The eLearning Center for Gatlin Education Services

The course advances the professionalism of engineers and engineering-managers/owners through the language of finance and accounting. Financial mathematical tools are introduced or re-introduced into the engineer’s project planning and budgeting analysis so that the PE can interact with other professions including senior and executive management and stakeholders of the operations.

Participants will learn how to use financial analytical tools for the decision-making process specifically applied to: project evaluation and project management, costing, contract negotiations, employee evaluation, revenue, profit and cash production, valuation of assets including buying and selling professional engineering practices. In addition, participants will also learn how others, namely CFO’s, utilize financial tools in their analytical evaluations, including times when such tools are abused.

Target participants are those PE managers needing a better background in the financial budgeting process, in strategic and capital budgeting and in executive managerial interactions.

There is a focus on financial mathematics and the use of Excel and its financial function keys. To receive continuing education credits, the student must successfully pass a 20-question multiple-choice quiz where the use of financial functions must be successfully demonstrated.

State Board Acceptance

This course can be used by professional engineers to fulfill PDH requirements mandated by state and provincial licensing boards. Decatur Professional Development is an approved provider of continuing education in all states that pre-approve course providers. In all other states that mandate continuing education for engineers, it is the individual engineer's responsibility to determine the suitability of activities for PDH credit. The state boards typically accept online* courses that cover technical, managerial** or ethical content and which are relevant to the practice of engineering. The course must have a clear purpose or objective with a content that will maintain, improve or expand the skills and knowledge of the licensee's field of practice. For questions about your mandatory PDH requirements, visit the website of your state licensing board.

*Online courses are accepted by all state licensing boards that mandate continuing education. Other than New York (which limits online courses to 18 PDH) and Iowa (which limits online courses to 6 PDH), there are no limits placed by other states on the number of hours that can be earned through online continuing education. Consult with your state licensing board if you have any questions about the acceptability of online courses.

**The New York State Board of Engineers does not accept general office management courses, but will accept project management courses that are offered by an approved provider and that are technical in nature and contribute to the engineer's professional practice.

Please Note: Continuing Education credits for this course are awarded as PDH (Professional Development Hour Credits).