Master of Engineering Management Flashcards
7 cards from real ME or MEng Master of Engineering practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Master of Engineering Management flashcards as text
A company's supply chain is frequently disrupted by single-source suppliers. The most effective long-term risk mitigation strategy is to:
Answer: Qualify multiple alternative suppliers for critical parts
Supplier diversification eliminates single-point-of-failure risk and creates competitive pressure without the capital intensity of full insourcing.
In Lean engineering management, 'Muda' refers to:
Answer: Any activity that consumes resources without adding customer value
Muda means waste — the seven wastes (overproduction, waiting, transport, over-processing, inventory, motion, defects) consume resources without creating value.
When calculating a project's Schedule Performance Index (SPI), an SPI of 0.85 indicates:
Answer: The project is progressing at 85% of the planned rate
SPI = Earned Value / Planned Value; SPI < 1.0 means the project is behind schedule, earning only 85 cents of planned value per dollar of planned work.
A Design of Experiments (DOE) approach helps engineering managers by:
Answer: Systematically identifying factor interactions affecting product performance
DOE allows efficient exploration of multiple input factors simultaneously, revealing main effects and interactions that one-factor-at-a-time testing misses.
The 'make-or-buy' decision in engineering management should primarily be driven by:
Answer: Total cost, strategic capability, and supply risk analysis
Make-or-buy analysis weighs total lifecycle cost, whether the capability is a strategic core competency, and supplier reliability and risk.
In engineering ethics, the NSPE Code of Ethics holds that engineers must hold paramount:
Answer: The safety, health, and welfare of the public
NSPE's first fundamental canon requires engineers to hold the safety, health, and welfare of the public as the highest professional obligation.
A Monte Carlo simulation in project risk management is used to:
Answer: Generate a probability distribution of possible project outcomes
Monte Carlo simulation runs thousands of iterations with variable inputs to produce a probability distribution of outcomes like completion date or final cost.