EMCI

EMCI

• CBCP • CPP • CRA • CAE • CQA • CPF • RHIA • Supply Chain • Business Management • Quality Management • Account, Audit & Finance • Contract Management • Security • Information Security • PRINCE2 • Industrial Safety • Civil Service Exams • Engineering • Academic • Order & FAQ •

• EMCI • FE Exam • ALL-IN-ONE •

	ExamESSENTIALS Study Guide for Engineering Management, covering the latest EMCI certification exams knowledge domains
Covering the latest EMCI exam specification.

According to the Engineering Management Certification International (EMCI), "EMCI programs are based on uniform, globally administered examinations that evaluate an engineer’s knowledge and skills in planning, organizing and directing technological activities and resource allocation."

The EMCI certification exams are three hours in length. They are composed of 150 questions each, all derived from those major engineering management subject areas comprising their Engineering Management Certification Body of Knowledge.

There are two EMCI exams, one at the fundamental level and another at the professional level. They both follow the same Body of Knowledge but with different degrees of coverage. The domains are:

Market Research, Technology Updates, & Environmental Scanning
Planning & Adjusting Business Strategies
Developing Products, Services, & Processes
Engineering Operations & Change
Financial Resources & Procurement
Marketing & Sales
Leading Individuals & Engineering Project teams
Professional Responsibility & Legal Issues

You may think of the EMCI exams as business management exams for engineers.

EMCI does not produce any official self study pack, so we fill the gap here by releasing this Engineering Management ExamEssentials Study Guide. The Engineering Management ExamEssentials Study Guide provides extensive and in-depth study coverage on the most important engineering management BOK knowledge domains of the exam. You may take a look at the Table of Contents via this link:

