Economic evaluation of an electromechanical facility

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Authors
Subramaniam, Sivaganeshwar
Lynch, Adam Carlton
Advisors
Issue Date
2025-03-07
Type
Conference paper
Keywords
Entrepreneurial mindset , Project-based learning , Financial decision-making , Engineering education , KEEN , System engineering , Risk management , INCOSE
Research Projects
Organizational Units
Journal Issue
Citation
Subramaniam, S., & Lynch, A. C. (2025). Economic evaluation of an electromechanical facility. In Proceedings of the 31st International Conference on Industry, Engineering and Management Systems (IEMS), 31, 29-41. https://doi.org/10.62704/10057/31308
Abstract

This study provides a structured framework through the integration of INCOSE's risk management process with the financial valuation ratios from CFI to evaluate the viability of an electromechanical startup from a financial perspective. This study uses the three-statement financial model to show how risk-informed decision making improves profitability within a quarterly timeline in the first year while simultaneously stabilizing leverage and efficiency ratios. The findings show that combining systems engineering risk management with financial modeling improves cost efficiency, schedule adherence, and economic sustainability, while aligning with KEEN's “create value” principle.

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Description
Published in SOAR: Shocker Open Access Repository by Wichita State University Libraries Technical Services, November 2025. 2025 IEMS Officers: Gamal Weheba (Conference Chair); Hesham Mahgoub (Program Chair); Dalia Mahgoub (Technical Director); Ed Sawan (Publications Editor); Wilfredo Moscoso (Proceedings Editor); Abdulaziz G. Abdulaziz (Associate Editor)
Publisher
Industry, Engineering & Management Systems Conference
Journal
Book Title
Series
Proceedings of the 2025 IEMS Conference, v.31
PubMed ID
ISSN
2690-3210 (print)
2690-3229 (online)
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