Engineering Economy (EE) Wellington Award

The Wellington Award recognizes outstanding long-term contributions and service in the field of engineering economy that enhance the visibility of the engineering economy division of IISE. The Wellington Award is limited to individuals that have made significant contributions to the field of engineering economy. The award is named after Arthur M. Wellington, author of The Economic Theory of Railroad Location, in 1887.

Eligibility and Criteria

Original contributions to the profession:

  • Publications (articles, books, monographs)
  • Research (theoretical development, methodological innovation)
  • Standardization (notation, methods, formats)

Recognition of service to the profession:

  • Leadership in organizations (as officer, editor, program chair, committee chair, etc.)
  • Involvement in organization activities (professional organizations, private industry, government, development of new organizations, etc.)
  • Contribution to the profession (book reviews, case studies, bibliographies, abstracts, interest tables, calculating devices, etc.)
  • Length and quality of service

Application of engineering economy:

  • Application of engineering economy
  • Proper application of principles
  • Scope and importance of application
  • Originality
  • Presentation

Nominations

Email an electronic letter of nomination (with any supporting information available) to Nabil Nehme by February 14, 2025 Questions may be directed to the same address.

The eligibility is determined by a four-member selection panel. Whenever possible, academia, government and private industry will be represented in the panel, with the immediate past division director as the fourth member. Each appointed member shall serve a three-year term. Terms will be staggered with one member being replaced annually.

The selection panel will be responsible for:

  • Identifying and selecting potential recipients.
  • Preparing the description of the service or achievements for which the award is being presented.
  • Notifying the recipient in sufficient time to allow attendance at the annual conference.
  • Preparing the news release announcement to be sent to appropriate media outlets.

The award will be announced at the IISE Annual Conference & Expo. The winner will be notified March 15, 2025.

Important Dates (Deadlines)

  • Nominations are due February 14, 2025
  • Winners will be notified by March 15, 2025
  • Speaker registration deadline:  March 23, 2025

Committee Chairs

Conflict of Interest Policy

Societies and divisions must follow standard conflict of interest guidelines. Those guidelines include, but are not limited to:

  • Officers and Board members of the Division should be ineligible for awards during the period of their service, without approval by the Senior VP for Technical Operations (SVP). Exceptions may only be made by the SVP when awards are time sensitive, and the impacted board member(s) or officer(s) must recuse themselves from the award process. For awards that are not time-sensitive, the nominee should wait until their Officer or Board service is complete to be nominated.
  • The awards committee (or judging committee) should not include members who have either a personal or professional relationship with the nominees. For example, a faculty member should not be judging a paper competition where a participant from the same university is a nominee for best paper award.
  • The awards committee (or judging committee) should actively change its membership on a rotating basis from year to year to ensure fairness, equity, and diversity. That is, some members of the judging committee should roll off the committee and new members should roll on.

2024 Winner

Karen M. Bursic
University of Pittsburgh

2021 Winner

Sarah Ryan
Iowa State University

Wellington Award Past Winners 

Engineering Economy Division Page 

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