Table of Contents
END USER LICENSE AGREEMENT EXAM FORMAT OFFICIAL EXAM TOPICS EXAM REGISTRATION STUDY PSYCHOLOGY & EXAM TACTICS ABOUT THE EMCI EXAMS << US BUSINESS ENVIRONMENT AND REGULATORY REQUIREMENTS >> << MANAGING FINANCIAL RESOURCES >> ENGINEERING ECONOMICS ACCOUNTING PRINCIPLES AND STANDARDS IAS GAAP, FASB AND SFAS THE ACCRUAL PRINCIPLE THE HISTORICAL COST PRINCIPLE THE CONSISTENCY PRINCIPLE THE PRUDENCE PRINCIPLE THE MATERIALITY PRINCIPLE THE MATCHING PRINCIPLE THE SEPARATE LEGAL ENTITY CONCEPT THE CONSERVATIVE PRINCIPLE THE GOING CONCERN CONCEPT ACCOUNTING FOR NON-ACCOUNTANTS DEPRECIATION CASH FLOW FUNDING VIA LOAN AND/OR OVERDRAFT THE BUDGETING PROCESS BUDGET DEVELOPMENT STRATEGY COVERAGE BUDGET VARIANCES STANDARD COSTING SLACK FINANCING AND CAPITAL MANAGEMENT CAPITAL MARKET PORTFOLIO THEORY CAPITAL ASSET PRICING MODEL BLACK-SCHOLES MODEL PUT-CALL PARITY MARKET RISK VS BUSINESS RISK SYSTEMATIC RISK VS SPECIFIC RISK COST OF CAPITAL FINANCIAL LEVERAGE INTERNAL VS EXTERNAL SOURCES OF FUNDING EQUITY FINANCING VS DEBT FINANCING CAPITAL BUDGETING AND INVESTMENT EVALUATION METHODS NPV IRR EQUIVALENCE MODELS COST MANAGEMENT STANDARD COSTING ACTIVITY-BASED COSTING LCC THROUGHPUT ACCOUNTING PERFORMANCE MEASUREMENT AND ROI PERFORMANCE MEASUREMENT AND BENCHMARKING INVENTORY ACCURACY CYCLE COUNTING VS PHYSICAL INVENTORY ADC << COMMUNICATION & INFORMATION MANAGEMENT >> THE ROLE AND APPROACHES OF INFORMATION MANAGEMENT INTEGRATING INFORMATION AND BUSINESS STRATEGIES COMMUNICATION MANAGEMENT VERTICAL COMMUNICATION HORIZONTAL COMMUNICATION DIAGONAL COMMUNICATION CIRCULAR COMMUNICATION COMMUNICATION BARRIERS FORMAL NETWORK VS GRAPEVINE FORMAL COMMUNICATION VS INFORMAL COMMUNICATION VERBAL VS NONVERBAL COMMUNICATION NONVERBAL CLUES THE NEGOTIATION PROCESS STYLES OF NEGOTIATION << MANAGING RISK >> PROBABILITIES, UNCERTAINTIES AND RISKS RISK MANAGEMENT DEFINED THE RISK MANAGEMENT STEPS MITIGATION RISK ANALYSIS VS RISK ASSESSMENT RISK ANALYSIS TOOLS STRATEGIC RISK ASSESSMENT RAV THE RISK ASSESSMENT FLOW RISK COMMUNICATION RISK VS THREAT AND VULNERABILITY RISK CHARACTERIZATION LOSS CALCULATIONS << MANAGING PROJECTS >> PROJECT OBJECTIVES AND PHASES PROJECT PROPOSAL PROJECT MANAGER AND THE STEERING COMMITTEES PROJECT PLAN STAKEHOLDER INTEREST PROJECT KILL AND HALT POINTS INTEGRATED CHANGE CONTROL SCOPE CHANGE CONTROL TIME CONTROL PROJECT TIME MANAGEMENT PROJECT SELECTION CRITERIA AND WEIGHT SAMPLE PROJECT SCORECARD MANAGING PROJECT TEAM << MANAGING INFORMATION TECHNOLOGY >> OPERATING SYSTEMS APPLICATION SOFTWARE HARDWARE AND DEVICES ERGONOMICS VIRTUAL OFFICE FAX NETWORK RELATED TECHNOLOGIES << MANAGING THE SUPPLY CHAIN >> SUPPLY CHAIN SCM SWOT ANALYSIS ENVIRONMENTAL SCANNING MBO, MBE AND VA SCOR SUPPLY CHAIN DESIGN	SUPPLY CHAIN REENGINEERING VS COLLABORATION SUPPLY CHAIN CHALLENGES INTERNATIONAL SOURCING JUST-IN-TIME (JIT) WASTE ELIMINATION AND QUALITY IMPROVEMENT KANBAN AND JIT MANAGING OPERATIONS WORK CENTERS PRODUCTION FLEXIBILITY LINE SCHEDULING QUEUE MANAGEMENT OPERATION OVERLAPPING OPERATION SPLITTING PERFORMANCE MEASURES AND VISUAL CONTROL WAREHOUSING STRATEGIES AND ACTIVITIES SETUP REDUCTION MODERN INVENTORY CONTROL SYSTEMS << MANAGING LOGISTICS >> TRANSPORTATION BASIC MODES OF TRANSPORTATION DRP PACKAGING << MARKETING AND DEMAND MANAGEMENT >> MARKET RESEARCH RM AND CRM MARKETING MIX DEMAND PLANNING & MANAGEMENT NATURE OF DEMANDS DEMAND MANAGEMENT VS DEMAND PLANNING HOW DO YOU ACTUALLY MANAGE THE DEMAND? DEMAND FORECASTING STATISTICAL TOOLS FOR FORECASTING MOVING AVERAGE ABC CLASSIFICATION MORE ON QUANTITATIVE TECHNIQUES THE CENTER THE DISTRIBUTION NORMAL DISTRIBUTION CORRELATION ANALYSIS AND CONTINGENCY ANALYSIS STATISTICAL INFERENCE OTHER ANALYSIS METHODS BULLWHIP EFFECT MANAGING RESOURCES STRATEGICALLY << MANAGING QUALITY >> AN OVERVIEW OF THE TERM “QUALITY” QUALITY ASSURANCE, CONTROL AND MANAGEMENT TQM GOOD PRACTICE SYSTEMS CHECK SHEETS QFD FISHBONE DIAGRAM KAIZEN TOYOTA PRODUCTION SYSTEM DEPARTMENTAL PURPOSE ANALYSIS POKA-YOKE QUALITY CIRCLE PDCA ADRI SIX SIGMA CONTINUOUS IMPROVEMENT PROJECTS STATISTICAL PROCESS CONTROL CONTROL CHARTS CONTROL CHART, RUN CHART, PARETO CHART, SCATTER DIAGRAM, AND CAUSE & EFFECT DIAGRAM ZERO DEFECTS FAILURE TESTING SCORECARDING AUDIT METRICS QUALITY STANDARDS PQT AND QIT KAIZEN TEAM << LEADERSHIP >> LEADERSHIP STYLES GOVERNANCE AGENCY THEORY BUSINESS ETHICS SOCIAL RESPONSIBILITY << MANAGING KNOWLEDGE >> << MEASURING BUSINESS PERFORMANCE >> FINANCIAL MEASURES METRICS FOR OPERATION AND INVENTORY MANAGEMENT OTHER METRICS BENCHMARKING << MANAGING PROCUREMENT >> NEW TREND IN PURCHASING NEW TREND IN SUPPLIER RELATIONSHIP MANAGEMENT JIT AND PURCHASING WASTES IN THE PURCHASING PROCESS BENEFITS OF JIT PURCHASING << MANAGING BUSINESS CONTRACT >> QUOTATIONS AND TENDERS BUSINESS CONTRACT ELEMENTS CONTRACT ADMINISTRATION << MANAGING THE ORGANIZATION >> MANAGEMENT PRINCIPLES MANAGEMENT SCIENCE, DECISION MODEL, AND CONTROLS OB MODELS AND THEORIES ORGANIZATIONAL DEVELOPMENT STAFFING STRATEGIC WORKFORCE PLANNING INTERNAL CONTROLS BASIC CONTROL PRINCIPLES CASH HANDLING DISBURSEMENTS, PAYMENT AND ACQUISITION DIVERSITY MANAGEMENT ISSUE MANAGEMENT PREMISES MANAGEMENT PERFORMANCE EVALUATION << LATEST UPDATES >> Ethics Decision Theory System Engineering Industrial Engineering and Value Engineering Productivity Analysis and Methods Analysis Methods Engineering Work Measurement Techniques << LAST MINUTE TIP >>
