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Engineering Economics information

Is engineering economics difficult?

Engineering economics involves analyzing costs, benefits, and financial factors related to engineering projects, and it requires understanding of economic principles, mathematics, and engineering concepts. The difficulty depends on a person's background in these areas and their familiarity with financial analysis tools like present worth and rate of return calculations. Developing strong analytical skills and gaining practical experience can help manage the complexity of the subject.

What are the typical responsibilities of an engineering economics professional?

Engineering Economics professionals are typically responsible for evaluating the financial viability of engineering projects, conducting cost-benefit analyses, and preparing detailed economic forecasts to guide project planning. They often collaborate closely with engineering teams, project managers, and financial departments to gather data, assess risk, and ensure resources are optimally allocated. On a daily basis, they may work on developing financial models, presenting findings to decision-makers, and recommending strategies to improve project efficiency and profitability. This interdisciplinary work enables organizations to make data-driven investment and project management decisions.

What is engineering economics?

An Engineering Economics job involves applying economic principles to engineering projects to ensure cost efficiency and financial feasibility. Professionals in this field analyze costs, evaluate investment decisions, and optimize resource allocation for engineering projects. They work in industries like construction, manufacturing, and infrastructure development to balance technical and financial considerations. Their role helps organizations make data-driven decisions that maximize profitability while maintaining project sustainability.

What are the key skills and qualifications needed to thrive in engineering economics?

To excel in Engineering Economics, you need strong quantitative analysis, economic modeling, and engineering fundamentals, usually backed by a degree in engineering or a related field. Familiarity with financial analysis software, spreadsheet modeling, and cost estimation tools is highly valuable, and certification such as Professional Engineering (PE) or specialized economics credentials can be advantageous. Excellent problem-solving, attention to detail, and communication skills help professionals explain complex cost-benefit analyses to technical and non-technical stakeholders. These competencies ensure accurate economic assessments and informed decision-making, directly impacting project viability and resource allocation.

What jobs combine engineering and economics?

Jobs that combine engineering and economics include roles such as engineering economist, cost analyst, project manager, and operations researcher. These positions often require skills in financial analysis, data modeling, and engineering principles to evaluate project feasibility, optimize resource allocation, and improve operational efficiency.
What are the most commonly searched types of Engineering Economics jobs in Georgia? The most popular types of Engineering Economics jobs in Georgia are:
What are popular job titles related to Engineering Economics jobs in Georgia? For Engineering Economics jobs in Georgia, the most frequently searched job titles are:
What job categories do people searching Engineering Economics jobs in Georgia look for? The top searched job categories for Engineering Economics jobs in Georgia are:
What cities in Georgia are hiring for Engineering Economics jobs? Cities in Georgia with the most Engineering Economics job openings:
Engineering Economics jobs near you
Infographic showing various Engineering Economics job openings in Georgia as of July 2026, with employment types broken down into 86% Full Time, 12% Part Time, 1% Temporary, and 1% Contract. Highlights an 74% Physical, 6% Hybrid, and 20% Remote job distribution.

Project Engineering Manager, Food Manufacturing

Ethos

Cumming, GA

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted yesterday

Job description

Project Engineering Manager, Food Manufacturing

As a trusted authority in project management with equipment automation, this role tackles the most complex challenges, turning visionary concepts into reality.

Position Responsibilities:

         Responsible for developing preliminary designs and specifications for engineering and materials, while also preparing project cost estimates.

         Conduct research, feasibility studies, and economic studies to ensure the design is both viable and cost-effective.

         Determine design criteria based on required standards and codes, and validate field work, creating as-built drawings to document the final outcome.

         Review and check engineering projects for accuracy and soundness and manage project execution by guiding vendors and contractors.

         Coordinate project schedules with plant personnel, vendors, and contractors, ensuring alignment with management and engineering teams to successfully implement plans.

         Coordinate and provide direction to equipment vendors to plan layouts, ensure utility requirements are met, and maintain installation schedules.

         Review work products submitted by consultants, offering recommendations for adjustments as necessary.

         Maintain comprehensive documentation, including equipment manuals, mechanical and electrical drawings, parts lists, specifications, and vendor/service contact information, ensuring all project details are properly organized and accessible.

Requirements

    • Bachelor's Degree from an accredited four-year college or university in Engineering, or related field and 5+ years of relevant experience; or equivalent combination of education and experience, required.
    • 2+ years' experience in a position of leadership to include team development and management, required.
    • Ability to apply sound engineering principles to operational and design issues.
    • Knowledge of installation and construction project scheduling.
    • Must possess Project Management skills; Contract Administration skills; National codes and standards interpretation skills.
    • Proficient in engineering economics.
    • Proficient in AutoCAD.
    • Proficient in Microsoft Excel spreadsheet software and Word processing software, other Microsoft Office products.
    • Energized by collaboration through travel to other locations. (50% of the time). 
    • Knowledge of engineering principles and techniques related to food processing and the meat industry.
    • Previous experience in the management of multi-million dollar projects with large scopes.

Benefits

  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (401k, IRA)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Short Term & Long Term Disability
  • Training & Development

Apply