AIMS AND CONTENT

LEARNING OUTCOMES

The objective of the course is to provide the student with the basis for understanding the functioning of the economic and managerial dimension that characterizes a work site. Particular attention is paid to the fundamentals of management control of companies operating on a contract basis.

AIMS AND LEARNING OUTCOMES

The aim of the module is to provide students with the basis for understanding the functioning of the economic and management dimension of a shipbuilding yard. Particular attention is paid to the fundamentals of management of companies operating on a contract basis.

At the end of the module, the student will be able to make economic-financial evaluations regarding the execution of a contract or the operation of shipyard in its entirety.

TEACHING METHODS

The teaching activity will be provided in person through lectures and exercises.

SYLLABUS/CONTENT

The module is divided into two parts. The first aims to provide students with basic accounting skills and is preparatory for the subsequent part, which is oriented towards management control and measuring business/project performance. Specifically:

Introduction to General Accounting

• Nature and purpose of accounting
• Accounting principles
• Balance Sheet and Income Statement
• Key Financial Ratios for measuring business performance

Management Control

• Cost classification
• Measurement of full cost of product (resource-oriented and cost center system)
• Management of large contracts and evaluation of their performance (key performance index and income statement of the contract)
• Economic Value Added and KPIs for performance measurement
• Earned Value
• Algorithms for assessing operational risk

Short-term operational decisions

RECOMMENDED READING/BIBLIOGRAPHY

To follow the module, the material provided by the teacher will be sufficient. At the same time, for further in-depth study, the texts listed below can be consulted.

Contabilità generale

“Il bilancio. Analisi economiche per le decisioni e la comunicazione della performance” di Robert N. Anthony, David F. Hawkins, Diego M. Macrì, Kenneth A. Merchant. McGraw-Hill.

Contabilità direzionale

“Programmazione e controllo. Managerial accounting per le decisioni aziendali” di Ray H.   Garrison, Eric W. Noreen, Peter C. Brewer, Marco Agliati, Lino Cinquini. McGraw-Hill.

“Programmazione e controllo” di Anna M. Arcari. McGraw-Hill.

“La gestione delle grandi commesse industriali. Previsione e controllo” di Daniela M. Salvioni.  Giuffrè Editore.

TEACHERS AND EXAM BOARD

Exam Board

FILIPPO BERTANI (President)

MARIA MOROZZO DELLA ROCCA E DI BIANZE'

ANNALISA BARLA (President Substitute)

ANDREA VIAN (President Substitute)

LESSONS

Class schedule

The timetable for this course is available here: Portale EasyAcademy

EXAMS

EXAM DESCRIPTION

The exam consists of a mixed format, with a written test and an oral interview.

ASSESSMENT METHODS

The assessment is based on the verification of:

• Knowledge of Key Concepts

• Understanding of Economic Models

• Ability for Critical Analysis

FURTHER INFORMATION

Students with disabilities or learning disorders are allowed to use specific modalities and supports that will be determined on a case-by-case basis in agreement with the Delegate of the Engineering courses in the Committee for the Inclusion of Students with Disabilities. Students are invited to contact the teacher of this course and copy the Delegate (https://unige.it/commissioni/comitatoperlinclusionedeglistudenticondisabilita.html).