IISE Engineering Economy (EE) Division Industry Practitioner Award

The purpose of the award is to recognize excellence in industry practice of engineering economy (EE) concepts. The objectives of the award are to show appreciation to the industry practitioners of IISE who are outstanding in implementing EE concepts and techniques, as well as encourage practitioners, via recognition possibility, to raise standards in the practice and dissemination of EE concepts in engineering.

Eligibility Criteria

The eligibility criteria are listed as follows:

  • The candidate must be a member in the IISE EE division
  • The candidate should have industry experience in EE or related areas for at least three years

Application Process

The candidate can be nominated by a colleague within his/her own company, or outside of their organization. The following documents should be included in the nomination package:

  • A one-page reflective statement by the individual being nominated, to include the impact of how the individual’s work has influenced other people in the company or in the industry within the area of Engineering Economics
  • At least two letters of support; at least one of the letters must be from a current or former co-worker or client
  • Examples of projects that the candidate has applied engineering economy tools, techniques and/or software in industry practice for which the candidate is being recognized
  • Curriculum vitae of the candidate

Evaluation Criteria

The award committee may use the following criteria to rank the award candidates and choose the winner::

  • Leadership: Demonstration of leading excellence in industry practice of EE concepts
  • Application of EE concepts: Demonstration of the value through the application of EE concepts in industry (this criterion will consider the statements from references)
  • Innovation: Use of innovative approaches to implement the principles and practices of EE

Nominations are due by midnight CST February 9, 2025 All of the application documents must be emailed as a single PDF file or a single compressed file to the Nabil Nehme.

Important Dates (Deadlines)

  • Nominations are due February 9, 2025
  • Winners will be notified by March 15, 2025
  • Speaker registration deadline:  March 23, 2025

Recognition

  • First prize winner(s) will receive a certificate with a hardback cover at the Engineering Economy (EE) Division townhall meeting at the Annual Conference.
  • Second and Third prize winners will receive a digital certificate and be recognized at the EE townhall meeting at the 2024 Annual Conference
  • First, second, and third prize winners will be recognized on the EE webpage and in the EE newsletter
  • First, second, and third prize winners will be recognized in ISE magazine.

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 S/D 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 (i.e., a Student Best Paper Award for a Student Board Member, when the student is graduating), 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 student from the same university is a nominee for best student 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.

2021 Winner

Moufid Dardas
Hydro One

Engineering Economy Division page

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