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 IISE and the EE division
  • The applied case/project for which he/she is being recognized must make a considerable contribution to the EE practice
  • 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 will be asked for nomination:

  • Three letters of support; a letter of support from the nominator and two other individuals; at least one of the three letters must be from a colleague from the same organization
  • Project summary and description of software, material or techniques used in industry practice for which the candidate is being recognized
  • Curriculum vitae of the candidate
  • A one-page reflective statement by the individual being nominated

Evaluation Criteria

In selecting the recipient of the award, the following criteria will be considered by the members of the award committee:

  • Leadership: Solid demonstration of leading excellence in industry practice of EE concepts
  • State of the art practices: The appropriateness/relevance of the application of best EE practices in the market
  • Innovation: Use of innovative approaches to implement the principles and practices of EE
  • Effectiveness of the application of EE concepts: Demonstration of the value through the application of EE concepts to the industry at large (this criterion will consider the statements from references)

Nominations are due Feb. 10, 2021, by midnight CST. All of the application documents must be emailed as a single PDF file or a single compressed file to the Mehmet Bayram Yildirim, immediate-past president of the EE division for full consideration. The winner will be notified no later than March 15, 2021. There will be no application fee.

Engineering Economy Division page