Engineering management brings together the technological problem-solving ability of engineering and the organizational, administrative, legal and planning abilities of management in order to oversee the operational performance of complex engineering driven enterprises.
Engineering management covers the gap between engineering and business management, namely the combination of technical and economic decision-making with analytical skills, optimization capabilities, and technical product development.
In part, the rise of Industry 4.0 has been a conduit for the engineering management landscape. Systems engineers now exist in an era where technologies combine human, machines, and data, a modernized form of engineering management has arisen.
In this new era, engineering management must have their decision making supercharged by data and artificial intelligence (AI).
At its core, the field of engineering management combines technical engineering expertise, human leadership, specific business management concepts, and advanced technologies.
Today’s engineering managers have expanded and diverse responsibilities, such as safety, sustainability, resource allocation, team building, project planning, budgeting, and product development linked with economic and financial outcomes. They must also oversee execution in terms of technology deployment.
They must also be skilled Industry 4.0 leaders who can guide diverse engineering teams and oversee complex service or product development that always leverage and consider the role of data.
Essentially, engineering managers find themselves in a realm where all industries are becoming more data-driven and thus are basing their business decisions on all the digital data collected across the supply chain.
Consequently, engineers are being increasingly brought to the decision table to analyze and interpret the massive amounts of data to help make fast, robust economic decisions, and to apply engineering management skills to better lead engineering teams to exploit new opportunities and develop smarter products, platforms, and services.
Want to learn more? Tonex offers Engineering Management Training courses where participants learn how to cover the gap between engineering and business management. This includes having a better understanding of the combination of technical and economic decision-making with analytical skills, optimization capabilities, and technical product development.
Engineering Management courses include:
AI in Engineering and Systems Engineering of Complex System of Systems (SoS) Seminar
Integrating Systems Engineering, Project Management and SOW
Proposal Engineering for Non-engineers Training Course
For more information, questions, comments, contact us.