Economics And Technical Evaluation in Engineering and Maintenance Projects

Date:

07 - 09 Oct 2026

Duration:

3 days

Location:

Dubai

Price:

$2500

Course Details

Purpose & Audience

Designed for engineers, maintenance managers, and technical professionals who need to evaluate projects and investments from both technical and economic perspectives.

Economic Feasibility Analysis

Learn cost-benefit analysis, NPV , IRR, and other financial evaluation techniques for engineering investments.

Technical Assessment Criteria

Develop frameworks to evaluate technical specifications, performance capabilities, and technological suitability.

Life Cycle Costing

Understand total cost of ownership including acquisition, operation, maintenance, and disposal costs.

Risk-Adjusted Evaluation

Incorporate technical and economic risks into project evaluation and decision-making processes.

Maintenance Strategy Optimisation

Compare preventive, predictive, and corrective maintenance approaches from both technical and economic perspectives.

Learning Outcome

You can conduct comprehensive economic evaluations that support informed investment decisions in engineering projects.

You’ve learned to balance technical performance requirements with budgetary constraints and economic viability.

You understand how to calculate and compare life cycle costs across different equipment and maintenance optionsYou can integrate risk analysis into technical and economic evaluations to improve decision quality.

You’ve developed skills to present evaluation findings in formats that support executive decision-making.