Special Topics Update – Strategic Planning & Management You will find the following topics included in this update: Strategic Planning & Management Vision, Mission and Values Strategic Business Issues and Strategic Business Objectives Crafting Strategic Plans Levels of Strategy Formulation Further references: Gilbreth Theory Complexity Theory Theories of Leadership Postmodernism Management VS Classical Management Contingency Management Theory The Mayo Theory of Management The Blanchard Management Style McGregor’s Theory The Likert Scale	Special Topics Update – Strategic HRM You will find the following topics included in this update: HRD Strategic HRM HR Plans A Four-Task Model for HR Planning and Development Employee Assignments Employee Competencies Employee Behaviors Employee Motivation Policies and Practices Evaluation, Feedback and Rewards Relevant Theories Workplace Deviance
SAMPLE TEXT on Engineering Economics Engineering economics refers to the application of economic techniques for evaluating various design and engineering alternatives. Simply put, the primary focus of engineering economics is to assess the appropriateness of a given project, estimate its value, and justify it from an engineering standpoint. Engineers must be capable of deciding if the benefits of a proposed project would exceed its costs, and must make this comparison in a unified framework, which is what engineering economics is all about. Satisfaction of the physical and economic environments is usually linked through production and construction processes. Engineers are therefore in a position to manipulate the relevant systems for achieving a balance in the various attributes in both the physical and economic environments, all within the bounds of limited resources. When conducting engineering economic analyses, it is usually reasonable to assume at first, for the sake of simplicity, that benefits, costs, and physical quantities are known with a high degree of confidence. Such degree of confidence is sometimes being referred to as assumed certainty. Do remember that both risk and uncertainty in decision-making activities are caused by a lack of precise knowledge regarding future conditions - estimation may not always be accurate. Generally speaking, the engineering process employed from the time a particular need is recognized until it is satisfied may be classified into a number of phases as shown below: Determination of Objectives, which involves finding out what people need and want that can be supplied by engineering. Identification of Strategic Factors, which are those factors that stand in the way of attaining objectives (the limiting factors). Determination of means (in the form of, say, engineering proposals), which involves discovering what means exist to alter strategic factors in order to overcome limiting factors. Evaluation of Engineering Proposals, with economic analysis employed to determine which among them, if any, is the best means for solving the problem at hand. Assistance in Decision Making, which means providing assistance to the real decision makers supervising the engineers. SAMPLE TEXT on TVM and the relevant concepts Time Value of Money (TVM) is based on the concept that money that you hold today is worth more because you can invest it and earn interest. Simple interest is computed only on the original amount borrowed. It is the return on that principal for one time period, while compound interest is calculated each period on the original amount borrowed plus all unpaid interest accumulated to date. Periods are evenly-spaced intervals of time, not necessarily in years. Payments are a series of equal, evenly-spaced cash flows. Present Value refers to the amount today that is equivalent to a future payment, or series of payments, that has been discounted by an appropriate interest rate. On the other hand, Future Value refers to the amount of money that an investment with a fixed, compounded interest rate can grow to by some future date. Cash flow refers to the stream of monetary (dollar) values in terms of costs (inputs) and benefits (outputs) resulting from a project investment. Time value of money refers to the time-dependent value of money stemming both from changes in the purchasing power of money in the form of inflation or deflation and from the real earning potential of alternative investments over time. Free cash flow refers to the cash that flows through a company in the course of a quarter or a year once all cash expenses have been removed. It represents the actual amount of cash that a company has left from its operations that could be used to pursue other opportunities. Cash flow diagrams provide a means of visualizing and simplifying the flow of receipts and disbursements for the acquisition and operation of engineering items. Interest refers to the money paid for the use of borrowed money or the return on invested capital. The economic costs of your engineering solutions can be estimated correctly only via the inclusion of a factor for the economic cost of money. Interest formulae often play a central role in the economic evaluation of engineering alternatives.

