—Traffic and Parking Management

  The omnipresence of engineering and technology in today’s world is undeniable. Technology creates continuous change and opportunity, but also presents challenges and threats in many aspects of daily life. ...

  Citation × Citation Citation Abstract Copy Title: The IoT Breakthrough: Smart Cities from a Transportation Perspective—Traffic and Parking Management Author: Bradley, Ellie, Laraichi, Oussama, Ryan, Mark, Tripathy, Sudipta, VanDerSchaaf, Hans Year: 2016 The omnipresence of engineering and technology in today’s world is undeniable. Technology creates continuous change and opportunity, but also presents challenges and threats in many aspects of daily life. Because of the need to mitigate risks while optimizing opportunities, managing engineering and technology has become a priority for companies, organizations, governments and individuals. The Internet of Things (IoT) is one result of this constant evolution of technology. It describes a system where items in the physical world, and sensors within or attached to these items, are connected to a global network of items via the Internet. Progressive cities that have embraced technology in their development have also helped develop the concept of a Smart City, an integrated urban system based on smarter infrastructure driven by technology. Our aim in the team project is to analyze, using a technology management approach, different ways that IoT will help improve urban transportation efficiency in smart cities, traffic management and parking. We conduct a literature review and a multi-criteria analysis based on the STEEP perspectives. Additionally, we will provide suggestions on promising practices to help cities improve transportation efficiency. Through our research and analysis of literature, we conclude that effectively leveraging the promise of IoT in smart cities, with respect to traffic management and parking, urban planners and policy makers must include the following activities: identify current technology and trends in parking and traffic management; identify problems or challenges that need to be solved through the integration of IoT and urban mobility planning; identify primary considerations from each of the STEEP perspectives; and communicate how effective management, (of the STEEP perspectives), plays a crucial role in successful implementation of smart city growth. Title: The IoT Breakthrough: Smart Cities from a Transportation Perspective—Traffic and Parking Management Author: Bradley, Ellie, Laraichi, Oussama, Ryan, Mark, Tripathy, Sudipta, VanDerSchaaf, Hans Year: 2016 The omnipresence of engineering and technology in today’s world is undeniable. Technology creates continuous change and opportunity, but also presents challenges and threats in many aspects of daily life. Because of the need to mitigate risks while optimizing opportunities, managing engineering and technology has become a priority for companies, organizations, governments and individuals. The Internet of Things (IoT) is one result of this constant evolution of technology. It describes a system where items in the physical world, and sensors within or attached to these items, are connected to a global network of items via the Internet. Progressive cities that have embraced technology in their development have also helped develop the concept of a Smart City, an integrated urban system based on smarter infrastructure driven by technology. Our aim in the team project is to analyze, using a technology management approach, different ways that IoT will help improve urban transportation efficiency in smart cities, traffic management and parking. We conduct a literature review and a multi-criteria analysis based on the STEEP perspectives. Additionally, we will provide suggestions on promising practices to help cities improve transportation efficiency. Through our research and analysis of literature, we conclude that effectively leveraging the promise of IoT in smart cities, with respect to traffic management and parking, urban planners and policy makers must include the following activities: identify current technology and trends in parking and traffic management; identify problems or challenges that need to be solved through the integration of IoT and urban mobility planning; identify primary considerations from each of the STEEP perspectives; and communicate how effective management, (of the STEEP perspectives), plays a crucial role in successful implementation of smart city growth. Close

• 14619. [Article] Vizio Inc. Product Development Process

  Vizio Inc., which started with only 3 people in 2002, has become the number one shipper of LCD HDTVs to the U.S. consumer electronics market of 2009. They have achieved their fast growth by concentrating ...

