Choose, analyze and explain in details; a new engineering project (Mechanical and/or Electrical one), using the steps of Effective Decision Making.
1. The title of your new project?
2. What are the main project Ideas and background?
3. What are the alternative options in the project?
4. What prototype steps you have performed to achieve the best alternative?
5. What are the ideas which you can ADD to improve the solutions in your project?
6. If there are risks in the project, how are you going to deal with?
7. What are the results? What is your conclusion?
Important notes;
- Support your answers with examples, use terminologies from engineering economics.