Our EMCI Study Guide goes the expert-advice way. Instead of just giving you the hard facts, we also give you information that covers the best tricks and practices. With these information, you will always be able to make the most appropriate expert judgment in the exam.

Engineering Management Certification International (EMCI), Engineering Management Certification Fundamentals (EMCF), and Engineering Management Certification Professional (EMCP) are the registered trademarks of the American Society of Mechanical Engineers (ASME). We are not affiliated with any of them.

As an independent content developer, we are NOT affiliated with the EMCI.

ExamREVIEW is an independent content developer not associated/affiliated with the certification vendor mentioned on this web page and throughout this web site. The certification exam described is the trademark of the corresponding certification vendor.

We at ExamREVIEW develop study material entirely on our own. Our material is fully copyrighted. Braindump is strictly prohibited. We provide essential knowledge contents, NOT any generalized "study system" kind of "pick-the-right-answer-every time" techniques or "visit this link" referrals.

You may choose products based on their purposes and/or nature:

Ready-to-go: the product will get you sufficiently prepared for the exam assuming you have reasonable background in the corresponding field.	Filling-the-gaps: the product is written to secure exam clearance through filling up exam-specific gaps found in the mainstream study material.	Essential Reference: the product provides coverage on selected essential topic(s) given BOK of a massive scale.	Focused revision: highly focused study notes covering key exam topics.
	Our printed books are distributed primarily through CREATESPACE AMAZON. Page size is 8" x 10", grayscale printing, with font sizing ranging from 10 to 14 (Garamond).		Our electronic study products are in PDF format. Full color printing, with font sizing ranging from 10 to 14 (Garamond).
Shipment is through		To view this web site properly, your browser needs to support Javascript. Click HERE to find out.

Exam Index Quick Support Subscribe Terms of Use Contact Us