what is Engineering Management?

Engineering Management is a field that combines engineering principles with business practices to oversee projects, teams, and resources in various industries. It involves planning, coordinating, and supervising engineering projects to ensure they are completed efficiently and effectively. For example, an Engineering Manager may be responsible for leading a team of engineers in developing a new product, ensuring that it meets technical requirements and is delivered on time and within budget. They may also handle communication with stakeholders, manage resources, and make strategic decisions to drive the project’s success. According to the Bureau of Labor Statistics, the median annual wage for architectural and engineering managers in the United States was $144,830 in May 2020. An analogy for Engineering Management is being the conductor of an orchestra, where the Engineering Manager directs and coordinates different sections (engineers) to produce a harmonious and successful performance (project completion). Verifiable fact: Engineering Management is a growing field, with the demand for architectural and engineering managers projected to grow by 3% from 2020 to 2030, according to the Bureau of Labor Statistics.