  Citation × Citation Citation Abstract Copy Title: Vizio Inc. Product Development Process Author: Lim, Donggyu, Krampits, Mark, Letts, Matthew, Katarya, Nitin, Shott, Tom Year: 2010 Vizio Inc., which started with only 3 people in 2002, has become the number one shipper of LCD HDTVs to the U.S. consumer electronics market of 2009. They have achieved their fast growth by concentrating on their target segment and market. The founder started in the TV sale business and thought that he could sell to a niche market in the consumer electronic market, especially LCD TV. Therefore, he began to make an inexpensive, but high quality LCD TVs. Another key to his success is that he formed strong relationships with overseas TV manufacturers. While his competitors are selling the same products worldwide, Vizio focuses on the U.S. market. Vizio has developed a solid sales network and has established brand power. It has over 170 employees and over $4 billion in sales in 2009. Vizio is going to introduce a new technology, 3D TV, into their product line. It has been decided that a new process, a Phase Gate Product Life cycle will be followed for this new technology and others that will be produced in the future. Title: Vizio Inc. Product Development Process Author: Lim, Donggyu, Krampits, Mark, Letts, Matthew, Katarya, Nitin, Shott, Tom Year: 2010 Vizio Inc., which started with only 3 people in 2002, has become the number one shipper of LCD HDTVs to the U.S. consumer electronics market of 2009. They have achieved their fast growth by concentrating on their target segment and market. The founder started in the TV sale business and thought that he could sell to a niche market in the consumer electronic market, especially LCD TV. Therefore, he began to make an inexpensive, but high quality LCD TVs. Another key to his success is that he formed strong relationships with overseas TV manufacturers. While his competitors are selling the same products worldwide, Vizio focuses on the U.S. market. Vizio has developed a solid sales network and has established brand power. It has over 170 employees and over $4 billion in sales in 2009. Vizio is going to introduce a new technology, 3D TV, into their product line. It has been decided that a new process, a Phase Gate Product Life cycle will be followed for this new technology and others that will be produced in the future. Close

• 14620. [Article] Analyzing the Portland-Milwaukie Light Rail Project: An Engineering Economic Perspective

  For thousands of years, humanity has been involved in building and rebuilding the world. Groups, Governments, NGO’s and many more organizations are involved in ‘building’ activities for developing the ...

  Citation × Citation Citation Abstract Copy Title: Analyzing the Portland-Milwaukie Light Rail Project: An Engineering Economic Perspective Author: Castillejos, Ignacio, Garcia, Jorge, Shah, Kshiti, Upadhyay, Jubin Year: 2012 For thousands of years, humanity has been involved in building and rebuilding the world. Groups, Governments, NGO’s and many more organizations are involved in ‘building’ activities for developing the surroundings that affect their existence with the aim of making living more convenient. Public projects, for the welfare of the citizens fall under this purview. Engineering Economics, as a subject and research area, teaches us to evaluate and analyze large scale public projects. The Pacific Northwest region in the US is characterized by the culture of holistic development: the monetary element is only one component in the decision making process to decide the viability of a project, and hence we see wind turbines, green recycling, electric cars and excellent public transport in this region. One such project is the Portland-Milwaukie Light Rail construction project which is currently under construction and will be operational in a couple of years. This paper intends to explore the viability of this project from multiple perspectives, using Engineering Economy theory it analyzes the outcome on the basis of Benefits and Costs. We intend to learn and explore the theoretical aspect of project feasibility from the engineering economic theory point of view. Title: Analyzing the Portland-Milwaukie Light Rail Project: An Engineering Economic Perspective Author: Castillejos, Ignacio, Garcia, Jorge, Shah, Kshiti, Upadhyay, Jubin Year: 2012 For thousands of years, humanity has been involved in building and rebuilding the world. Groups, Governments, NGO’s and many more organizations are involved in ‘building’ activities for developing the surroundings that affect their existence with the aim of making living more convenient. Public projects, for the welfare of the citizens fall under this purview. Engineering Economics, as a subject and research area, teaches us to evaluate and analyze large scale public projects. The Pacific Northwest region in the US is characterized by the culture of holistic development: the monetary element is only one component in the decision making process to decide the viability of a project, and hence we see wind turbines, green recycling, electric cars and excellent public transport in this region. One such project is the Portland-Milwaukie Light Rail construction project which is currently under construction and will be operational in a couple of years. This paper intends to explore the viability of this project from multiple perspectives, using Engineering Economy theory it analyzes the outcome on the basis of Benefits and Costs. We intend to learn and explore the theoretical aspect of project feasibility from the engineering economic theory point of view. Close